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Credit Card Bond Sales At Zero, First Time Since 1993 (update1) - Bloomberg
nov. 5 (bloomberg) -- credit card companies were shut out of the market for bonds backed by customer payments in october for the first time in more than 15 years, as investors shunned the debt amid the global credit freeze. a weakening job market and ...
www.bloomberg.com

Credit Card Debt Forgiveness For Some Benefits All
in these extraordinary times, card issuers' plan to erase up to 40% of some customers' debt would also be good for those who pay their bills on time. when i heard last week that banks want to forgive up to 40% of some customers' credit card debt, my first question was, "what's the catch?"
www.latimes.com

How To Get Credit Card Debt Under Control
amarillo -- credit card debt is the no. 1 financial problem we face in america. the average household has $8,000 in credit card debt over several credit cards.
myhighplains.com

Banks, Consumer Advocates Urge U.s. To Allow Credit Card Debt ... - Los Angeles Times
reporting from washington -- with defaults on credit card debt spiraling amid a global financial downturn, banks already reeling from the mortgage crisis are losing billions more from unpaid credit card bills. big banks have formed an unusual ...
www.latimes.com

Deal Sought On Unpaid Credit-card Debt - Azcentral.com
washington - with defaults on credit-card debt spiraling amid a global financial downturn, banks already reeling from the mortgage crisis are losing billions more from unpaid credit-card bills. big banks have formed an unusual alliance with consumer ...
www.azcentral.com

Credit Card Bond Sales At Zero, First Time Since 1993 (update1)
nov. 5 (bloomberg) -- credit card companies were shut out of the market for bonds backed by customer payments in october for the first time in more than 15 years, as investors shunned the debt amid the global credit freeze.
www.bloomberg.com

Forgiveness Proposed For Credit Card Debt
to head off surging credit card defaults, banks and consumer groups are lobbying regulators to make it easier to forgive a portion of struggling consumers' credit card debt.
www.poughkeepsiejournal.com

Banks Address Credit Card Debt - Houston Chronicle
• item no.1 • item no.2 source goes here washington — with defaults on credit card debt spiraling amid a global financial downturn, banks already reeling from the mortgage crisis are losing billions more from unpaid credit card bills. big banks ...
www.chron.com

Banks To Clamp Down On Credit Card Holders - Detroit Free Press
the credit crunch is closing in on credit cards. banks that got burned on bad mortgages are now bracing themselves for billions more in bad debt on credit cards -- so they're trying to cut their losses by cutting off customers. big-name credit card ...
www.freep.com

Banks Asking For Credit Card Debt Forgiveness
washington - with defaults on credit card debt spiraling amid a global financial downturn, banks already reeling from the mortgage crisis are losing billions more from unpaid credit card bills.
www.lohud.com

Confronting Credit Card Debt Head On
"but if it were real money, i'd worry, you know?" a student balancing four slices of pizza and an overflowing froyo used this reasoning to justify his dwindling dining bucks as he left mcelroy last week. when it comes to "real money," however, credit cards are often the eagle-one card of irresponsible spending, treated more like a nebulous source of money than a line to the spender's bank ...
www.bcheights.com

Groups Seek Credit Card Debt Forgiveness - Forbes
an alliance of financial industry interests and consumer advocates on wednesday asked federal regulators to allow lenders to reduce by as much as 40 percent the amount of credit card debt owed by deeply indebted consumers in a special program. as the ...
www.forbes.com

Banks Seek Help To Forgive Some Credit Card Debt - Usa Today
washington — to head off surging credit card defaults, banks and consumer groups are lobbying regulators to make it easier to forgive a portion of struggling consumers' credit card debt. the proposal — and the unusual partnership by two groups ...
www.usatoday.com

Fitch: Credit Card Losses To Continue Into 2009
a growing number of delinquencies could lead to record losses for some credit card companies in 2009, according to a report issued monday by fitch ratings.
biz.yahoo.com

Banks Pitch Program To Forgive Credit Card Debt
with defaults on credit card debt spiraling amid a global financial downturn, banks already reeling from the mortgage crisis are losing billions more from unpaid credit card bills. big banks have formed an unusual alliance with consumer advocates to urge the...
www.sfgate.com

Credit Card Debt Next Bank Problem - The Ledger
washington | with defaults on credit card debt spiraling amid a global financial downturn, banks already reeling from the mortgage crisis are losing billions more from unpaid credit card bills. big banks have formed an unusual alliance with consumer ...
www.theledger.com

Credit Card Debt Reduction Urged - Houston Chronicle
washington — an alliance of financial industry interests and consumer advocates on wednesday asked federal regulators to allow lenders to reduce by as much as 40 percent the amount of credit card debt owed by deeply indebted consumers in a special ...
www.chron.com

Banks, Consumer Advocates Urge U.s. To Allow Credit Card Debt Forgiveness
financial institutions believe they can lose less by forgiving part of the debt than by seeing the consumer walk away entirely. with defaults on credit card debt spiraling amid a global financial downturn, banks already reeling from the mortgage crisis are losing billions more from unpaid credit card bills.
www.latimes.com

Banks To Clamp Down On Credit Card Holders
the credit crunch is closing in on credit cards. banks that got burned on bad mortgages are now bracing themselves for billions more in bad debt on credit cards - so they're trying to cut their losses by cutting off customers.
www.bnd.com

Retailers Offering New Payment Choices - Wall Street Journal
how you pay for holiday purchases this season is just as important as the size of the deal you get. as banks slash consumers' credit card limits and restrict new accounts to those with stellar credit scores, some shoppers will need to look for other ...
online.wsj.com