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U.S. credit card satisfaction down amid higher rates: poll
NEW YORK (Reuters) - U.S. consumers satisfaction with credit cards plummeted in 2009, driven by anger due to fees and higher interest rates, according to a J.D. Power and Associates poll released on Tuesday.
Source:(Reuters)
2009-09-01
Capital One credit card defaults rise in June
NEW YORK (Reuters) - Capital One Financial Corp's (COF.N) U.S. credit card defaults rose in June as unemployment increased and Americans struggled to pay their debts, the company said on Wednesday.
Nations:Canada Activities:2008 U.S. Recession Source:(Reuters)
2009-07-15
Discover: Credit Where Credit Is Due
During the era of easy money, Discover Financial Services was dismissed as a second-rate credit card company that lacked the cachet and retail acceptance of rivals. Its profits paled next to those of titans American Express and Bank of America (NYSE:BAC - News). The company's low-rent image was even lampooned on the Fox TV cartoon series Family Guy.
Nations:U.S. Source:(BusinessWeek)
2009-02-14
MasterCard earnings hit by spending slowdown
NEW YORK - MasterCard Inc (MA.N), the world's second-largest credit card network, reported a 21 percent decline in fourth-quarter earnings, hit by a slowdown in consumer spending as recession deepens.
2009-02-05
More customers resume using old-fashioned cash
NEW YORK - Cash or credit? For more Americans, who have already maxed out their credit cards or are just trying to manage their spending better in the tough economy, the answer is increasingly the old-fashioned one.
Nations:U.S. Activities:Global Financial Crisis
2008-11-23
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