Tag Archive [Credit Crunch]

Posts Tagged ‘Credit Crunch’

The Skinny on Credit Cards »

Posted April 27th, 2009 by admin in category Uncategorized

Credit cards are in the news of late.  Defaults and charge-offs (when card company treats debt as uncollectible) are at record highs.  Card companies are responding by raising interest rates, cutting limits and increasing fees.  Politicians are responding to that by drafting legislation to keep the card companies in check.  Card companies

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Changes Brewing for Credit Cards »

Posted February 9th, 2009 by admin in category Uncategorized

Americans have a love-hate relationship with credit cards. On the one hand, it is hard to argue with the amazing convenience of this little piece of plastic. In fact today there are almost a billion active credit cards in the United States -- more than 2 cards for every man, woman and child in the country. The problem is that at times credit

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