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Why banks are boosting credit card interest rates and fees (USA Today) (small business credit card) |
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Written by Webmaster
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Tuesday, 11 November 2008 |
More info...
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.
Tax employees abusing government credit cards, report says (The Globe and Mail)
Probe finds credit cards used for flowers, retirement gifts and charitable donations
Woman stealing credit cards from businesses isn't an elf (Dayton Daily News)
The Vandalia police department is looking for a female suspect who decided to do a little early Christmas shopping with somebody else's credit cards.
State police accused of abusing gas credit cards (WBZ News Radio Boston)
A state police spokesman says 10 former and current troopers are under investigation following a department audit into the use of gas credit cards. Spokesman David Procopio tells the Boston Herald the department investigated the use of 2,150 gas cards to ensure they were being used appropriately. He says 10 warranted a closer look.
Techie Visa Card Features Buttons and Screen to Generate CCV Dynamically Credit Cards
(Gizmodo)
newVideoPlayer("/sczenario1visa_giz.flv", 494, 300,""); In the interest of thwarting credit card theft, Visa is testing some pretty interesting card technology with a handful of European banks. Using...
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Last Updated ( Tuesday, 11 November 2008 )
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