Weekly Credit Card News March 2011

• Published: March 31, 2011
• Recent bills were aimed at postponing swipe fee regulations...
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Ambiguity in Credit Card Rules Removed

• Published: March 31, 2011
• The extensive legislative reforms enacted the previous year were aimed at protecting...
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Over 1.3 Million People Apply for A 40% Interest Rate Credit Card

• Published: March 10, 2011
• An astonishing 1.3 million desperate consumers applied for a debated credit card last year...
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Executive from Master Card Labeled U.S. Economic Recovery Erratic

• Published: March 10, 2011
• Although the economic recession may be over for the United Sates, increasing gasoline...
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Master Card Urges Postponement of Processing Fee Rules

• Published: March 10, 2011
• Regulations were enacted last July, aimed to limit the processing fees that merchants have to pay...
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How to Pay off Credit Card Bills Quickly

• Published: March 10, 2011
• Credit cards are extremely convenient and useful part of our daily lives...
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Credit Card Usage Jumps 3.8% in New Zealand

• Published: March 03, 2011
• As of January 2011, the credit card spending seasonally adjusted in New Zealand increased by 3.8%...
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Visa to Unveil Mobile Phone E-Wallet

• Published: March 03, 2011
• According to a recent CNET report, Visa will begin introducing a service that transforms...
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New Credit Card Laws Aims For Transparency

• Published: February 21, 2011
• According to a report released Wednesday, enacted credit card laws helps to make billions of dollars...
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59.9% APR First Premier Bank Credit Card Retired

• Published: February 21, 2011
• First Premier Bank has recently removed its 59.9% APR MasterCard from its credit card offerings...
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JPMorgan and Supreme Court Rulings

• Published: February 07, 2011
• In a unanimous Supreme Court ruling, justices overturned a verdict by a United...
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Credit Card Interest Rates Labeled Morally Unacceptable by Judge

• Published: February 07, 2011
• Earlier this month, former Salem District Court presiding Judge Robert Cometta...
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FED Leaves Funds Rate Static

• Published: February 07, 2011
• The Federal Reserve announced Wednesday that it is planned to keep lending...
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Higher Fourth-Quarter Profit for American Express

• Published: January 26, 2011
• American Express claimed higher fourth-quarter profits after record customer spending...
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Return of the Balance Transfer Offers

• Published: January 26, 2011
• Before the recession, low or zero interest balance transfer offers are frequent and abundant...
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Americans Carry Billions in Credit Card Debts

• Published: January 26, 2011
• According to Equifax, a majority of American households still carry a considerable amount of debt...
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JPMorgan Wins Credit Card Court Case

• Published: January 26, 2011
• In a lawsuit by credit card consumers accusing JPMorgan Chase & Co. of unfairly increasing...
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Chase and Citibank Deletes Foreign Exchange Fees on Certain Cards

• Published: January 24, 2011
• In the past, foreign exchange fees ranging from two to three percent plagued major...
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Lobbying Efforts of Credit Card Giants

• Published: January 19, 2011
• MasterCard showed an increase in lobbying charges as the rest of the credit card...
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Mixed Blessings with New Credit Card Laws

• Published: January 19, 2011
• With new government regulations, credit card companies are now mandated...
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