Capital One credit charge-offs rise in January
Capital One credit charge-offs rise in January
Capital One Financial Corp. said Friday that its U.S. credit card losses rose in January as delinquencies edged higher. The company said in a Securities and Exchange Commission filing that its annual net charge-off rate for U.S. cards rose to 10.41 percent last month from 10.14 percent in December.
Read more on AP via Yahoo! Finance
Categories: credit meld Tags: Capital, chargeoffs, Credit, January, Rise
WATCH: Understanding the New Credit Card Rules
WATCH: Understanding the New Credit Card Rules
Mellody Hobson explains what to look out for with the new credit card laws. Business – Personal Finance – Home – Money Management – Financial services
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Categories: credit meld Tags: card, Credit, rules, Understanding, watch
Bakk’s bill on Haiti tax credit for donations OK’d
Bakk’s bill on Haiti tax credit for donations OK’d
ST. PAUL — A bill passed in the state Senate Tuesday allows Minnesotans to claim charitable donations made for Haitian earthquake relief until March on their 2009 taxes.
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Credit unions seek rule change
Credit unions seek rule change
MEMBERS of the Credit Union Development Association (CUDA) told a Dáil committee yesterday it believes the regulation of credit unions should stay within the framework of the existing Central Bank/Department of Finance structure.
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Sears orders retraining on credit card orders
Sears orders retraining on credit card orders
HOUSTON (AP) – Workers at Sears stores nationwide will be retrained on handling credit card transactions. KHOU-TV reports some station workers recently visited Sears stores in the Houston area and bought items.
Read more on KCEN-TV Temple
Categories: credit meld Tags: card, Credit, orders, retraining, Sears
Fury as credit card rates at 12-year high
Fury as credit card rates at 12-year high
Credit card interest rates have soared to a 12-year high despite historically low Bank of England base rates, it has emerged. Related Stories O’Leary facing libel action from easyJet boss over ad Youth Networking spotlights shared learning
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1 in 10 has given up — or lost — credit cards in past 8 months
1 in 10 has given up — or lost — credit cards in past 8 months
A CreditCards.com poll shows that consumers’ newfound frugality and card issuers’ punitive actions have caused a mass migration away from credit cards.
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White House to answer consumer questions about Credit CARD Act
White House to answer consumer questions about Credit CARD Act
President Barack Obama’s top credit card expert will answer consumers’ questions about the new credit card reform law during a live online town hall meeting scheduled for the day major provisions of …
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Dems push tax credit for rehired workers
Dems push tax credit for rehired workers
DENVER – Democratic lawmakers want to give a tax break to businesses that rehire workers they laid off last year, a move that analysts estimate could speed the rehiring of some 10,000 people.
Read more on The Durango Herald
Swiss Stocks Advance; UBS, Credit Suisse, Swiss Re Lead Gains
Swiss Stocks Advance; UBS, Credit Suisse, Swiss Re Lead Gains
Feb. 16 (Bloomberg) — Stocks in Switzerland rose for a fifth day, with the benchmark Swiss Market Index heading for its longest winning streak in two months, as better-than-expected earnings from Barclays Plc spurred a rally in financial shares.
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