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Bill would allow return to lower credit-card rates (AP)Date: Tue, 12. May 2009 01:41:27
AP - Consumers who are paying more in interest because they have fallen behind on their credit-card bills could regain their older, lower rates if they pay their bills on time for six months, under a compromise proposal reached by senators seeking changes in laws governing the credit card industry.
Bill would allow return to lower credit-card rates (AP)Date: Tue, 12. May 2009 01:41:27
AP - Consumers who are paying more in interest because they have fallen behind on their credit-card bills could regain their older, lower rates if they pay their bills on time for six months, under a compromise proposal reached by senators seeking changes in laws governing the credit card industry.
J.D. Gordon Trading Announces the Online Launch of its Newly Branded Website MyGoldPrice.com forDate: Tue, 6. April 2010 03:54:41
Jeffrey D. Gordon Trading announces the official online launch of its new gold trading website, MyGoldPrice.com. With international offices in Milano, Italy, and Frankfurt, Germany, MyGoldPrice.com has been professionally branded for the retail investor in almost any country, be it the United States or the United Kingdom, to have access to information and trading platforms dealing in gold futures contracts not typically available through their brokerage accounts. (PRWeb Apr 2, 2010)
Read the full story at http://www.prweb.com/releases/2010/04/prweb3817294.htm
New Credit Card Rules Take Effect This WeekDate: Fri, 19. March 2010 15:26:47
pAs you've probably heard, Monday was the first day under the new credit card rules outlined by the CARD Act. These rules have a far-reaching impact that will affect almost every consumer. Some of the biggest changes have to do with over limit fees and interest rate increases. These were two methods that credit card companies used to generate billions in revenue each year./p
pHave you ever wondered why there's a credit limit on your card if you're able to still make a purchase that puts you over the limit? For the most part, it was so credit card companies could stick you with a $35 or higher over the limit fee. Granted, you shouldn't go over your limit anyway since that can severely impact your a title=credit score href=http://financialplan.about.com/od/creditdebtmanagement/a/FICO-Credit-Score.htmcredit score/a, but the fact that they allowed you to go over your limit and then charge you a fee to do so was a sore spot for many people. Now, that has all changed. The ability to spend above and beyond your credit limit is now an opt-in feature, so if you want to be able to charge more than your limit (which I don't recommend) you have to call your card company and request it./p
pNot only was the over the limit fee a costly mistake for people, but the dirty trick of raising interest rates without warning and even applying it to your existing balance was even worse. Instead of just costing you a one-time fee for maybe $35 the increased interest could literally cost you hundreds or thousands of dollars. Thankfully, this is another rule that has changed to benefit consumers. Now credit card companies cannot raise the rate on existing balances. So, if you have a $2,000 balance that you acquired while your interest rate was 12% and your card company wants to increase your interest rate to 25% that new rate will only apply to new purchases, not your existing $2,000 balance./p
pFor details on the rest of the changes and how they will affect you be sure to a href=http://clk.about.com/?zi=1/1hc#038;zu=http://credit.about.com/od/consumercreditlaws/ss/Credit-CARD-Accountability-Responsibility-Disclosure-Act-2009.htmcheck out the detailed guide outlining the CARD Act/a./pp style="background:#f5f3ef;border:1px solid #d5d0bf;clear:both;padding:.5em;"a href="http://clk.about.com/?zi=1/1hc#038;zu=http://financialplan.about.com/b/2010/02/23/new-credit-card-rules-take-effect-this-week.htm"New Credit Card Rules Take Effect This Week/a originally appeared on a href="http://clk.about.com/?zi=1/1hc#038;zu=http://financialplan.about.com/"About.com Financial Planning/a on Tuesday, February 23rd, 2010 at 11:51:47./ppa href="http://clk.about.com/?zi=1/1hc#038;zu=http://financialplan.about.com/b/2010/02/23/new-credit-card-rules-take-effect-this-week.htm"Permalink/a | a href="http://clk.about.com/?zi=1/1hc#038;zu=http://financialplan.about.com/b/2010/02/23/new-credit-card-rules-take-effect-this-week.htm#gB3"Comment/a | a href="http://financialplan.about.com/gi/pages/shareurl.htm?PG=http://financialplan.about.com/b/2010/02/23/new-credit-card-rules-take-effect-this-week.htm#038;zItl=New Credit Card Rules Take Effect This Week"Email this/a/p
Business Credit Card Source Launches Website, Providing Comprehensive Credit Card Information ExDate: Thu, 16. April 2009 04:45:53
Business Credit Card Source, in answer to the tightening of credit markets worldwide, unveiled www.businesscreditcardsource.com, a site which offers comprehensive, unbiased news and information on every business credit card available online, simplifying the search for business credit for entrepreneurs and small business owners. Unlike other credit card sites which adopt a one-size-fits-all approach by featuring a variety of consumer cards and only some business credit cards, businesscreditcardsource.com focuses solely on credit card offers relevant to small businesses. The site also provides small business focused articles, tips, FAQs, links to breaking news stories and a blog to help users make informed decisions about their business credit and to help them stay abreast of the current and ever changing situation in the credit markets. (PRWEB Apr 14, 2009)
Read the full story at http://www.emediawire.com/releases/applyonline/businesscreditcards/prweb2312834.htm
Wall Street takes a dive after mixed dataDate: Thu, 16. October 2008 15:05:39
Wall Street remained tense Thursday, extending its huge slide as investors examined mixed economic and earnings data for clues about the economy.
AmEx rates credit risk by where you live, shopDate: Tue, 7. October 2008 10:42:13
As the global credit crunch reaches beyond Wall Street, some American Express customers are seeing credit limits reduced because of where they live, where they shop and who holds their mortgage.
Fees, Rates Drive Decline in Credit Card Customer SatisfactionDate: Fri, 4. September 2009 14:28:02
Driven by a significant decrease in satisfaction with fees and rates, overall credit card customer satisfaction has declined to a three-year low, according to the J.D. Power and Associates 2009 Credit Card Satisfaction Study released today.
Wall Street soars after strong services sector data (AFP)Date: Tue, 5. October 2010 15:31:10
AFP - US stocks soared on Tuesday after a key index showed the massive US services sector grew more than expected last month, giving trading a strong tailwind ahead of a key jobs report later in the week.
Japan?s Nikkei tumbles in morning tradeDate: Fri, 10. October 2008 02:20:25
Japan?s Nikkei index fell more than 10 percent in early trading following massive losses on Wall Street.
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