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NEW YORK (AP) -- Pressure intensified on Citigroup to sell part or all of itself as its stock fell below $4 a share on Friday and fears escalated about future loan losses. CEO Vikram Pandit told managers earlier in the day he opposes breaking up the ...
Read moreChristmas shoppers who rely on credit cards for their spending can expect higher interest rates, fewer on-the-spot store credit offers and possibly fewer gifts under the tree. Tighter credit will bring challenges for shoppers and could doom the ...
Read moreDear Liz: I accumulated a lot of credit card debt in college. I recently started a full-time job in my field and am working to pay off my debt one card at a time. I am considering asking my creditors to lower my interest rates to make a daunting task ...
Read moreLiberal MP Dan McTeague and Linda Leatherdale with petitions from readers protesting high interest charges on credit cards. (STAN BEHAL/Sun Media) Pat is among hundreds of Sun readers seeing red over gouging credit card rates and demanding Ottawa ...
Read moreCHRISTMAS is expensive at the best of times so if you can’t afford to pay for the festivities out of your salary or savings and plan to use a credit card, now is the time to hunt down the right deal. “If you need to get a new card in time to do ...
Read moreWASHINGTON -- Cecil Bello has stumbled into a new corner of the credit squeeze. The 32-year-old management consultant has had the limits reduced on three of her credit cards. In September, U.S. Bank notified the Fairfax, Va., resident that she no ...
Read moreNew York, NY (AHN) - Citigroup announced it will increase rates for some of its credit card holders in the U.S. due to losses in its global card division. According to the Wall Street Journal, Citigroup had informed some of its credit card holders ...
Read moreDon't throw out that letter from your credit card company. It may be notifying you of a reeled in credit line, interest rate hike or even an account closure. In this recessionary climate, credit card companies across the board are tightening the ...
Read moreThis past Election Day, voters in Ohio approved a ballot measure to cap interest rates payday lenders can charge on short-term loans. Loan companies responded quickly. The two major companies announced the closure of nearly 80 stores across the state ...
Read moreBusiness groups in Delaware are casting a wary eye on the arrival of President-elect Barack Obama and the expansion of the Democratic majority in Congress. "We have seen that one-party control typically doesn't seem to work out the way it should ...
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