Credit Crunch News
- Credit card problems holding economy back
Category: Credit Crunch News
July 17, 2011
The large amount of credit card debt - and other lines of credit - held by consumers prior to the beginning of the recession may be what's holding the country back from faster economic recovery.more
- Consumer credit rose despite less credit card use
Category: Credit Crunch News
June 12, 2011
Consumers used their credit cards less often in April, but the amount they borrowed rose significantly nonetheless.more
- Mortgage defaulters have easier time paying credit card bills
Category: Credit Card News, Credit Crunch News
May 28, 2011
Consumers who have previously defaulted on their mortgages are still less likely to allow their credit card payments to become delinquent on new credit card accounts than those who have had trouble paying bills on multiple accounts.more
- Consumers would have used credit cards less before recession
Category: Credit Card News, Credit Crunch News
January 10, 2011
Most Americans have changed their attitudes toward credit cards since the start of the recession, and now some say they should have done things differently to avoid their past and current money troubles.more
- Lenders sending new offers to first-time defaulters
Category: Credit Card News, Credit Crunch News
December 18, 2010
Consumers who struggled with their credit card accounts to the point that they were written off in the past are now beginning to receive new offers from a number of major lenders.more
- Unemployment and charge off rates no longer tied together
Category: Credit Card News, Credit Crunch News
December 6, 2010
In the past, the rates of credit card defaults and delinquencies moved more or less alongside the national unemployment number, but many industry experts believe this will no longer be the case.more
- Poll shows consumers will avoid credit cards for holidays
Category: Credit Card News, Credit Crunch News
November 22, 2010
Another poll has found that consumers will avoid using a credit card as much as possible during the coming holiday season.more
- Consumers plan to take on less credit card debt this holiday season
Category: Credit Card News, Credit Crunch News
November 11, 2010
Many consumers across the country are still wary of taking on credit card debt as the economy continues to make slow improvements. A recent survey found this newfound caution may have a significant effect on holiday spending.more
- Consumers closed credit card accounts at slower rate in third quarter
Category: Credit Card News, Credit Crunch News, Economy News
November 10, 2010
While consumers worked toward eliminating some of their credit card balances in the third quarter, the rate at which these accounts were closed slowed slightly from the previous period.more
- More consumers avoid credit cards with layaway
Category: Credit Card News, Credit Crunch News
November 9, 2010
To limit their credit card debt, some consumers have turned to alternative purchasing methods, such as layaway, to buy items.more
- Unemployed hardest hit by restrictive credit card lending
Category: Credit Card News, Credit Crunch News
October 27, 2010
Consumers who have good credit scores are being rewarded with some of the best offers industry experts have seen in awhile. On the other hand, those struggling through unemployment are being locked out of the credit system completely.more
- Credit card debt keeping seniors out of retirement
Category: Credit Card News, Credit Crunch News
October 25, 2010
Financial troubles brought on by the national recession have resulted in many senior citizens running up so much credit card debt that they can no longer afford to retire.more
- Fed says credit improved slightly
Category: Credit Crunch News, Economy News
October 22, 2010
The amount of credit banks lent to consumers and businesses saw some slight improvements in the new edition of the Federal Reserve Bank's Beige Book.more
- New index finds credit card defaults declined sharply in September
Category: Credit Card News, Credit Crunch News
October 21, 2010
Consumers focused on paying off their debt in September, tallying fewer defaults and showing improvement with credit card payments.more
- Consumers' credit card difficulties improving
Category: Credit Card News, Credit Crunch News
October 11, 2010
Many consumers have had fewer problems with their credit card accounts in the last year, but they're still not happy with their lenders.more
- Credit card delinquencies drop in August
Category: Credit Card News, Credit Crunch News
October 5, 2010
The rate of people who had serious trouble paying their credit card bills climbed above 10 percent in August, after hitting a long-time low in July.more
- Consumers using CDs to pay down credit card debt
Category: Credit Card News, Credit Crunch News
September 28, 2010
As consumers have seen their credit card debt mount in recent months, many have looked for new ways to reduce the total amount they owe.more
- Drop in credit card debt may be due to charge offs
