Panel Considers Joining Credit Card Cases (AP via Yahoo! News)

Credit Card Freak wrote this mid-morning:

The federal courts should consolidate 14 lawsuits from merchants seeking to force some of the nation’s leading credit card issuers to lower their fees, defense attorneys argued Thursday in a hearing before a seven-judge panel.

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PrivaSys to launch world’s first interactive electronic credit card (Channel NewsAsia)

Credit Card Freak wrote this mid-morning:

SINGAPORE : The world’s first interactive electronic credit card is set to be launched early next year. The battery-powered card was developed in the US, but the final stages of the design and manufacture will be done in Singapore.

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SK Telecom says no plan for credit card venture (Reuters via Yahoo! Asia News)

Credit Card Freak wrote this mid-morning:

SEOUL, Sept 30 (Reuters) - SK Telecom Co. Ltd. , South Korea’s top mobile carrier, said on Friday it has dropped plans for now to form a credit card joint venture or alliance with a local financial services firm.

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Contact 16: High gas prices blamed for increased credit card debt (WNDU 16)

Credit Card Freak wrote this mid-morning:

Desperate times call for desperate measures and for some that means paying for gas they need with money they don’t have. More and more Americans are having trouble paying their monthly credit card bills and as Contact 16 found out, the problem starts at the pump.

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Panel Considers Joining Credit Card Cases (WJLA-TV Washington D.C.)

Credit Card Freak wrote this mid-morning:

ASHEVILLE, N.C. (AP) - The federal courts should consolidate 14 lawsuits from merchants seeking to force some of the nation’s leading credit card issuers to lower their fees, defense attorneys argued Thursday in a hearing before a seven-judge panel.Attorneys for the plaintiffs, which include the country’s largest merchants associations, wanted some of the cases to be argued separately.

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Credit Card Use at the Pump Takes a Jump (CSNews Online)

Credit Card Freak wrote this mid-morning:

LANSING, Mich. — It’s becoming increasingly common to use plastic at the pump: 70 percent of gas purchases were paid for with a credit or debit card in the first six months of 2005, compared with 54 percent last year, the National Association of Convenience Stores (NACS) reported.

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Survey: Many Korean Stores Don t Check Credit Card Signatures (donga.com)

Credit Card Freak wrote this mid-morning:

The usage of credit cards works under an agreement with the card owner, the credit card company, and the store where the card can be used. What holds the contract together is the card owner s signature.

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Younger spenders cutting credit cards (Daily Press)

Credit Card Freak wrote this mid-morning:

VICTORVILLE — Stung by huge credit card bills that will take years to pay off, Jake Letcher, 19, is now doing what a lot of young consumers are doing — saying no to credit cards.

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Higher minimum payments on credit cards bring pain (Pittsburgh Post-Gazette)

Credit Card Freak wrote this mid-morning:

Next time you open your credit card bill you could be in for a shock.

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Man charged after stolen credit cards, checks found (Madera Tribune)

Credit Card Freak wrote this mid-morning:

A Madera man was arrested after a deputy found stolen credit cards and checks inside a car he was driving. The arrest came shortly after Mario Perez Olmos, 34, was cited out of the county jail, where he was booked following an arrest for driving while intoxicated, the sheriff s department reported.

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