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Credit Cards News
The Associated Press
Visa Profit Exceeds Estimates as Credit-Card Spending Rises
BusinessWeek
8 (Bloomberg) -- Visa Inc., the world's biggest payments network, said fiscal first-quarter profit climbed 16 percent as consumers increased use of credit and debit cards. Net income for the three months ended Dec. 31 rose to $1.03 billion, ...
Visa 1Q Profit Rises 16.4% As Transactions JumpWall Street Journal
Visa 1Q profit rises 16 percent as card use risesSan Jose Mercury News
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Average credit card debt falls by just ?20 since peak of boom
Irish Times
THE AVERAGE amount owed on Irish credit cards has fallen by just ?20 since the height of the boom as consumers struggle to pay off debts run up before the recession took hold. An Oireachtas committe heard that average bills have remained constant, ...
Credit card debt down - but average card still over ?1300 in debtthejournal.ie
Personal debt levels to be outlined todayIrish Examiner
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US judge won't end credit card antitrust case against Discover, Citigroup
Chicago Tribune
A federal judge refused to dismiss an antitrust lawsuit accusing Citigroup Inc. and Riverwoods-based Discover Financial Services of conspiring to force credit card holders to agree to mandatory arbitration clauses in their cardholder agreements, ...
US judge won't end credit card antitrust caseReuters
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Amex pushing more cards with annual fees
MarketWatch
/quotes/zigman/217470/quotes/nls/axp AXP -0.94% , the largest credit-card issuer by spending, is pushing more cards with annual fees as it tries to generate additional revenue and manage expenses. The New York company has faced concerns over expenses ...
AmEx CEO: Expense Controls In Place As Benefits WaneFox Business
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Rate survey: Credit card rates hold steady for 2nd week
CreditCards.com
By Kate Tomasino The average interest rate on a new credit card offer remained unchanged this week, according to the CreditCards.com Weekly Credit Card Rate Report, though issuers are still tweaking APRs. For a second straight week, the average annual ...
CreditCards.com Weekly Rate Report: Rates Hold Steady for Second WeekMarketWatch (press release)
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Financial Times
China OKs Citi Credit Card Biz
Zacks.com
Citigroup Inc. (C) will launch its own credit card business in China. Its Chinese subsidiary Citibank (China) Co. Ltd. has received approval from the China Banking Regulatory Commission. The company will launch both retail and commercial cards before ...
Citigroup to issue China credit cardsFinancial Times
China Credit Cards, Danish Loans, Mortgage Deal: ComplianceBusinessWeek
Citigroup Gets Approval for China Credit CardsWall Street Journal
San Francisco Chronicle -NTDTV
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Bloomberg
Credit-Card Borrowing Surged Over Holiday Period
Wall Street Journal (blog)
By Jeff Bater and Jeffrey Sparshott US credit-card debt posted the second solid increase in a row during December, an indication Americans stuck with meager wage gains borrowed to pay for their holiday celebrations. The increase helped raise the level ...
US consumer credit rises $19.3 bln in DecemberReuters
Consumer borrowing surged for second month in December with credit cards and ...Washington Post
Consumer Borrowing Increased In DecemberNew York Times
Go Banking Rates -NASDAQ
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