Category: Credit Card News, Credit Crunch News
September 28, 2010
In recent months, reports from both the government and many lenders have highlighted drops in both total nationwide credit card debt and the number of charge offs. Now experts are debating why.more
- AmEx Survey Shows Some Consumers Less Focused on Paying Down Credit Card Debt
Category: Credit Card News, Credit Crunch News, Economy News
September 23, 2010
Many consumers have successfully reduced their total credit card debt in recent months and now may be focusing on other financial concerns.more
- More lenders suing delinquent borrowers
Category: Credit Card News, Credit Crunch News
September 17, 2010
Even as credit card defaults fall across the country, more lenders are aggressively pursuing consumers who haven't paid their bills.more
- Consumer spending per day drops in August
Category: Credit Card News, Credit Crunch News, Economy News
September 13, 2010
Americans say they spent less per day in August than in July, a new poll has found.more
- Consumers turn to debit as credit card use drops
Category: Credit Card News, Credit Crunch News
September 9, 2010
As more Americans try to spend less on their credit cards, they are turning instead to their debit accounts. more
- Consumer credit declines in July
Category: Credit Card News, Credit Crunch News, Economy News
September 9, 2010
The amount of credit consumers carry from one month to another dropped once again in July. more
- Charge offs improved in July
Category: Credit Card News, Credit Crunch News
September 1, 2010
Consumers seem to have had a better time paying off their credit card debt in July than in previous months, as rates for charge offs dropped.more
- Young Americans upbeat about achieving American Dream
Category: Credit Card News, Credit Crunch News
August 30, 2010
While many young Americans are leaving college with credit card debt and large student loans, a new study has found that they aren't necessarily downcast about their financial situation.more
- Young Bostonians struggle with credit card debt
Category: Credit Card News, Credit Crunch News
August 27, 2010
Many Americans are having trouble with their finances these days, and young people are no different. But a significant portion of Generation Y consumers in Boston have reported that they are particularly vexed by their outstanding debt.more
- Americans closing out more credit card accounts
Category: Credit Card News, Credit Crunch News
August 18, 2010
Over the last several quarters, Americans have been more successful in paying off their outstanding debts. But rather than take on more, they're simply closing their credit card accounts.more
- Number of new credit cards has dropped
Category: Credit Card News, Credit Crunch News
August 9, 2010
The recession that has gripped the country for the last two years has had a profound effect on the way consumers obtain and use their credit card accounts.more
- Credit card delinquencies and charge offs fell in June
Category: Credit Card News, Credit Crunch News
July 27, 2010
Earlier this month, most major credit card companies reported that their internal figures showed a drop in both delinquency and charge off rates. Now Moody's latest Credit Card Indices have provided an industry-wide figure.more
- ADS writes off less credit card debt in second quarter
Category: Credit Card News, Credit Crunch News
July 19, 2010
In recent months, many credit card issuers have increased the rate at which they write off credit card debt as being uncollectable, but one company is bucking that trend.more
- Capital One's June charge offs and delinquencies show slight decline
Category: Capital One Credit Card News, Credit Crunch News
July 16, 2010
While many other credit card companies are reporting lower delinquency rates because the rate at which they write off debts as uncollectable increases, one major lender is reporting drops in both.more
- Financial reform bill will help those with credit card debt
Category: Credit Card Legislation News, Credit Crunch News
July 16, 2010
Many consumers that have been drowning in credit card debt might finally have some hope that they will be able to get help with their problems.more
- Uncollectable credit card debt part of the reason for increased rates
Category: Credit Card Legislation News, Credit Crunch News
July 15, 2010
Despite what many consumers may have expected when the Credit Card Accountability, Responsibility and Disclosure Act was passed last year, lenders have actually been able to increase interest rates considerably over the last 12 months.more
- Despite numbers, credit card debt hasn't improved
Category: Credit Card News, Credit Crunch News, Economy News
July 9, 2010
Many consumers may have been encouraged by the latest figures released by the Federal Reserve Board and American Bankers Association regarding credit card debt. The Fed said the total debt Americans owe has declined in 18 of the last 20 months, and the ABA said credit card delinquencies are dropping as well.more
