Credit Card Companies Cheat Customers

Obama calls for protections for credit card users

San Jose Mercury News – ‎25 minutes ago‎
By Janet Hook WASHINGTON – Building on populist anger against US financial institutions, President Barack Obama on Thursday called for new federal rules to crack down on credit card companies that jack up interest rates and otherwise take advantage of …
USA Today  – New York Times  – NECN  – MiamiHerald.com

all 1,934 sources » 

Top senators reach a compromise on credit card reform bill

Los Angeles Times – ‎5 hours ago‎
The deal increases the likelihood that the measure, designed to protect consumers from abusive credit card industry practices, will become law.
 
 

Obama Favors Limits on Credit Card Fees

New York Times – ‎14 hours ago‎
By HELENE COOPER WASHINGTON – President Obama on Saturday called on Congress to pass a bill intended to stop credit card companies from imposing certain late fees.
Austin American-Statesman – Wall Street Journal – Reuters – ABC News

A swipe at credit card firms

Philadelphia Inquirer – ‎1 hour ago‎
By Gail marksjarvis If you are drowning in credit card debt and expect Congress to throw you a lifeline, you are going to be disappointed. …        

Troubled Mortgages Hit Record High

Washington Post – Renae Merle – ‎48 minutes ago‎
The proportion of homeowners delinquent on their mortgage or in foreclosure rose to its highest levels in at least four decades, according to industry data released Thursday, despite extensive government efforts to help borrowers and …

New Credit-Card Rules Kick In

BusinessWeek – Jessica Silver-Greenberg – ‎5 hours ago‎
The good news: Cardholders will get more notice about rate increases. The bad news: Rates are already going up By Jessica Silver-Greenberg The first wave of long-awaited reforms to credit-card industry practices began kicking in on Aug. 20.
 
 
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