issuers

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Latest blogosphere posts tagged “issuers”

  • Fed Survey Confirms Credit Card Issuers Raising Rates and Cutting Limits


    Woman TribuneAuthority Authority: 477
    This is a guest post by Bill Hardekopf, CEO of LowCards.com . A Federal Reserve survey [PDF] released two days ago showed that a substantial number of credit card issuers have cut credit limits, increased interest rates and raised the minimum credit scores required for a credit card during the past three months. ...
    2 days ago
  • Banks Raising Credit Card Interest Rates Ahead of New Credit Card Rules


    MonitorBankRates.comAuthority Authority: 428
    Banks and credit card issuers have been raising credit card interest rates before the new credit card rules take effect next year drawing the ire of law makers.The Senate Banking Committee chairman, Christopher Dodd, D-CT, is pushing legislation that would freeze credit card interest rates on existing credit card ...
    3 days ago
  • CBEC proposed to launch third party information system (TPIS) to tackle service tax evasion


    LEGAL & FINANCIAL UPDATES FROM TAX GURUAuthority Authority: 445
    Last Year, The CBEC, had planned a Third Party Information System (TPIS), a third party information model for excise duty. Now CBEC requires to reproduce the trials with service tax. As per board, it is a very effective and non-intrusive set up to... [[ This is a content summary only. Visit my website for full ...
    4 days ago
  • Squeezing Credit Card Consumers


    Payments News - from Glenbrook PartnersAuthority Authority: 441
    In an article titled " A Squeeze on Customers Ahead of New Rules ", Andrew Martin and Lowell Bergman write for the New York Times about credit card issuer actions to increase interest rates and cut credit lines ahead of new rules on credit card issuers scheduled to take effect in February.
    4 days ago
  • Credit Card Companies Offer Personal Finance Tools


    Credit and Personal Finance Blog | Credit KarmaAuthority Authority: 514
    Personal finance management tools aren’t new; sites like Moneystrands and Quicken Online have been around for years. These sites specialize in helping stressed-out consumers and overwhelmed spenders keep track of their money. Now, credit card issuers are countering bad publicity by becoming more and more ...
    1 week ago
  • Tips for Buying and Using Gift Cards


    Woman TribuneAuthority Authority: 477
    This is a guest post by Bill Hardekopf, CEO of LowCards.com . We are entering the holiday gift card season. While new studies show gift cards are the most popular presents to give and receive, the hidden costs may outweigh the convenience of the gift. It is important for consumers to give and use their cards ...
    1 week ago
  • Dodd Proposes a Freeze on Credit Card Rates


    Woman TribuneAuthority Authority: 477
    This is a guest post by Bill Hardekopf, CEO of LowCards.com . Senate Banking Committee Chairman Chris Dodd recently introduced new legislation that would immediately freeze credit card rates on existing balances through February of 2010. Dodd felt this bill would prevent issuers from further interest rate hikes that ...
    1 week ago
  • Credit Cards – What You Should Know Before Applying


    BusinessXtrasAuthority Authority: 141
    Among the disadvantages of present time is that masses tend to acquire so a lot things they do not actually need. Several gadgets and services occurred aiming at a huge market of consumers and this emergence of assorted inventions somehow blinded people.
    2 weeks ago
  • What You Need To Know to Apply for a Credit Card


    IENACEAuthority Authority: 141
    One of the disadvantages of modern times is that people tend to acquire so many things they don’t really need. Numerous gadgets and services occurred targeting a vast market of consumers and this emergence of various inventions somehow blinded people. Since finances—especially money—is one of the major concerns ...
    2 weeks ago
  • Banks won’t change til they have to


    Get Credit CardsAuthority Authority: 156
    A new report says even though new laws are coming soon, credit card companies are nowhere close to complying with the stricter regulations. In fact, the Pew Charitable Trusts found that 100% of the cards it investigated would be illegal under the new requirements: “Since passage of the Credit CARD Act, we found that ...
    2 weeks ago
  • Pew Report Finds Deceptive Credit Card Practices Remain Widespread


