Retailers target banks over credit-card fee (Business Standard India)
The subprime mortgage crisis is giving department and convenience stores and gas stations a new argument in asking Congress for power to negotiate the fees banks charge them to process credit-card transactions.
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UPDATE 3-Credit-card industry may cut $2 trln lines - analyst (The Forex Market)
Dec 1 (Reuters) - The U.S. credit-card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said.
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Tenants can pay for rent using their credit card (Scoop.co.nz)
Press Release: RentExpress allows Tenants to pay for rent using their credit card.
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Discover CEO sees U.S. card write-offs rising (The Forex Market)
CHICAGO, Dec 2 (Reuters) - U.S. credit card write-offs will continue to increase in 2009, tracking roughly with the rising unemployment rate, the top executive at Discover Financial Services said on Tuesday.
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Man arrested for stealing WWII veteran's credit cards (13 News, WVEC Hampton Roads)
CHESAPEAKE - The man who police say broke into the home of a local World War Two veteran and stole his credit card is now behind bars. Brandon Wysong turned himself in to Chesapeake police on Saturday. Wysong allegedly used the credit card at several local stores.
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ANZ card system crashes (The Examiner)
RETAILERS across the country were demanding cash-only sales for three hours yesterday after a computer crash at ANZ rendered them unable to accept credit or debit cards.
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VEAP opening holiday toy store for low-income families (Richfield Sun-Current)
Parents strapped for cash this holiday season can get Christmas gifts for their children without ringing up the balance on their credit card. Parents can select three gifts per child from Volunteers Enlisted to Assist People (VEAP) in Bloomington through its annual Holiday Toy Program.
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UK to tackle consumers' high credit card debt (AP via Yahoo! Finance)
The British government has moved to try to soften the impact of the county's soaring individual credit card debt by giving struggling borrowers a little extra breathing room.
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Credit unions have money to lend, are easy to join (The Columbus Dispatch)
Brett Shearer knew nothing about credit unions when he started working at the Ohio Department of Transportation.
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Scrip Program offers gift cards for holidays (Medfield Press)
What is Scrip? Scrip is an old-fashioned term for “substitute money”. What it means to you today is the ease of one stop shopping for gift cards. You purchase the gift card from the Scrip Program, a certain percentage goes to the schools and you use the gift card to make a purchase or give as a gift.
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