Credit Card Most Popular Financial Product At MyFex O7 (Bernama)

Credit Card Freak wrote this mid-morning:

KUALA LUMPUR, Oct 31 (Bernama) — The habit of “Buy first and pay later” among the people seemed to be evident with the popularity of credit card among visitors at the ongoing Malaysia Financial Exhibition 2007 (MyFex 07).

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Eliminate Credit Card Debt (The Bradford Era)

Credit Card Freak wrote this mid-morning:

(ARA) - You’ve heard the old adage, pay down your credit card debt each month to avoid the nasty interest rate charges and fees that result from revolving balances.

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Man has to repay $12M in credit card scam (EARTHtimes.org)

Credit Card Freak wrote this mid-morning:

A federal judge in Illinois has ordered the owner of a Florida marketing company to serve a 13-year prison term for a credit card scam and repay $12 million. Investigators say that Peter Porcelli’s company offered what was supposed to be a MasterCard. But…

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Younger Online Consumers Less Reliant on Credit Cards Jupiter Research (ePaynews)

Credit Card Freak wrote this mid-morning:

Oct 31 2007 : U.S consumers under 35 years of age are developing very different online payment habits from adults over 35, says JupiterResearch. The U.S.-based consultancy says that younger U.S. adults are driving much of the usage of PayPal and debit cards for online purchases.

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HSBC sells ‘near-prime’ part of UK credit card business (FT.com via Yahoo! News)

Credit Card Freak wrote this mid-morning:

HSBC has sold part of its UK credit card book including Marbles, the online credit card business, for £385m.

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Britain: Credit Card Brands Sold (New York Times)

Credit Card Freak wrote this mid-morning:

HSBC Holdings, the biggest bank in Europe, has sold its Marbles and Beneficial branded credit cards in Britain to a specialist lender, SAV Credit, for £385 million ($796 million). HSBC said the portfolios consisted of 338,000 accounts and were not a core part of its strategy to expand its card business. HSBC acquired Marbles as part of its purchase of Household, a lender in the United States, in …

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HSBC sells two credit card divisions (AFP via Yahoo! News)

Credit Card Freak wrote this mid-morning:

Global banking giant HSBC said Tuesday that it has sold some of its British credit card businesses to lender SAV Credit for about 385 million pounds.

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HSBC sells two British credit card divisions (AFP via Yahoo! News)

Credit Card Freak wrote this mid-morning:

Global banking giant HSBC said Tuesday that it has sold some of its British credit card businesses to lender SAV Credit for about 385 million pounds (552 million euros, 796 million dollars).

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Man has to repay $12M in credit card scam (UPI)

Credit Card Freak wrote this mid-morning:

A federal judge in Illinois has ordered the owner of a Florida marketing company to serve a 13-year prison term for a credit card scam and repay $12 million.

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Credit card issuers target small business (The News Journal)

Credit Card Freak wrote this mid-morning:

Beverly Stewart can’t imagine running her business without her business credit card.

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