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Credit cards, credit crunch (The Morning Call)
Consumers feel pinch as issuers 'go on the defense' Consumers are not just having a tougher time obtaining auto loans and mortgages. The credit crunch and weak economy also are taking a toll on credit cards.
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Some Consumers See Credit Cards Canceled (NPR)
As the credit crunch threatens businesses, some consumers are being hit directly in the wallet. In addition to canceled cards, consumer advocates say people are seeing their limits reduced and their interest rates jump.
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Credit crisis could affect your cards (Akron Beacon Journal)
As the availability of credit tightens nationally, the next hit could be the limit on your credit card. That's especially possible if you tend to carry a high balance that's close to the credit limit, pay only the minimum on your balances, make late payments or have a low-to-moderate credit rating, said consumer experts.
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Tighter credit card limits add to woes (Miami Herald)
Maria Osorio, 62, of Sunrise, never meant to run up her credit cards the way she did. But the companies sent them so freely. And they were so easy to use. First it was gifts and big items. Then it was gasoline, and that tasty baked chicken at the Golden Corral restaurant, then even groceries.
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Online payment options may "knockout" credit cards (ITBusiness.ca)
Online payment methods such as PayPal have gained in popularity over the past three years and have enough momentum to continue to steal market-share away from credit cards to the tune of hundreds of millions of dollars, according to new research.
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Todd Ossenfort: Even if you can qualify, don't add credit debt now (Arizona Daily Star)
Q Lately there has been much talk of potential seizing of the credit market. Could you advise whether it is more difficult today for businesses or individuals to get new credit cards or balance transfers?
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MSU, bank credit card partnership under fire (Lansing State Journal)
For more than 14 years, Michigan State University has given credit card companies the addresses and phone numbers of its students, faculty, staff and alumni as part of agreements granting those banks exclusive rights to market MSU-branded credit cards.
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Merriam police need help identifying man in use of stolen credit cards (The Kansas City Star)
Merriam police are asking for help in identifying a man who is using stolen credit cards. The credit cards, used in the area of 75th Street and Troost Avenue by the man in the picture, came from a wallet stolen in Merriam last month, police said. Anyone with information can call Merriam police at 913-322-5568 or the TIPS hotline at 816-474-8477.
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Credit cards used for illicit fill-ups (The News & Observer)
Raleigh police say Dillard Roe Johnson stole gas cards from an engineering company, then hung around gas stations offering motorists fill-ups for $20 a pop.
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Citibank combines metro passes with credit cards in Russia (Banking Business Review)
Citibank Russia, ZAO Express Card and MasterCard have launched a new joint credit card in Moscow, Russia. The bank has said that this new card contains a contact-free chip for travel in Moscows underground rail system and also allows the holder to make purchases in stores and over the internet, to make utilities bills payments, to withdraw cash, and to avail numerous discounts available in Russia.
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