Two studies released in the past week or so paint different pictures about credit risk, lenders and consumers. A FICO survey done by the Professional Risk Managers’ International Association showed that 59 percent of lenders are still concerned about credit card delinquencies. A Moody’s study released this week found that credit card charge-offs were down
Beginning June 1, the Travelocity Rewards American Express card, issued by Barclaycard US, will be open for business. We’ve already completed our credit card rewards survey — which will be published on June 7 — so this card won’t make it. But its features are worth pointing out. First, it has a $39 annual fee. If
Citi Cards and Citibank customers who choose paperless statements have a chance to win one of six $5,000 prizes by enrolling before July 10, 2010.
According to radaronline.com, Lindsay Lohan has more than $600,000 in credit card debt at age 23. Let’s see, that’s more than $26,000 a year in debt for each year of her life.
Several weeks ago my colleague Leslie McFadden wrote about small-business credit cards not being covered by the CARD Act. Yesterday Bank of America announced that it is going to extend some protections to its small-business credit card holders.