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Want Lower Credit Card Interest Rates? Just Call (WBAL-TV Baltimore)
Lowering your credit card interest rate might not be as difficult as you think. Some 98 Rock personalities try to get theirs lowered. Read on to see what happens.
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CreditCards.com: Weekly Credit Card Rate Report (Business Wire via Yahoo! Finance)
AUSTIN, Texas----Annual percentage rates for new credit card offers rose this week, according to the CreditCards.com Weekly Credit Card Rate Report. However, that move was due to a change in the composition of cards offered rather than any APR increases by banks.
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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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The 0% Credit Card Of The Year (The Motley Fool)
Laura Starkey recommends you use this card to demolish your credit card debts.
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Credit card interest rates fall 4th-straight week (AP via Yahoo! Finance)
The average annual interest rates charged on popular types of credit cards moved down for the fourth-straight week, according to Bankrate.com.
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Credit card firms raising rates to make up for losses (Pittsburgh Post-Gazette)
If you carry a balance on your credit cards you could be in for a jolt.
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Consumer Reports: Credit Card Debt Caution (WTSP - Tampa Bay's 10 News)
Consumer Reports says some companies are doubling or even tripling their interest rates-and it's not just happening to people with a bad credit rating.
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Fitch: Pressure On UK Credit Card Interest Rates may impact ABS Excess Spread (Nasdaq)
Fitch Ratings-London-14 November 2008: Fitch Ratings says pressure on UK credit card issuers to reduce interest rates, following the recent 1.5% interest rate cut by the Bank of England, will add further stress to the current performance of the asset class because it may lead to reduced levels of yield being achieved by credit card trusts.
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Why banks are boosting credit card interest rates and fees (USA Today)
In recent years, banks have sharply raised interest rates and penalty fees on credit cards. As the economy tanks and banks' mortgage-related losses balloon, some banks are stepping up such increases to boost revenue. Bearing the brunt are consumers for whom a jump in rates and fees can make it tougher to pay their bills at a time when household budgets already are being stretched.
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S&P 500 sinks 6.7% to '97 low (CNN Money)
Wall Street slumped Thursday afternoon and the S&P 500 closed at an 11-1/2 year low as fears of a prolonged recession sparked a massive selloff.
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