Weekly Credit Card News Roundup 11/13/09
Friday November 13, 2009
Here's this week's top credit and debt news stories:
- Washington Post columnist Michelle Singletary advises reader to pay off a $11,000 IRS bill before focusing on the $12,000 credit card debt. She says IRS interest compounds on a daily basis and makes you owe more quicker. -Washington Post
- Credit card companies raise fees and rates to help offset credit card delinquencies and defaults, which continue to rise. -CardRatings.com
- CreditKarma.com raises $2.5 million dollars to continue providing free credit scores to consumers. Visit CreditKarma.com to get a free copy of your (TransUnion) credit score. There's no credit card required and you score is always free. -Reuters
- Small businesses work to get small business credit cards included in the new credit card legislation, but their chances at getting protection look slim. -New York Times' You're the Boss
- If you're getting attractive credit card offers now, take advantage of them because the best credit card deals could be disappearing soon. -Wall Street Journal
- Last week's credit card news.


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