Worst Credit Cards News
Identity theft by loved ones is growing problem (WHAS TV11 Louisville)
Louisville, Ky. (WHAS11) - Most of us have them in our wallet or in our homes: credit cards. Imagine someone stealing your credit card, and charging more than $30,000 dollars on your card and the thief was actually a relative.
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Losses for credit card companies could top $70 billion in 2009 (The Economic Times)
Credit card cos have little to celebrate as many analysts brace for 2009 to be one of the worst years for consumer credit. Guarding credit card | Elastic with plastic
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US credit card cos brace for worst year in '09 (The Economic Times)
US credit card companies have little to celebrate as many analysts brace for 2009 to be one of the worst years on record for consumer credit.
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Banks’ ‘Catatonic Fear’ Means Consumers Don’t Get TARP Relief (Bloomberg via Yahoo! News)
Jan. 5 (Bloomberg) -- As the new owner of $172.5 billion of preferred shares and warrants in 208 U.S. financial institutions, the Treasury Department hasn’t succeeded in thawing frozen credit markets, leaving taxpayers propping up an industry that won’t lend to them.
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Deepening Economic Crisis Closes Out 2008 (New America Media)
For Americans, the last part of the year was a holiday, reserved for parties and gift giving, but many are wondering what’s to celebrate when they are suffering the worst economic crisis in decades.
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