reuters.com - 12/14/2008
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WASHINGTON (Reuters) - The U.S. credit card industry, harshly criticized for imposing surprise fees and interest rate hikes on consumers, may face a day of reckoning on Thursday.. The Federal Reserve is to vote on credit card reforms that may bring some relief to customers who face a variety of ...
news.yahoo.com - 12/14/2008
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Credit card companies about to get burned twice
BloggingStocks —
... Now the federal government is getting ready to issue a bunch of consumer-friendly rules that could cut margins at issuers. According to Reuters, "The Federal Reserve is to vote on credit card reforms that may bring some relief to customers who face a variety of ways for being hit with late fees, universal defaults, shorter payment periods and confusing payment allocations for different balances." ...
Credit card companies about to get burned twice
BloggingStocks —
... Now the federal government is getting ready to issue a bunch of consumer-friendly rules that could cut margins at issuers. According to Reuters, "The Federal Reserve is to vote on credit card reforms that may bring some relief to customers who face a variety of ways for being hit with late fees, universal defaults, shorter payment periods and confusing payment allocations for different balances." ...
Sunday morning links
The Mess That Greenspan Made —
... jobs - MarketWatch German bank bail-out has failed, say MPs - Financial Times Iceland: Cracks in the crust - Economist HOUSING S.F. feels the pain of real estate meltdown - SF Gate A helping hand - Dallas Morning News This may be golden age for first-time home buyers - Seattle Times Local housing market is different than national - Las Vegas Review Journal FED/TREASURY/BANKING Banks and consumers brace for new credit card rules - Reuters Fed regulators shut 2 banks ...
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At ...
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