Credit card crisis on the horizon

Courtesy Marketplace  Mon, 11/03/2008 - 13:00

Next up in financial crisis headlines: credit cards. Delinquencies on credit card payments are on the rise and consumers are cutting back on credit card use.

Neither is good for the credit card companies. Rachel Dornhelm reports


 

Related items

Former British banker gets knighthood revoked
Fred Goodwin led the Royal Bank of Scotland when it nearly collapsed during the financial crisis in 2008. The queen has now taken away his title of knight, leaving him in some...

As Greek Financial Crisis Deepens, Niarchos...
Funds pledged by the foundation will be used over the next three years to help ease the adverse effects of the deepening socioeconomic crisis in debt-plagued Greece....

GM takes over as world's top-selling automaker
General Motors has reclaimed the title of world's top-selling automaker, the first time GM has held the top spot since it was bailed out by the U.S. government after the financial crisis.

Lumiquest Promax System
The ProMax System is the latest refinement of our most popular photo flash accessories. The basic unit allows 80% of the light to bounce off the ceiling while 20% is redirected forward as...

Canon Speedlite 220EX for Canon Pro1, Pro 90, G...
Dedicated electronic flash with fully automatic operation for Canon EOS-Elan, Rebel G Flash confirmation lamp (after firing) Save Energy (SE) feature Powered by AA-size batteries (250 to 1700...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
money-employment.marc8.com