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Triangle Business Journal

New Chief at Bank of America Seeks Credit-Card Fix Wall Street Journal s new chief executive takes over next week, one of the first problems he will face is one he's already been grappling withthe bank's credit-card business. … BofA's new CEO faces credit card woes, huge loan lossesEast Bay Business Times Bank of America (NYSE: BAC) CEO Brian Moynihan to Shake-Up Company' Credit …American Banking News Bank of America's New CEO Seeks Credit-Card Fix (BAC, JPM)Benzinga istockAnalyst.com (press release) all 58 news articles »

New Credit Card Regulations in 2010 - Boston Globe

Washington Post

New Credit Card Regulations in 2010 Boston Globe The Credit Card Accountability, Responsibility and Disclosure Act, which you have likely heard at least a little about, goes into effect in February of 2010 … US exported its aggressive credit card fees worldwideUSA Today New Credit Card Limits: Will Consumers Feel the Heat from Rate Caps?CardRatings.com (blog) New credit rules could make for a happier 2010 for consumersWashington Post TIME (blog) -Water Technology Online -CardSmart.co.uk all 186 news articles »

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DUBAI - Royal Bank of Scotland (RBS) will become the first bank in the UAE to introduce a monthly maintenance fee on its credit cards, while other banks may consider a similar move in future.

U.S. Credit Card Charge-Offs, Delinquencies Rise in November (Bloomberg)

Dec. 29 (Bloomberg) — November charge-offs on U.S. credit cards rose about half a percentage point to 10.56 percent, Moodys Investors Service said in a news release. The delinquency rate for November rose to 6.2 percent.

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Your card rates are growing, and it may not be your credit that’s the problem. It may be the bank’s.

Moody’s report shows consumers fall further behind on credit card payments in November (Minneapolis-St. Paul Star Tribune)

NEW YORK - More U.S. credit card users fell further behind on their payments in November, Moody’s Investor’s Services said Tuesday. The charge-off rate on U.S. credit cards, as measured by Moody’s Credit Card Index, rose to 10.56 percent last month after falling for the two previous months.

Credit cards described as public enemy number one (Irish Examiner)

USERS have been warned to be aware of hidden fees when it comes to choosing a credit card described by a consumer expert as public enemy number one.

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creditfyi.com

New credit rules could make for a happier 2010 for consumers Washington Post If not, here's a roundup of some key rule changes that you need to keep an eye on in 2010: — Credit cards. This is the biggie. … Navigating Incoming Credit Card RulesCBS News Credit Cards Find New Ways to Gouge CustomersAmerican Banking News Credit card companies look for new ways to charge peopleWWMT CreditCards.com -PR Newswire (press release) -Wall Street Journal all 160 news articles »

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USERS have been warned to be aware of hidden fees when it comes to choosing a credit card described by a consumer expert as public enemy number one.

1. Credit card holders have to pay service tax or use points (The Star)

PETALING JAYA: Many banks in Malaysia are strategising to help customers pay the government service tax on credit cards effective Jan 1, 2010.

Business : RBS to Charge Monthly Fee on Credit Cards (Khaleej Times)

DUBAI - Royal Bank of Scotland (RBS) will become the first bank in the UAE to introduce a monthly maintenance fee on its credit cards, while other banks may consider a similar move in future.

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Reuters

New credit card rules add accountability Los Angeles Times "2010 is going to be the year of accountability," said Adam Levin, chairman and co-founder of Credit.com, a credit-shopping website. "Credit card companies … Consumers rein in creditTulsa World Credit card notices are worth readingDallas Morning News The Credit Guy: Best to avoid being 'upside down' on car loanArizona Daily Star Reuters -Red, White, and Blue Press (blog) -Kankakee Daily Journal all 31 news articles »

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