Critics like Elizabeth Warren believes that there would be fewer complains if the credit card industry clearly disclosed how its business works, particularly when it comes to the minimum monthly payment. If people knew that the cost of minimum month...
He might be feeling the pinch If you watch the news in Britain or look at a British newspaper at the moment, a term you are more than likely to come across is 'credit crunch'. It has become a bit of a buzzword , but what does it mean? Well, it's a...
In 1996 another important Supreme Court decision open the door to bigger profits for the credit card industry and raft a new complaints from their customers. That decision Smiley.V Citibank. much like the Marquette decision before it. lifted the sta...
According to McKinley, the key to understanding how credit cards are marketed lies in the great digital revolution, the amassing of data on American consumers. Well, there is a gold mine of information residing out there in these databases by the co...
Today, nearly 144 million Americans have credit cards and they are using their cards like never before, charging 1.5 trillion dollars last year alone. Credit cards have become a central part of the American Economy. I really cant say that I love my c...
Tonight on Frontline. The average American family has eight (0% for life on transfer balances. ) credit cards. Plastic money have become both a necessity and a ticket to a better life. (Hawaii, yeah! ) A credit card is an extraordinary, unbelievably...
By Barry Wood Washington 08 April 2008 The International Monetary Fund Tuesday said the turmoil in world credit markets that began with rising home loan defaults in the United States is not over and losses could hit $945 billion as the impact spreads...
Part 1 Tina's Money Woes Tina的金钱危机 Dialogue Script1 对话原文1 Jason: Whoa! That's a lot of bags! Let me help you. Tina: Thanks. Macy's had a sale I couldn't miss out on. Jason: So this is how you're spending your days now that you're unemployed...
By Heda Bayron Hong Kong 16 August 2007 Chinese investors chat at a private security company, 16 Aug 2007 in Shanghai, China There was no let-up Thursday in the wave of selling on Asian stock markets. As VOA's Heda Bayron reports from Hong Kong, inve...
By Mil Arcega Washington, DC 25 September 2006 watch Child Porn report The U.S. government is looking for ways to curb the multi-billion dollar child pornography business, which lawmakers say has grown almost as fast as the Internet. The U.S. Senate...