Credit Card Headlines
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House panel backs curbs on credit card practices
07/31/08, Reuters
Legislation aimed at curbing credit card billing practices that surprise borrowers with unexpected interest rate increases and fees was approved on Thursday by a U.S. House of Representatives committee.
New misery in fine print for users of credit cards
07/27/08, SILive.com
When it comes to credit-card fees, the devil is the detailed disclosure statement. And that devil is rearing his head much more often.
Bills limit student credit cards
07/23/08, Columbus Dispatch
Among a flurry of bills designed to rein in credit-card companies is a proposal that would make it harder for college students to qualify.
Credit cards are not helping the nation
07/23/08, HoumaToday.com
There was an eye-opening article in the newspaper recently, and boy, did it open these eyes. It was a discussion about credit-card debt. It seems like a lot of people are going under because of credit-card debt. The interest rate on that kind of loan is outrageous. I’m not saying credit-card use is bad.
Credit card debt on campus
07/14/08, CNNMoney.com
Been turned down for a credit card lately? Probably not if you're a teenager with no job and no credit history.
Creditors Garnishing Protected Funds
07/13/08, Washington Post
The reports just keep coming that consumers are still having difficulty paying their debts.
How rising home values, easy credit put your finances at risk
06/18/08, USA Today
During the housing boom, from mid-2001 to early 2006, banks raised card limits at a blistering pace across the nation, in part because of a surge in home equity, much of it now vanished. As home prices ballooned, banks also plied customers with a record number of offers to open new card accounts. Then they guided card borrowers to pay off card balances with artificially inflated home equity, putting their homes at risk.