- More Americans paying off credit card debt
Category: Credit Card News, Credit Crunch News
July 7, 2010
The recent upswing in the economy has led to some good news for consumers: They can finally begin to pay off their delinquent credit card debt.more
- FICO scores aren't the only sign of a good borrower
Category: Credit Crunch News
June 23, 2010
Consumers are more likely to make on-time payments if they have multiple accounts with the same financial institution.more
- Lawmakers make credit agencies liable for misleading investors
Category: Credit Card Legislation News, Credit Crunch News
June 18, 2010
From now on, credit rating agencies that either knowingly or recklessly mislead their investors could be sued.more
- Residents of Seattle metro area post highest average debt amount
Category: Credit Crunch News, Economy News
May 19, 2010
On average, consumers in Seattle owed more than $26,000 in March, Experian reported recently.more
- Number of properties in foreclosure process drops in April
Category: Credit Crunch News, Economy News
May 18, 2010
RealtyTrac reported that April saw foreclosure filings fall 9 percent from levels seen in March, although bank repossessions increased.more
- Despite decline, bankruptcy filings up year-to-year
Category: Credit Crunch News, Economy News
May 15, 2010
Bankruptcies are up 17 percent over 2009, the NBRC reports.more
- Debt settlement legislation close to becoming law
Category: Credit Card Legislation News, Credit Crunch News
May 15, 2010
If a new law takes effect in Illinois, companies offering debt settlement would not be able to collect fees until they deliver their services.more
- Synovate: Credit card offers increased in first quarter
Category: Capital One Credit Card News, Credit Crunch News
May 13, 2010
Direct mailings for credit card offers rose in the first quarter.more
- Although confidence improves, most consumers still feeling negative
Category: Credit Crunch News, Economy News
May 12, 2010
Consumer Reports noted that its Sentiment Index increased to 44.6 in May.more
- Debt on credit cards maintains decline in March, Fed says
Category: Credit Crunch News, Economy News
May 11, 2010
The Federal Reserve System recently reported that the amount of credit card debt fell at an annual rate of 4.5 percent in March.more
- Consumer credit risk falls, TransUnion says
Category: Credit Crunch News, Economy News
May 7, 2010
TransUnion reported that consumer credit risk declined in the first quarter.more
- Debt settlement subject of BBB-filed complaints during recession
Category: Credit Crunch News
May 7, 2010
The Better Business Bureau is warning consumers about debt settlement, which can come with upfront fees.more
- Being without debt tied to notions of financial success
Category: Credit Crunch News, Economy News
May 4, 2010
A survey from TD Ameritrade showed that 39 percent of respondents tied debt to financial well-being.more
- Fitch: Card defaults, delinquencies drop
Category: Credit Crunch News, Economy News
April 30, 2010
Charge offs and accounts late on payment saw recent declines.more
- GAO report shows debt settlement companies could pose danger
Category: Credit Crunch News
April 29, 2010
The Government Accountability Office recently conducted an investigation into debt settlement companies and found some are taking part in deceptive practices.more
- Card charge offs increase to new high, Moody's reports
Category: Credit Crunch News, Economy News
April 28, 2010
Moody's Investors Services said that credit card charge offs during the first quarter increased to 11.12 percent.more
- First quarter sees Bank of America extend $150 billion in credit
Category: Credit Crunch News, Economy News
April 28, 2010
Through mortgages and other loans, Bank of America made almost $150 billion of credit available in the first quarter.more
- Interest rate reduction promises could be scam
Category: Credit Crunch News, Economy News
April 27, 2010
The Federal Trade Commission is telling consumers to be skeptical of any promises made to lower credit card interest rates.more
- Cap One: Income improves, card delinquencies fall
Category: Capital One Credit Card News, Credit Crunch News, Economy News
April 26, 2010
The first quarter of 2010 was more kind to Capital One Financial Corp., which reported net income of $636.3 million.more
- Unemployment, credit card debt making saving difficult for some
Category: Credit Crunch News, Economy News
April 23, 2010
A poll taken by Harris Interactive for an accounting institute showed that more than half of Americans can't save money.more
- Some consumers can't pay bills on time
Category: Credit Crunch News
April 22, 2010
A recent survey shows almost 30 percent of consumers miss bill payments every month.more
- Dodd calls for financial reform after SEC charges
Category: Credit Card Legislation News, Credit Crunch News, Economy News
April 21, 2010
The Securities and Exchange Commission recently brought charges against Goldman Sachs, leading Chris Dodd to call for further financial reforms.more
