CreditMall.net News

Our credit card news section covers all recent consumer and business credit card related news, including Visa, MasterCard, Discover and American Express.

Credit cards can bog down small businesses (Waco Tribune-Herald) -- With credit tight for small businesses, credit cards have become a risky financial staple for many. (more)

'Reluctant regulator' of credit cards (BigPond News) -- The Reserve Bank of Australia says it is a 'reluctant regulator' of credit cards. (more)

The Reserve Bank on credit cards (Sky News Australia) -- The Reserve Bank of Australia (RBA) says it is a 'reluctant regulator' of credit cards while leaving the door open to force providers to reduce interchange fees. (more)

PM to clamp down on credit cards (Channel 4) -- Gordon Brown has vowed to stop credit card firms taking advantage of struggling customers by hiking interest rates. The Prime Minister said companies would be banned from..... (more)

Trend disturbs experts: Skip the mortgage, pay the credit cards (Memphis Commercial Appeal) -- U.S. consumers are starting to look like a frugal, debt-fearing lot as they pay down billions of dollars in credit-card obligations. But an alarming trend is emerging: A..... (more)

RBA open on credit card fee crackdown (The Courier Mail) -- THE Reserve Bank says it is a "reluctant regulator" of credit cards while leaving the door open to force providers to reduce interchange fees. (more)

Good question: Keep eye on credit cards (Pittsburgh Post-Gazette) -- I keep hearing about the CARD Act but I'm not sure what it is and how it will affect my credit card accounts. What does this new law mean to me? (more)

Seek out the perfect loan -- Personal Loans have been regularly used to fund those little extras such as a holiday abroad, a new car and increasingly as a means of debt consolidation. Most people..... (more)

Unenforceable credit agreement claims -- Claims management companies lack of experience with unenforceable credit agreements, could land consumers in deeper financial trouble and even land them in court (more)

Students disappointed by broken principle -- Students will see their student loan rate dropped from 1.5% to 0% this September (more)

Sainsbury's make play for the UK loans market -- Sainsbury's the supermarket giant is making a play for the UK online unsecured personal loan market (more)

Single premium PPI 'must be withdrawn' -- Single premium Payment Protection Insurance (PPI) is the subject of a new campaign from the Financial Services Authority (FSA). The regulator has written to providers,..... (more)

Report warns of 'major change to family finances' -- Young adults in the UK are depending on their parents for financial support - and putting the older generation's finances under strain. A new report from The Children's..... (more)

BBA welcomes impact of loans scheme -- Banks have updated on the progress of the Enterprise Finance Guarantee scheme, aimed at improving loans flows to businesses. The comments, from the British Bankers'..... (more)