Gas station owners fume over credit card fees (BizJournals)

Credit Card Freak wrote this mid-morning:

Anytime a customer uses a credit card to buy gasoline from Ken Suter, he sees his profits go down the tube.

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Check the fine print on credit card offers (Daily Breeze)

Credit Card Freak wrote this mid-morning:

More than 6 billion credit-card offers were mailed to Americans last year. That’s a record. With so much competition for your attention, credit-card companies are coming up with new come-ons to entice you toward their piece of plastic. Zero-percent teaser rates and cash-back rewards are old hats.

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Banks offer card perks only to clients (USA Today)

Credit Card Freak wrote this mid-morning:

A new generation of low-fee, high-rewards credit cards are emerging that are typically available only to banks’ own customers. Some banks are offering the cards as a way to compete in a rapidly consolidating industry, in which more than 70% of the U.S. credit card business is now controlled by the top five issuers.

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(AFX UK Focus) 2006-07-31 09:52 GMT: UK mortgage lending remains firm in June, credit card borrowing slumps - BoE (Interactive Investor)

Credit Card Freak wrote this mid-morning:

LONDON (AFX) - The amount lent for housing purposes in the UK during June remained near two-year highs, though borrowing on credit cards slumped to a 12-year low, the Bank of England said today.

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Borrowers shun credit cards (Times Online)

Credit Card Freak wrote this mid-morning:

Evidence of a sharp switch in consumers’ spending habits emerged today after Bank of England data showed that credit card borrowing has slowed to a near 12-year low but mortgage approvals for house buying purposes have risen to a five-month high.

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To protect credit score, cancel cards with care (Courier-Post)

Credit Card Freak wrote this mid-morning:

No matter your reason for canceling a credit card, there’s a right way and a wrong way to do it.

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Mistakes can lead to bad credit (The Terrell Tribune)

Credit Card Freak wrote this mid-morning:

Debbie Baker was once $57,000 in credit card debt before she decided to take matters into her own hands.

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(AFX UK Focus) 2006-07-31 09:52 GMT: UK mortgage lending remains firm in June, credit card borrowing slumps - BoE (Interactive Investor)

Credit Card Freak wrote this mid-morning:

LONDON (AFX) - The amount lent for housing purposes in the UK during June remained near two-year highs, though borrowing on credit cards slumped to a 12-year low, the Bank of England said today.

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Survey reveals RP willing to shift from stripe to chip-based credit cards (Manila Bulletin)

Credit Card Freak wrote this mid-morning:

Although one-third of Filipinos does not have a clear concept what smart or chip card is all about, majority of consumers in this country are nonetheless open to the idea of using such a card in the future.

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Smile! You’re on your parent’s credit card (Poughkeepsie Journal)

Credit Card Freak wrote this mid-morning:

Consumers hankering to show off their family photos — or their car or their dog - are getting more chances every time they whip out a credit card. That’s because more credit providers are offering photo credit cards, in which a favorite image is emblazoned on the face of the plastic.

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