- Capital One: Defaults up, delinquencies down
Category: Capital One Credit Card News, Credit Crunch News
April 19, 2010
Although a future indicator of defaults was down, charge offs themselves increased for Capital One in March.more
- Sanders, Cahill present challenges to credit card companies
Category: Credit Card Legislation News, Credit Crunch News
April 17, 2010
While a Vermont senator said he would seek a limit to credit card interest rates, the treasurer of Massachusetts announced he would pull state funds from a number of banks.more
- Debt payment one focus of tax returns
Category: Credit Crunch News, Economy News
April 13, 2010
More than 50 percent of respondents to a survey said they would use their tax refund to pay off bills.more
- Number of delinquent bank cards drops
Category: Credit Crunch News, Economy News
April 9, 2010
The American Bankers Association reported that delinquencies on bank cards were down 0.38 percentage points in the fourth quarter.more
- Debts on credit cards fall in February
Category: Credit Crunch News, Economy News
April 8, 2010
Revolving consumer credit declined at an annual rate of 13.1 percent during the second month of the year.more
- March bankruptcy filings up 35 percent
Category: Credit Crunch News, Economy News
April 6, 2010
The number of bankruptcy filings made in March represented a 35 percent increase over February.more
- Fewer Americans planning on using tax returns on debts
Category: Credit Crunch News, Economy News
April 2, 2010
Although many consumers may still consider using their return to lower debt, more people may use it for a major purchase.more
- Tompor: Debt settlement comes with risks
Category: Credit Repair News, Credit Crunch News, Economy News
April 2, 2010
Debt settlement may end up leaving consumers with a lower credit score.more
- Financial Literacy Month website offers tips for debt payment
Category: Credit Crunch News, Economy News
April 1, 2010
Money Management International has suggested two approaches for dealing with credit card debt.more
- Carrying a balance? Avoid rewards cards
Category: General Rewards Credit Card News, Capital One Credit Card News, Credit Crunch News
March 31, 2010
Cards tied to rewards programs may carry fees or higher rates, so people who carry a balance may want to consider other options.more
- FTC suit leads to man banned from telemarketing
Category: Credit Crunch News, Economy News
March 31, 2010
James Nicholson allegedly offered consumers a credit card product that only worked on purchases from particular sites.more
- Consumer court action against debt collectors, other companies increases
Category: Credit Crunch News, Economy News
March 30, 2010
People are starting to battle back against debt collectors by filing civil suits, a practice that increased in 2009.more
- Options for consumers with high credit card debt
Category: Credit Crunch News
March 30, 2010
Finding additional income or a home equity line of credit could help people pay off their credit card debt.more
- Settling credit card debt could lead to owing tax
Category: Credit Crunch News
March 24, 2010
The IRS considers settled debt as taxable income, which means people could still owe money after striking a deal with credit card lenders.more
- HAMP participants see credit score drop
Category: Credit Score News, Credit Crunch News
March 23, 2010
A government program to help prevent foreclosures is causing some consumers to see their credit scores decrease.more
- Amount tied to auto delinquencies declines in 4Q
Category: Credit Crunch News, Economy News
March 22, 2010
Experian Automotive said that delinquencies on vehicle loans posted slight increases when compared to 2008.more
- Credit Risk Index increases slightly in fourth quarter
Category: Credit Crunch News, Economy News
March 19, 2010
Lenders may be more willing to grant credit if conditions continue to improve.more
- Fed aims to keep interest rates at current target level
Category: Credit Crunch News, Economy News
March 18, 2010
The Federal Open Market Committee will keep the federal funds target rate at between zero and 0.25 percent.more
- Young people increasingly being refused when applying for credit cards
Category: Credit Crunch News
March 15, 2010
Younger people may have a harder time getting credit because they lack a long credit history.more
- Fitch: Charge offs increase, delinquencies decline
Category: Credit Crunch News, Economy News
March 4, 2010
Unemployment tied to recent numbers.more
- Delinquencies on auto loans remain even in 4Q
Category: Credit Crunch News, Economy News
March 2, 2010
Should fall by middle of 2010.more
- Though consumers may consider debt settlement, it could hurt their credit score
Category: Credit Crunch News
March 1, 2010
Programs have people pay off less than they owe.more
- Average amount of credit card debt goes down in fourth quarter
Category: Credit Crunch News, Economy News
February 28, 2010
TransUnion report shows that delinquencies did go up.more
- III notes payment key to maintaining credit history
