investors-service

Moody’s: 1Q credit card charge-offs reach record

The amount of uncollectable debt credit card companies wrote off in the first quarter reached a record high, but there are signs the problem is easing, Moody’s Investors Service said Friday.

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Moody’s: 1Q credit card charge-offs reach record

investors-service

Credit card performance drops in Q4 (Investment Executive)

Moody’s Investors Service reports that the performance of Canadian credit card debt continued to deteriorate in the third quarter of 2009.

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Credit card performance drops in Q4 (Investment Executive)

investors-service

Moody’s: Credit-Card Delinquencies Rise; Charge-Offs Decline (Nasdaq)

Moody’s Investors Service reported U.S. credit-card delinquencies rose for a third consecutive month in October from the prior month, though charge-off levels continued to ease for a second straight month from a record in August.

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Moody’s: Credit-Card Delinquencies Rise; Charge-Offs Decline (Nasdaq)

investors-service

Two Arrested After Using Fake Credit Card at Milford Wal-Mart (Hartford Courant)

Two New Yorkers who police say were shopping at a local Wal-Mart with a fake credit card were arrested over the weekend.

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Two Arrested After Using Fake Credit Card at Milford Wal-Mart (Hartford Courant)