All Posts Tagged With: "credit card debt"
That Ticking Noise You Hear in Your Wallet is a Credit-Card Time Bomb
For those holding out hope that the American economy can miraculously avoid a long and deep recession, consumer credit is often viewed as the wonder drug that can cure all manner of economic ills. As such, last week’s report showing that…
15May2008 | Money Morning | 0 comments | ContinuedThe Nation’s Debt: Collectors are in for rough times
There is no denying when it comes to soaring fuel prices, this nation has a major problem on its hands. Thanks to credit cards, the problem may be exponentially larger than most folks think.
Look at it this way. For…
24Apr2008 | Andrew Snyder | 0 comments | ContinuedCredit Card Stocks: The Credit Card Fair Fee Act may kill the interchange fee… and credit card company revenues
The nation is in a credit-induced mess. Thanks to incredible amounts of financial leveraging, a small-scale headache for the mortgage industry has ballooned into an economic catastrophe that threatens every global market.
Some of the nation’s largest, most secure banks are…
19Mar2008 | Andrew Snyder | 0 comments | Continued
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