- Mortgage delinquency rates increase for prime borrowers as these people exhaust their emergency funds during unemployment. Wall Street Journal
- United Airlines wants travel agents to pay credit card processing fees. In many states, agents aren't legally allowed to pass this cost on to consumers, but they may raise other fees to compensate for the additional cost. Bloomberg
- A Colorado man is required to pay $11,000 in fraudulent charges because he continued making minimum payments on his credit card even after the charges showed up. The lesson: Read your statements and dispute fraudulent charges ASAP before making any payment. The Baltimore Sun
- If you have several creditors closing credit cards without an explanation, check your credit report for cases of identity theft. LA Times
- How Small Business Owners Should Use Credit Cards: For starters, get credit cards in your business name, not your own. New York Times' Small Business Blog
- Average credit card rates are at 12.17%, unchanged from last week and down from six months ago when the average was 12.93%. CreditCards.com
Related Articles
Explore Credit / Debt Management
©2012 About.com. All rights reserved.
A part of The New York Times Company.
Latoya, that was a wicked story what Bank of America did to that Colorado guy, can they get away with that loophole? I guess so. The moral is READ THOSE STATEMENTS CLOSELY AND AS SOON AS THEY COME IN, AND TAKE ACTION.
John DeFlumeri Jr, Clearwater, Fla.