    Payments News - from Glenbrook PartnersAuthority Authority: 441
    One hundred percent of credit cards offered online by the leading bank card issuers continue to include practices that will be outlawed once legislation passed in May takes effect next year, according to a new report by the Pew Health Group’s Safe Credit Cards Project titled " Still Waiting: ‘Unfair or ...
    2 weeks ago
  • Dodd Proposes Credit Card Rate Freeze AFTER Rates Hit 29%


    Get Credit CardsAuthority Authority: 156
    Bill Hardekopf, CEO of Lowcards.com , emails us with his latest on news that Chris Dodd would propoze a rate freeze on credit cards. This comes after Citigroup and others went crazy hiking rates: Kardekopf: Today, Senate Banking Committee Chairman Chris Dodd introduced new legislation that would immediately freeze ...
    2 weeks ago
  • Visa Sees Profits Threatened By Proposed Interchange Fee Legislations


    Get Credit CardsAuthority Authority: 156
    Interchange fees are now one of the hot issues in the credit card industry. Merchants are doing their utmost to forward their efforts of having interchange fees regulated by law. Visa Inc, one of the major credit card issuers has found itself on the spot to fight off these efforts and preserve the particularly ...
    2 weeks ago
  • Accelerating Credit CARD Act Effective Dates


    Payments News - from Glenbrook PartnersAuthority Authority: 441
    In an editorial titled " Credit Card Chicanery ", the New York Times continues its editorial efforts to get Congress to accelerate the effective dates for the Credit Card Accountability, Responsibility and Disclosure Act - writing that "it is time that Congress looked out less for the credit card companies and more ...
    3 weeks ago
  • Important News - Oct. 22 update 1


    InvestmentWatchAuthority Authority: 450
    1) More currency (dollar) interventions by Hong Kong , 2) Commercial Real Estate Bust Looms Owners of shopping malls, hotels, office space and apartment buildings — and the bankers who financed them — face a major crunch 3) US taxpayer ‘will not benefit’ from bank bailouts (related) FDIC seeks ...
    3 weeks ago
  • Wells Fargo Plastic: Protecting Its Consumers or Its Stockholders?


    Get Credit CardsAuthority Authority: 156
    Certain economic factors, like unemployment and credit card default rates, are intertwined. So, it’s absolutely natural that in an economic climate where experts are predicting a 10+% unemployment rate before the end of the year, credit card companies will have to change the way they do business in order to remain ...
    3 weeks ago
  • Credit Card Agreement Changes? Negotiate Or Change Issuers


    Get Credit CardsAuthority Authority: 156
    As the economic downturn continues, many credit card holders are finding out that their credit cards are becoming additional burdens instead of conveniences. Credit card companies are also getting hit hard by the economic slow down and, as a result, they have become more conservative with credit, preferring to reserve ...
    3 weeks ago
  • Credit Cards for Bad Credit


    BusinessXtrasAuthority Authority: 141
    One of the realities faced by many individuals today is dealing with bad credit situations. More often than not, people tend to spend more than they have on account - for whatever reason. If youre in this situation there are entities offering bad credit credit cards that can perhaps help you out of a tight, here and ...
    3 weeks ago
  • Secret cash advances worry wife


    Money employment & careers - money-employment.marc8.comAuthority Authority: 148
    If spouses have separate credit card accounts, should they be accountable to each other? Also: How card issuers view cash advances.
    3 weeks ago
  • Credit Card Tricks


    Payments News - from Glenbrook PartnersAuthority Authority: 441
    In todays editorial titled " Last-Minute Credit Card Tricks ", the New York Times takes credit card issuers to task for "driving already outrageous interest rates still higher and imposing fees that are pushing struggling families further into debt." The editorial urges passage of pending legislation that would ...
    4 weeks ago

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