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Topic: James Chessen

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Easy credit followed home equity boom
NEW YORK, June 18 (UPI) -- Credit card companies raised spending limits for U.S. consumers at unprecedented rates before the home equity bubble burst in the summer of 2007, reports show.
Most banks expect increase in biz lending
SEATTLE, Aug. 25 (UPI) -- Eighty percent of U.S. banks exp;ect mid-market business lending to increase during the next year, the American Bankers Association said Wednesday.
Credit delinquencies jump in late 2003
WASHINGTON, March 24 (UPI) -- Past-due credit card accounts rose to 4.43 percent in fourth-quarter 2003, the American Bankers Association reports.
America's love-hate affair with credit
WASHINGTON, March 23 (UPI) -- As consumers' debt load has risen, so have credit card fees, delinquencies and bankruptcies. Is the credit industry cashing in on the U.S. debt crisis, or are c
Judge blocks Calif. credit balance law
SACRAMENTO, Dec. 24 (UPI) -- Californians will be on their own next year when they sit down to figure out how long it will take them to pay off their Christmas credit card bills.
Executive Business Briefing
Here is a look at more of Tuesday's top business stories:

Quotes

“ The rise in consumer credit delinquencies is consistent with a rapidly slowing economy, ”
Slowing economy threatens small banks
United Press International
“ There was rising equity in houses, growing wealth, and the economy was growing quickly, ”
Easy credit followed home equity boom
United Press International
“ The economic environment is prime for increased commercial lending activity, and the mid-market is one of the fastest growing segments of the revived commercial lending market, ”
Most banks expect increase in biz lending
United Press International
“ It was a rare combination where credit card delinquencies increased as all other consumer lending delinquencies declined, ”
Credit delinquencies jump in late 2003
United Press International
“ It was a rare combination where credit card delinquencies increased as all other consumer lending delinquencies declined, ”
America's love-hate affair with credit
United Press International
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