While the Discover America Daily Getaways promotion is open to consumers with all types of credit card accounts, those who use American Express will receive an additional 10 percent off their travel purchases, according to the lender. Consumers can currently receive sizeable bargains on hotel accommodations, airfare and vehicle rentals through the USTA promotion. Statistics […]
Instances of defaulted credit card debt controlled by the nation's largest lenders rose during the month of March, to 8.31 percent, according to the latest statistics from Fitch Ratings. This was up from the 8.05 percent rate observed in February, and marked the first time in six months that there was an increase in charge […]
The number of consumers who allowed their credit card debt payments to fall delinquent during the final three months of 2010 slipped to 3.28 percent of all accounts, according to the latest quarterly statistics from the American Bankers Association. This was a drop from the 3.64 percent observed at the end of the third quarter […]
For discussion on current events and important issues concerning the debt settlement industry, visit the blog at www.getoutofdebt.org. This site is a helpful resource for consumers, regulators, and industry participants to stay up to date on all the latest news and topics related to consumer debt relief alternatives. It is authored and monitored by industry […]
The latest data from credit monitoring bureau Experian shows that credit card debt balances have tumbled more than 5 percent in 48 municipal areas across the country, even while many still faced severe financial difficulties, according to a report from the consumer advice site Wallet Pop. In more than half of these cities, real estate […]
Company’s Performance-based Programs are Fully FTC Compliant, While Some Competitors Go Astray Los Angeles (Vocus/PRWEB) March 31, 2011 – Debtmerica, LLC, a professional debt settlement Company that recently restructured its business model to comply with new FTC regulatory standards, is pleased to report that consumers are very receptive to its new debt resolution programs. In […]
Lenders such as Capital One Financial and Discover are expected to make sizeable profits in the coming months as they have seen instances of delinquent and defaulted credit card debt decline considerably, according to a report from financial news site The Street. That trend is expected to continue into the future as well, as consumers […]
Originally, the Federal Reserve set the deadline for when it would enact a rule limiting swipe fees for debit card transactions on April 21, but now the central bank says this date will come and go without finalizing it, according to a report from Reuters. The reason for the delay is that the Fed received […]
The number of consumers who are current in paying down their credit card debt but 30 days or more behind on home loan payments rose to 7.4 percent in the third quarter of last year, according to a new study from the credit monitoring bureau TransUnion. That's up from 4.3 percent in the first quarter […]
Google, makers of the popular Android smartphone operating system, will soon team with both MasterCard and Citigroup to begin implementing a system that will allow users to load their payment information onto their mobile device, according to a report from the Wall Street Journal. In addition to making it easier for consumers to deal with […]