Credit Cards News
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Bankruptcy legislation looms in quarter
18 Jan 2006
source:
marketwatch.com
NEW YORK (MarketWatch) -- Following bigger than expected initial write-offs, credit card issuers may soon see the positive benefits from new bankruptcy legislation passed last year. EARNINGSWATCH AMR Corp.'s loss widened by fuel, charges EBay, Apple shares likely to lead late volume Yahoo, Net sector take hit; market waits for eBay Huntington income rises 10%, falls shy of expe ... |
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JPMorgan reports $2.7bn fourth-quarter profits
18 Jan 2006
source:
ft.com
By Andrei Postelnicu in New YorkPublished: January 18 2006 13:30 | Last updated: January 18 2006 13:30JPMorgan Chase on Wednesday said defaults on credit card debt were offset by cost cuts and the proceeds from a sale, helping the third largest US bank by assets to report growth of 65 per cent in fourth-quarter profits, ahead of expectations. JPMorgan said fourth quarter profits were $2.7bn, or 7 ... |
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Credit cards reward home-improvement purchasers
18 Jan 2006
source:
marketwatch.com
NEW YORK (MarketWatch) -- If you use the right credit card, home renovations may offer rewards beyond beautifying your living quarters. MARKETWATCH PERSONAL FINANCE IN INVESTING Getting in on gold without all the risk IN MUTUAL FUNDS Eaton Vance CEO Hawkes to retire in 2007 IN LIFE & MONEY Changes in the offing for student loan programs IN RETIREMENT ... |
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Brits paying 333% too much for store cards
17 Jan 2006
source:
myfinances.co.uk
UK residents can pay 333 per cent more in interest on store cards than on a standard credit card, new figures reveal. Data from online comparison site uSwitch.com reveals that switching store card debt to a card with an interest-free introductory offer can result in savings of hundreds of pounds. With interest rates charged on store cards often double what is available elsewhere on the market, p ... |
