Posts tagged: Credit Card

Study Predicts Lower Fees From Overdrafts (ABC News)

Banks are expected to bring in less from overdraft fees in 2010, study says Overdraft - United States - Debit card - Credit card - Coastal

Interest rates fall as 59.9% APR credit card goes away (Fox News)

Interest rates pulled back from record levels this week, although cardholders may not have much reason to cheer.

AdEx Media Announces Plans For Cost Cutting and Restructuring Of Operations Due To Problems Processing Consumer Credit … (PR Newswire via Yahoo! Finance)

AdEx Media, Inc. , a leading performance-driven, online marketing and distribution company, today announced that in connection with current industry-wide pressures by the Credit Card Associations, all of its merchant processing agreements have been terminated rendering the Company temporarily unable to ship or bill consumers for its internal offers.

New Credit Card Rules Take Effect Today (WKBW-TV Buffalo)

The new rules prohibit arbitrary rate increases and empower consumers. EWN will have a consumer credit counselor live in studio to talk new rules at 5:30 p.m.

Credit-card reforms may help many — but also mean new fees (Chicago Tribune)

Revised credit-card rules may be mostly good for consumers, but beware new traps laid by some card companies New pieces of the most-sweeping credit-card reforms on record kick in today, outlawing double-cycle billing, retroactive rate hikes and many other longtime practices of the U.S. card industry.

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