Feb. 1 (BusinessDesk) – Demand for consumer credit is showing signs of life after a period of household debt consolidation, according both to official figures and to behaviour observed by the country’s largest credit bureau, Veda Advantage.
Entries from January 2011
NZ consumer credit growth creeping back up
January 31st, 2011 · No Comments
Tags: Credit Cards · Debt Consolidation
Government should delay some public spending cuts – NIESR
January 31st, 2011 · No Comments
LONDON (Reuters) – The government should delay some spending cuts planned for this year because of a weak economy, and balance future fiscal consolidation more towards tax rises, a leading economic think …
Tags: Credit Cards · Debt Consolidation
Capital One dredges up decade-old, charged-off debt
January 31st, 2011 · No Comments
The bank says it was only complying with a new Fed rule when it billed a Hollywood couple for a $2,000 credit card balance it wrote off 10 years ago plus interest — a total of $5,195 — even though the statute of limitations has passed. Frank Cavestani and his wife fell behind on their Capital One credit card payments about a decade ago. Their accounts were subsequently closed by the lender …
Tags: Credit Cards
Credit Card Solicitation’s Rise As America Resists and Reduces Debt
January 31st, 2011 · No Comments
Credit Card Solicitations Are on the Rise and Card Companies Are Making the Offers More Attractive. Morgan Drexen Financial Experts Ask Consumers to Beware. America’s Legal System is Reducing Debt with the Assistance of the Complex Workflow Automation of Morgan Drexen
Tags: Credit Cards
Debts to keep, debts to ditch
January 31st, 2011 · No Comments
Many people think only of credit card debt when they tally how much they owe, unless they are having difficulty paying their other bills.
Tags: Credit Cards