Category: Credit Report News, Credit Crunch News
February 28, 2010
Monitoring credit reports also important.more
- Moody's: Charge offs increased in January
Category: Credit Crunch News, Economy News
February 24, 2010
Early-stage delinquencies decline.more
- Card for subprime borrowers carries fees
Category: First PREMIER® Bank Credit Card News, Credit Crunch News
February 23, 2010
People have to pay to activate the account.more
- New regulations may push consumers to short-term loans
Category: Credit Card Legislation News, Credit Crunch News
February 23, 2010
Credit CARD Act could make lending to subprime borrowers less attractive.more
- Discover, BoA report delinquency and default rates on credit card accounts
Category: Discover Credit Card News, Credit Card Legislation News, Credit Crunch News
February 19, 2010
Both say defaults declined in January.more
- Cap One reports increase in charge offs for January
Category: Capital One Credit Card News, Credit Crunch News
February 18, 2010
Delinquencies also rise in the month.more
- Credit score improvement among questions being fielded by lending institutions
Category: Credit Score News, Credit Repair News, Credit Crunch News
February 17, 2010
Survey shows some customers want to know how a credit score is determined.more
- Looking for new credit card offers may help in dealing with rate increases
Category: Credit Card Legislation News, Credit Crunch News
February 15, 2010
Lower introductory rates are being offered by some lenders.more
- Credit card offers up at the end of last year
Category: Credit Crunch News, Economy News
February 10, 2010
Fourth quarter sees credit card offers increase.more
- With rule changes coming, consumers continue to pay off credit card debt
Category: Credit Card Legislation News, Credit Crunch News, Economy News
February 8, 2010
Revolving consumer credit dropped 9.5 percent in 2009.more
- Fed: Standards for credit card offers increasing
Category: Credit Crunch News, Economy News
February 3, 2010
Lenders reduce amount of available credit.more
- Olive: Iowans shouldn't have to pay more for insurance when disaster strikes
Category: Credit Score News, Credit Crunch News, Economy News
February 2, 2010
Law would limit the connection between a credit score and insurance.more
- Auto premiums may be affected by credit score
Category: Credit Score News, Credit Crunch News
January 30, 2010
Lower scores could lead to higher rates.more
- Facing fees and increased interest rates, some choose to opt out of credit card accounts
Category: Credit Crunch News
January 29, 2010
Doing so could hurt a credit score.more
- Credit card offers convenience for consumers, fees for merchants
Category: General Rewards Credit Card News, Credit Crunch News
January 28, 2010
Fees are divided between banks and payment networks.more
- Charge offs on credit cards increased in 2009
Category: Credit Crunch News
January 27, 2010
Could peak at 13 percent during this year.more
- Fitch Ratings reports delinquencies, defaults increase in November
Category: Credit Crunch News, Economy News
January 26, 2010
Unemployment tied to credit difficulties.more
- Index shows some consumers experienced rise in credit card interest rates
Category: Credit Crunch News, Economy News
January 26, 2010
Frugality becomes more of a priority for some people.more
- Consumers should be aware of scams involving increased credit card interest rates
Category: Identity Theft News, Credit Crunch News
January 21, 2010
Thieves may try to gain personal information through fake offers.more
- Store-branded credit cards take a hit in latest Fitch Report
Category: Credit Crunch News, Economy News
January 19, 2010
Charge offs increase to 12.56 percent.more
- Attorney in California refuses to pay Bank of America credit card
Category: Credit Crunch News
January 15, 2010
Prepared to sue if credit standing damaged.more
- Amount of credit card debt drops again, Fed reports
Category: Credit Crunch News, Economy News
January 12, 2010
Total on credit cards at $874 billion in November.more
- Fitch: charge offs, late payments rise
Category: Credit Crunch News, Economy News
January 7, 2010
Unemployment cited as cause.more
- NFCC survey shows some have difficulty paying off credit card debt
Category: Credit Crunch News, Economy News
January 5, 2010
While some were late with payments, others missed them altogether.more
- Equifax: Lenders reduce credit card accounts
Category: Credit Crunch News, Economy News
January 1, 2010
Lines of credit have declined by more than $800 billion since July 2008.more
- Moody's: Credit card defaults increase in November
Category: Credit Crunch News, Economy News
December 31, 2009
Delinquencies also rise.more
- High-interest credit card offers intended for people looking for credit repair
Category: Credit Crunch News
December 22, 2009
Card comes with 79.9 percent annual interest rate.more
- Overdraft fees during holidays can be avoided with credit card use
Category: Credit Crunch News
December 15, 2009
Additional protection includes disputing charges.more
