WASHINGTON, May 1 (UPI) -- A bill aimed at protecting U.S. holders of credit cards from arbitrary interest rate hikes passed the House of Representatives 357-70 Thursday.
WASHINGTON, March 22 (UPI) -- U.S. consumers struggling with high penalty interest rates on credit card debt and tightened access to loans are fueling the economic downturn, advocates say.
NEW YORK, April 28 (UPI) -- U.S. credit card companies are raising rates as banks try to make up for losses in other departments, financial experts said Monday.
WASHINGTON, Dec. 7 (UPI) -- U.S. consumer credit fell unexpectedly and dramatically at an annual rate of 4 percent in October, the Federal Reserve reported Wednesday.
WASHINGTON, Sept. 8 (UPI) -- U.S. consumer credit rose slightly in July to an annualized rate of 2.5 percent, after rising at a nearly 4 percent pace in the second quarter.
SEOUL, Aug. 10 (UPI) -- GE Consumer Finance Wednesday said it would pay $305 million for a stake in Hyundai Card, one of South Korea's top credit card firms.
WASHINGTON, July 29 (UPI) -- U.S. credit card issuers are hiking interest rates and late fees, especially for those whose cards have floating or variable rates.
LONDON, May 3 (UPI) -- U.S. credit card firm MBNA has emerged as a strong contender for Egg plc, a U.K. Internet bank and credit-card issuer.
BANGKOK, March 29 (UPI) -- The Bank of Thailand in Bangkok has cracked down on the nation's credit card issuers in an effort to slow down a possible consumer credit increase.
WASHINGTON, May 7 (UPI) -- Total consumer credit outstanding for March increased by only 0.6 percent from the previous month, according to a Wednesday report from the Federal Reserve.
