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Published:Tue, 15 Dec 2009 13:56:06 GMT
Capital One Financial Corp and Discover Financial Services reported that credit-card charge-offs rose in November -- a sign that consumers remain under stress.......
Published:Tue, 15 Dec 2009 19:47:36 GMT
Dec. 15 (Bloomberg) -- American Express Co. , the top gainer in the Dow Jones Industrial Average this year, said credit-card defaults and late payments fell to 2009 lows as the le......
Published:Tue, 15 Dec 2009 20:30:40 GMT
Its no surprise that banks are pushing rewards cards given their popularity with consumers. The catch is that the cards being offered are now more likely to have annual fees. In t......
Published:Tue, 15 Dec 2009 18:41:20 GMT
Data released Tuesday by the major U.S. credit-card issuers reinforce the challenges facing lenders. The latest numbers, from issuers including Capital One Financial Corp. COF, JP......
Published:Tue, 15 Dec 2009 15:08:21 GMT
SK Telecom has sealed a deal to acquire 49% stake in Hana Card, the credit card unit of Hana Financial Group, for KRW400 million to reportedly enter the mobile credit card market.......
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