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Bank of America Sees Record Credit Card Losses (New York Times)
Bank of America Chief Executive Kenneth Lewis said on Tuesday the U.S. economy will get worse before it improves, and forecast record losses for the U.S. credit card industry.
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Credit card racket busted, 3 arrested (The Times of India)
Mumbai: The Andheri police has busted a credit card racket and arrested three persons. The move came after an official of HDFC Bank approached the police to investigate a credit card fraud.
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New Zealand credit card billings fall in Oct - RBNZ (Reuters via Yahoo! Malaysia News)
WELLINGTON, Nov 21 (Reuters) - Credit card billings in New Zealand fell in October, backing views consumer spending remains under pressure, central bank data showed on Friday.
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(AFX UK Focus) 2008-11-21 02:37 New Zealand credit card billings fall in Oct - RBNZ (Interactive Investor)
WELLINGTON, Nov 21 (Reuters) - Credit card billings in New Zealand fell in October, backing views consumer spending remains under pressure, central bank data showed on Friday. The Reserve Bank of New Zealand said total billings fell a seasonally adjusted 1.1 percent last month, following a revised 0.9 percent rise in September. Billings were up a seasonally adjusted 1.1 percent on a year ago, ...
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Credit card spending up, RBA figures show (The West Australian)
The total value of credit and charge card transactions, including advances, rose in September, figures from the Reserve Bank of Australia show. Australians spent $19.191 billion on their credit and c
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Credit card spending up $1b: RBA (Australian Broadcasting Corporation)
Figures from the Reserve Bank show that credit card use rose in September.
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Letter carrier pleads guilty to stealing mail, credit cards (Humble Observer)
Protecting bank accounts online and shredding credit card statements may no longer be enough when the danger of identity theft threatens from so many directions and, as some Cypress area residents experienced, even some mail carriers abuse the public’s trust.
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Aussies borrowing wisely, says credit card company (The West Australian)
One of the world's biggest credit card companies says Australians are borrowing wisely. But other analysts say personal debt repayments are rising sharply because retailers are struggling to sell int
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New Zealand Oct. Credit Card Spending Growth Eases - RBNZ (Nasdaq)
(RTTNews) - Friday, the Reserve Bank of New Zealand said total card billing in New Zealand rose 1.1% annually in October, down from 2.4% growth in September. On a monthly basis, amount financed on cards dropped 1.1%, reversing an increase of 0.9% in the prior month.
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Credit-card users face higher fees, rates (The Charleston Gazette)
The Federal Reserve has slashed its benchmark rate to 1 percent, yet many people are getting hit with higher rates and fees on their credit cards.Normally, when the Fed cuts rates, credit-card issuers follow suit, resulting in lower monthly payments for ca...
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