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Entries Tagged as 'recession'

Capital One, Citibank Odd-Companies-Out in Decline of Credit Card Default

September 16th, 2011 · 2 Comments · Credit Cards

While Capital One and Citibank users are increasingly having trouble paying on their balances, Discover, American Express, Chase and Bank of America cardholders are on the right track.

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Fed Report Shows Decline in Credit Card Spending

September 12th, 2011 · No Comments · Credit Cards

The Federal Reserve Consumer Credit Report released on Friday shows revolving credit (i.e., credit card debt) fell in July for the first time in three months.

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Letter Strengthens SEC Probe Into Moody’s Credit Rating Agency

August 22nd, 2011 · No Comments · Mortgages

A letter from a former Moody’s analyst strengthen’s the SEC probe into shady practices alleged against the credit rating agency – practices that, if true, directly contributed to the housing crisis.

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Time for Consumers to Tap the Brakes On Fueling Card Company Profits?

August 4th, 2011 · No Comments · Credit Cards

Time for consumers to tap the brakes on fueling card company profits?

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