Credit Card Asset Quality Deteriorating
NEW YORK — Fitch Ratings said today that as we approach the midpoint of 2008, a weakened U.S. economy continues to exert pressure on the consumer, as observed through the continued deterioration of credit card portfolio performance. Issuer credit losses have approached, and in some cases surpassed, five-year historical averages and many management teams are [...]
Categories
- Advice
- Airline Mile Credit Cards
- American Express
- Bad Credit
- Balance Transfer
- Bankruptcy
- Business Credit Cards
- Chase Cards
- CitiBank
- Credit Card News
- Credit Rating
- Debt Consolidation
- Discover
- Discover Card
- Education
- Fraud
- Gas Credit Cards
- Investigation
- Launch
- Lawsuit
- Legal/Government
- Mastercard
- perks
- Prepaid
- rates
- Review: Business Credit Cards
- Reward Cards
- Secured Credit Cards
- Students Credit Cards
- Useful Links
- Visa
Recent Comments
- Beatriz30Flores on Credit Card Rates Rise Again
- Eloise Villarreal on Unpaid credit-card bills giving rise to lawsuits
- Baxter on New RevolutionCard
- Cecil Grass on Unpaid credit-card bills giving rise to lawsuits
- Pauéla on Free credit report
Archives
By Dates
Disclaimer
The content of the pages of this website is for your general information and use only. It is subject to change without notice.
Neither we nor any third parties provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and materials found or offered on this website for any particular purpose. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law.
Your use of any information or materials on this website is entirely at your own risk, for which we shall not be liable. It shall be your own responsibility to ensure that any products, services or information available through this website meet your specific requirements.
All trade marks reproduced in this website which are not the property of, or licensed to, the operator are acknowledged on the website.
From time to time this website may also include links to other websites. These links are provided for your convenience to provide further information. They do not signify that we endorse the website(s). We have no responsibility for the content of the linked website(s).
Pages
About
In this blog you can get the necessary information before applying for a new credit card or before transferring your balances to a lower APR credit card. Make an educated decision before making a financial commitment; search our database of credit card related articles and the comments other bloggers have been making. We appreciate if you can provide first hand information on any major or sub-prime credit card issued for the US market by both US or foreign banks. Let’s uncover what is behind the advertisements and the press releases of credit card companies! At Credit Card News you are welcome to post how credit cards worked for you in real-life situations.
Sites to Visit:
-
Recent Posts
Tags
airline Airline Mile Credit Cards AMEX bill bofa cards capital one chase Chase Cards CitiBank citicard Citi cards credit addiction credit card debt credit card milage credit decline credit limits delta disclosure Discover fees fitch fixed rate government high-tech hikes hsbc cards issuers legal limits lower rates Mastercard miles overuse perks rates rate software reports Visa