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Beginning Monday, some of the more outrageous practices of credit card issuers will be outlawed. But just like a bully on a playground who doesn’t punch when the teacher is watching, lenders will find ways to continue pummeling consumers.
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2 companies say they make no promises to consumers With complaints rising nationwide against credit repair companies, the city of Chicago said Friday that it has filed consumer fraud and deceptive practice charges against nine area firms.
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New Zealand Credit Card Spending grew 1.5% in January, the largest monthly increase since April 2009. The annual growth rate advanced to 2.6%, the highest in 18 months. Perhaps most interestingly, outstanding credit card balances posted the first month of positive growth since July 2009, adding 0.3% in the year to January.
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The extension of a federal tax credit for home buyers failed to boost sales in Kansas City in January, with existing home sales about the same as last year.