Browsing Tag
Credit Cards
Elderly amass credit card debt
A Demos study revealed that non-wealthy Americans 65 and up carry, on the average, a debt of $10,235 in 2008. Compared to the last survey's
Retailers losing money from credit card fees
Despite the echoing of the sound financial advice that prescribes keeping just one credit card and ditching the rest, many people are sticking to their
Credit card deliquency rates jump to 11%
Tax refunds and stimulus checks are meant to be used to pay off debt like credit card debt. However, experts now speculate that the checks
Senate passes credit card bill
Many credit card holders complained against the sudden interest rate changes for their credit cards. Credit card companies were sent reeling from the financial crisis
American Express to cut 4,000 more jobs
Financial services company American Express announced Monday that it will cut 4,000 jobs or 6% of their global workforce. The move is part of their
