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Credit Card Default News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest Credit Card Default News

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  • Rajesh Saxena, American Express Banking Corp CEO 25 Nov 2009 01:53 GMT
    ... credit card industry and what the company envisages for India. Excerpts: What is the credit card default rate in the industry? Is it declining with economic recovery? Globally, defaults are a risk ...

  • Debt turning shoppers into Scrooges 24 Nov 2009 16:53 GMT
    ... WASHINGTON (AP)—A lot more Americans are feeling stressed out ... what's happening with my business.“ Joblessness, foreclosures, credit card defaults weighing down consumers Morrison and the McGavins ...

  • Business at a Glance: Hedgie says harrassment unintended 24 Nov 2009 03:40 GMT
    ... Nomos Capital Partners Ltd. founder Mark Lowe said he sent a "robust" quotation of a Roman poet ...

  • The return of the plastic 19 Nov 2009 20:35 GMT
    ... CHICAGO (MarketWatch) -- After months of paying off debt, some Americans pulled out their credit cards ...

  • Economic Snapshot for November 2009 20 Nov 2009 14:53 GMT
    ... Lingering weakness in the labor market is threatening the fledgling ... thus will likely contribute to high foreclosures, credit card defaults, and bankruptcies. Policy has shown what it ...

  • Economic Snapshot for November 2009: 23 Nov 2009 20:32 GMT
    ... Lingering weakness in the labor market is threatening the fledgling ... thus will likely contribute to high foreclosures, credit card defaults, and bankruptcies. Policy has shown what it ...

  • First National moves to raise capital 21 Nov 2009 08:19 GMT
    ... Nebraska's largest locally owned banking company took a step Friday ... this year or in 2010 due to credit card defaults stemming from the high national unemployment rate. ...

  • Bullish on bullion 21 Nov 2009 11:14 GMT
    ... There must be moments when Manmohan Singh looks back in wonder ... a mind-boggling budget deficit, spiralling mortgage and credit card defaults, and persistent toxic assets on bank books ...

  • U.S. credit card defaults fall, but delinquencies up 16 Nov 2009 16:30 GMT
    ... NEW YORK (Reuters) - U.S. credit card defaults fell more than expected in October, but delinquencies rose in a sign that consumers ...

  • Credit Card Defaults Fall, But Delinquencies Up 16 Nov 2009 17:37 GMT
    ... NEW YORK--U.S. credit card defaults fell more than expected in October, but delinquencies rose in a sign that consumers ...

  • WRAPUP 1-Capital One, Discover credit card defaults lower 16 Nov 2009 14:10 GMT
    ... * Capital One charge-off rate down to 9.04 pct * Discover ... Financial Corp and Discover Financial Services reported credit card defaults fell in October, but delinquencies rose in ...

  • Capital One, Discover credit card defaults lower 16 Nov 2009 14:12 GMT
    ... Reuters Monday, November 16, 2009; 8:57 AM and Discover Financial ... 8:57 AM and Discover Financial Services reported credit card defaults fell in October, but delinquencies rose in ...

  • UPDATE 1-Capital One credit card defaults fall in October 16 Nov 2009 11:40 GMT
    ... * US credit card charge-offs fall to 9.04 pct in October * US credit card delinquencies go up to ...

  • WRAPUP 4-US credit card defaults fall, delinquencies up 16 Nov 2009 23:50 GMT
    ... * Defaults down at AmEx, BofA, JPMorgan, Citi, Capital One * Delinquencies rise at big issuers, AmEx is the ...

  • U.S. credit card defaults fall, delinquencies up 16 Nov 2009 23:53 GMT
    ... NEW YORK (Reuters) - U.S. credit card companies said on Monday that defaults fell more than expected in ...


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