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August 31, 2006

Thieves targeting credit cards (Read more at www.debtconsolidationpodcast.com)

Thieves targeting credit cards
Philadelphia Inquirer - Montgomery Township police are warning older women to be on the lookout for a ring of thieves stealing credit cards from purses as the women shop or dine out. The thieves have distracted women shopping in the township's Route 309 corridor a dozen
Source: www.philly.com

Pier 1 Sells Credit Cards to Chase
MSN MoneyCentral - FORT WORTH, Texas (AP) - Home furnishings retailer Pier 1 Imports Inc. said Wednesday it agreed to sell its private-label credit card operations to JP Morgan Chase & Co. Pier 1 expects net cash proceeds at closing will be about $155 million. Under
Source: news.moneycentral.msn.com

Fitch: Less (Spending) Is More (Chargeoffs) For U.S. Credit Card ABS
Forbes - Consumers' increased reliance on their credit cards may already be manifesting itself in the monthly payment rate, which fell 34 basis points (bps) to 17.63% and is 61 bps lower than this time last year. However, both prime (14 bps to 3.44%) and
Source: www.forbes.com

Angst over storms a modern spectacle
Lexington Herald-Leader - Angst over storms a modern spectacleAll dressed up and no place to go. Credit cards maxed out for shutters, gasoline, bottled water, generators and enough canned tuna to let Charlie put all his minnows through college, and no big storm to deal with
Source: www.kentucky.com

Come into 21st century
Pasadena Star-News - One of the first rules of getting out of debt is getting rid of credit cards. We all know of people who have drowned themselves in credit card debt, and the interest added to debt makes it almost impossible to dig out of the hole. The last
Source: www.pasadenastarnews.com

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