snuff-out

Credit-card users blow off billions in debt (The Daily Comet)

In 2009, banks wrote off a record $83.27 billion in credit card debt. A study by consumer credit research site CardHub.com found that accounts for the bulk of the of $93.2 billion drop in consumer card balances reported by the Fed for last year.

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Credit-card users blow off billions in debt (The Daily Comet)

snuff-out

Credit card companies look for holes in new rules (Pittsburgh Post-Gazette)

Sweeping credit card reforms that kicked in Feb. 22 promised to snuff out the card industry’s most abusive practices, but experts say it’s no time for consumers to let their guard down.

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Credit card companies look for holes in new rules (Pittsburgh Post-Gazette)