Credit cards
Credit cards
- PSO content
Thieves know: there's money in credit cards.
May 30 - PSO content
Consumers are being more cautious in their use of credit cards — accounts are growing, and overall their balances are down 28% from their peak in January 2009, according to a report from Equifax.
May 29 - PSO content
U.S. credit card charge-offs ticked up in April, but Moody's Investors Service experts say it is merely an aberration in the general downward trend.
May 23 - PSO content
ORLANDO – Credit and debit sales volumes have been crisscrossing over the past 17 months, but without an obvious explanation.
May 14 - PSO content
China's credit card purchase volume surged by nearly 50% last year as more online merchants began accepting credit cards, but fraud is also on the rise.
May 14 - PSO content
The Russian credit card market grew to 422.9 billion rubles (US $13.4 billion) in receivables in the first quarter of this year, up 79% from 235.8 million rubles during the same period last year, with more than 14.5 million credit cards in circulation, according to a new research report released late last month by Russia’s Tinkoff Credit Systems bank.
May 10 - PSO content
Consumer borrowing surged in March by the most in more than a decade thanks to growing demand for student loans and autos.
May 8 - PSO content
Cross-border spending and a healthier U.S. credit card market helped boost Visa Inc.’s fiscal second-quarter earnings, the card brand announced Wednesday.
May 3 - PSO content
WASHINGTON–When the Consumer Financial Protection Bureau recently announced it planned to scale back proposed limits on credit card fees, consumer groups and some in the media immediately criticized it.
May 1 - PSO content
WASHINGTON – The Consumer Financial Protection Bureau is seeking input for a study that could pave the way for new limits on consumer arbitration clauses.
April 26 -
One of the nation's largest medical collection agencies allegedly placed employees in emergency rooms, cancer wards and delivery rooms to extract payments from patients before they were seen by medical staff, according to a report released Tuesday by Minnesota Attorney General Lori Swanson's office.
April 24 - PSO content
Can card issuers heave a sigh of relief that consumers are returning to pre-recession spending patterns on credit and debit cards?
April 23 - PSO content
Benefitting from higher cardholder spending and low loss rates, American Express Co. posted record profits for the first quarter.
April 19 - PSO content
The state of Hawaii has sued seven major credit card issuers over the marketing of credit card insurance-like products, known as payment-protection plans.
April 17 - PSO content
By backing off a plan to limit large up-front fees banks can charge on credit cards, the Consumer Financial Protection Bureau feels it has protected cardholders from other increased costs, the Associated Press reported last week.
April 17 - PSO content
A higher provision for credit losses driven by a lower reduction in the allowance for loan losses from a year earlier caused a drop in first-quarter profit for the Card Services and Auto unit of JPMorgan Chase & Co., the issuer announced Friday.
April 16 - PSO content
The credit card industry is slowly turning a corner.
April 11 - PSO content
Consumer credit card balances fell for the second straight month, according to data released Friday by the Federal Reserve.
April 9 - PSO content
Consumers are increasingly paying down their debts, according to the American Bankers Association.
April 9 - PSO content
Loan originations continue to grow in several categories, especially to subprime credit card customers, new data show.
April 4