- Consumers reacting to changes in credit card accounts
Category: Credit Crunch News
December 14, 2009
Survey respondents indicate they would use credit less.more
- Card companies trying different methods for making money
Category: Credit Crunch News, Economy News
December 11, 2009
Changes to credit accounts tied to impending federal rules.more
- Facing medical expenses, some seniors turn to credit cards to pay bills
Category: Credit Crunch News, Economy News
December 10, 2009
Unexpected medical expenses are tackled by some through using plastic.more
- Average credit score for car loans increases
Category: Credit Score News, Credit Crunch News, Economy News
December 10, 2009
Lenders raising requirements.more
- TransUnion forecasts drop in credit card delinquencies
Category: Credit Crunch News, Economy News
December 8, 2009
Rate should fall for third straight year in 2010.more
- Credit card debt falls during third quarter and October
Category: Credit Crunch News, Economy News
December 7, 2009
Consumers continue to concentrate on trying to pay off debts in what has been a tight lending market.more
- Companies target affluent for credit card offers
Category: Credit Crunch News, Economy News
December 4, 2009
Lenders attempting to limit their risks.more
- Unemployment tied to increase in credit card delinquencies
Category: Credit Crunch News
December 3, 2009
More late payments could lead to future defaults.more
- Mintel reports credit card offers on the rise
Category: Credit Crunch News, Economy News
December 2, 2009
Mailings show 'significant' increase for first time this year.more
- Federal filings for bankruptcy increase
Category: Credit Crunch News, Economy News
November 30, 2009
Both business and personal filings up in fiscal year 2009.more
- Survey indicates credit card use may be down
Category: Credit Crunch News, Economy News
November 30, 2009
Reuters poll shows 26 percent of holiday shoppers used credit.more
- Credit card defaults fall in October
Category: Credit Crunch News, Economy News
November 30, 2009
Accounts that are late on payment see an increase.more
- Shop around when considering credit card offers
Category: General Rewards Credit Card News, Credit Crunch News
November 30, 2009
How a person plans on using a card should influence which one they pick.more
- Have other credit cards lined up if optioning out of old accounts
Category: Credit Crunch News
November 30, 2009
Doing so will keep available credit up, which affects a credit score.more
- Number of delinquent credit cards falls in third quarter
Category: Credit Crunch News
November 24, 2009
Consumers continue to concentrate on paying debts.more
- New legislation presents profitability challenge to credit card issuers
Category: Credit Crunch News
November 12, 2009
High unemployment rates will also make profitability difficult.more
- Banks to tighten lending requirements
Category: Credit Crunch News
November 10, 2009
Some borrowers can expect to see rate changes despite having a prime credit score.more
- Credit report can influence job prospects
Category: Credit Crunch News
November 9, 2009
Employers may ask to see person's credit report when hiring.more
- Consumers continue paying off credit cards
Category: Credit Crunch News
November 6, 2009
The Federal Reserve noted that the amount of revolving consumer credit decreased during September.more
- Credit card offers down in third quarter
Category: Credit Crunch News
November 2, 2009
However, account offers with variable rates saw an increase.more
- Medical debts can affect credit scores
Category: Credit Crunch News
October 27, 2009
Inability to pay off medical expenses can affect a consumer's credit report, which can mean a lowered credit score.more
- HAMP program could hurt a person's credit score
Category: Credit Crunch News
October 22, 2009
Recently, the Obama administration set a goal of getting 500,000 home loan modifications in by November 1.more
- Closing an account an option, but it could affect a credit score
Category: Credit Crunch News
October 20, 2009
As they get credit card offers in the mail, consumers should keep in mind that lenders have tried to raise annual fees in order to make up for new federal rules.more
- Banks Experience a Deluge of Defaults
Category: Credit Crunch News
May 26, 2009
With unemployment rates raising steadily, banks are seeing a similar increase in late payments and defaults. Bad debts will reach records highs. Read credit news at Creditnet.com.more
- Small Businesses Rely Heavily on Credit Cards
Category: Credit Crunch News
May 19, 2009
Surveys show majority of small businesses rely heavily on credit. How badly are small businesses affected by stricter credit regulations?more
- Was the US Recession Caused by Credit Card Companies?
Category: Credit Crunch News
May 18, 2009
Government is putting the blame on credit card companies for the state of the economy, but are they really to blame? Read more at Creditnet.com.more
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