Groups on Credit Card Lending Tactics
An investor advocacy group and mutual fund firm with a focus on corporate responsibility are spreading the word about predatory lending resolutions they’ve helped to place on the proxy statements of three large banks.
Goshen, Ind.-based MMA Praxis Mutual Funds and New York-based Interfaith Center on Corporate Responsibility have placed resolutions on the proxy statements of [...]
Slashing Credit Card Spending Limits
How You Can Avoid a Nasty Surprise From Your Credit Card Issuer?
As they trudge their way through this year’s holiday season, some shoppers will be in for a surprise when they haul out their credit card. Many credit card companies are lowering the credit limits this holiday season. Without even warning their customers, some credit [...]
Credit Card Direct Mail Offers Decline
The number of credit card offers mailed to Americans has declined for the third consecutive quarter, according to new research from Mintel Comperemedia. Estimated acquisition mail volume for credit cards fell nearly 8% from Q1 2008 to Q2 2008 (from 1.67 billion to 1.54 billion).