Critics urge Congress to rein in credit card companies Consumer advocates urged Congress on Thursday to limit the rates and fees that credit card companies can impose, saying the industrys heavy-handed tactics are piling on debt for many Americans.
Dodd promises scrutiny on credit-card industry WASHINGTON (MarketWatch) -- Senate Banking Committee Chairman Christopher Dodd, D-Conn., served warning on the credit-card industry and banks on Thursday theyll come under heightened scrutiny in the months ahead and that they should cease and desist any practices that harm consumers.
Attorney Generals Credit Card Theft Highlights Prosecution Problems Police departments frequently struggle with whether, how, and where to prosecute credit card and ID theft when a victim reports such a crime.
Ahead of the Bell: Credit Cards The U.S. Senate Committee on Banking, Housing and Urban Affairs will conduct a hearing Thursday on the inner workings of the credit card industry.
DBS says Philippine credit upgrade long overdue INVESTMENT bank DBS believes that the Philippines deserves an upgrade in its credit rating.
Credit freeze bill passed out of committee HELENA - Montanans should be allowed to freeze access to their credit reports to block criminals from stealing their identity, a legislative committee decided Thursday in forwarding the bill to the Senate floor. The Senate Business, Labor and Economic ...
Ford Motor Credit Earns $1.3 Billion in 2006* DEARBORN, Mich., Jan. 25 -- Ford Motor Credit Company reported net income of $1,283 million in 2006, down $621 million from earnings of $1,904 million a year earlier.
Credit freeze bill passed out of committee HELENA - Montanans should be allowed to freeze access to their credit reports to block criminals from stealing their identity, a legislative committee decided Thursday in forwarding the bill to the Senate floor.
Analyst: Banks Must Make Credit Card Accounts Useless To Data Thieves Adding one-time password capability to credit and debit cards might prevent incidents similar to the data breach revealed last week by TJX.
Bank of Americas Mildly Deteriorating Credit Quality George Gutowski submits: Bank of America may be whistling through the graveyard when commenting on its credit quality. The press release states: Credit quality remained stable. Consumer credit costs rose in the fourth quarter from the third quarter of 2006 reflecting portfolio seasoning and the trend toward more normalized levels post-bankruptcy reform.
