South Africa: Virgin Money, Absa in Branded Credit Card Deal (AllAfrica.com)

Credit Card Freak wrote this mid-morning:

ABSA and Virgin Money are expected to announce a tie-up soon which will see Absa processing and distributing the Virgin-branded credit card in SA.

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Fitch Rates National City Credit Card Master Note Trust 2006-1 ‘AAA/A/BBB’ (Business Wire via Yahoo! Finance)

Credit Card Freak wrote this mid-morning:

NEW YORK—-March 30, 2006–National City Credit Card Master Note Trust’s $371.875 million class A floating-rate asset backed notes, series 2006-1 are rated ‘AAA’ by Fitch Ratings. The corresponding $25.5 million class B and $27.625 million class C floating-rate asset-backed notes are rated ‘A’ and ‘BBB’, respectively.

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Credit cards that hurt your credit score (Bankrate.com via Yahoo! Finance)

Credit Card Freak wrote this mid-morning:

Your credit score could be lower if your issuer reports your card is maxed out.

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County considering new credit card payment plan (Redwood Falls Gazette)

Credit Card Freak wrote this mid-morning:

It’s a sign of the times. In an effort to keep up with the technological advances in today’s society, the Redwood County Board of Commissioners has agreed to take a look at a credit card payment program that would allow the public to pay for everything from taxes to license renewals online.

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These Easy Steps Can Help Improve Your Credit (Southwest Daily News)

Credit Card Freak wrote this mid-morning:

(ARA) - Credit cards are a great convenience. They eliminate the need to carry large amounts of money, you can track your spending through your monthly statements and they save the day when you’re faced with unexpected expenditures such as car repairs or medical bills.

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Credit cards that hurt your credit score (Bankrate.com via Yahoo! Finance)

Credit Card Freak wrote this mid-morning:

Your credit score could be lower if your issuer reports your card is maxed out.

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Mint, Inc. And Now Prepay Go Live With The First Nationwide Retail Network Designed For Reloading Prepaid Credit Cards (RetailSolutionsOnline)

Credit Card Freak wrote this mid-morning:

Now Prepay, a subsidiary of VendTek Systems Inc. (TSX-V: VSI), a leading provider of software for prepaid service distribution, and Mint Inc., a subsidiary of Mint Technology Corp. (TSX-V: MIT) and Canada’s first provider of prepaid credit card programs, announced that the first retail-based cash acceptance network designed for reloading prepaid financial products has launched under a partnership

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Credit cards that hurt your credit score (Bankrate.com)

Credit Card Freak wrote this mid-morning:

A no-limit credit card, often considered a valuable perk for cardholders, could, in fact, damage your credit score and make any debt you take on more expensive.

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IOB launches Visa International credit cards (The Hindu)

Credit Card Freak wrote this mid-morning:

CHENNAI: Indian Overseas Bank, in association with VISA, formally launched its International Credit Card. IOB plans to issue one lakh credit cards during the first year, says a bank …

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Credit cards undermine your financial future (Zanesville Times Recorder)

Credit Card Freak wrote this mid-morning:

The March 26 business section article titled “Credit card debt is a problem for some” had a fair narrow focus. It may be true that credit cards are a problem for only a few if you define the problem as being late on payments or if they max out their cards.

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