Bank of America vows not to change credit card rates before FebruaryOctober 6th, 2009 BofA: Credit card rates won't go up ahead of lawNEW YORK — Bank of America Corp. on Tuesday pledged not to hike credit card interest rates or fees before a new law intended to reform industry practices takes effect in February.
Wyoming boy, 11, leads police on high speed chase at up to 100 mph at 3 a.m.October 1st, 2009 Wyo. boy, 11, leads police on chase up to 100 mphRIVERTON, Wyo. — Wyoming police say an 11-year-old boy driving a large SUV led officers on a high speed chase reaching speeds of 100 mph.
American Express eliminates inactivity fee from gift cardsSeptember 30th, 2009 American Express drops gift card dormancy feeNEW YORK — At a time when credit and debit card fees are under fire, American Express Co. said Wednesday it will no longer charge monthly fees on its gift cards.
Meltdown 101: Navigating bank overdraft fees, and understanding the changes down the roadSeptember 25th, 2009 Meltdown 101: Navigating bank overdraft feesNEW YORK — Overdraft programs for checking accounts are now an industry standard, meaning most bank customers can accidentally spend more money than they have — and will be charged a fee when they do. Consumer advocates agree that these policies are rarely a good deal for customers.
Correction: Q&A on credit card reformsAugust 21st, 2009 Correction: Q&A on credit card reformsNEW YORK — In an Aug. 19 story about credit card reforms, The Associated Press erroneously reported that cardholders will face fewer surprises about credit limit changes under the new rules.
Rate of losses on JPMorgan Chase credit cards declines in July, delinquencies improveAugust 17th, 2009 JPMorgan Chase credit card losses down in JulyNEW YORK — JPMorgan Chase & Co. said Monday that the rate of losses on its credit card loans eased up in July.
Credit card companies report montly improvement in account lossesAugust 17th, 2009 July credit card statistics improve over JuneMajor credit card companies are reporting monthly statistics for July, which in most cases show a slight improvement in the percentage of unpaid accounts written off as losses (net loss) and the percentage of accounts behind on payments for more than 30 days. Here's a summary of the major credit card suppliers reporting results for July compared with June.
American Express, Discover will stop charging fees to customers who exceed credit limitsAugust 12th, 2009 Amex, Discover to end fees going over credit limitNEW YORK — American Express and Discover customers will soon be free of fees for charging over their credit limits. The two companies said separately Tuesday they will soon end the charges that have generated widespread criticism from consumers.
Chase finishes converting 694 former Washington Mutual branches in 7 statesJuly 31st, 2009 Chase links 694 ex-WaMu branches in 7 statesNEW YORK — JPMorgan Chase & Co. said Friday it has converted former Washington Mutual branches in seven states to Chase systems and is on track to finish absorbing WaMu by year's end.
Say goodbye to fixed-rate cards; 2 major banks switching terms in months leading up to reformsJuly 10th, 2009 Credit card pain: Some say goodbye to fixed ratesNEW YORK — It could be time to kiss fixed-rate credit cards goodbye. Two of the biggest issuers in the nation — Bank of America and Chase — say they're switching some fixed-rate cards to variable rates to manage costs in light of the sweeping new reforms to the credit card industry.
Say goodbye to fixed-rate cards; 2 major banks switching terms in months leading up to reformsJuly 10th, 2009 Credit card pain: Some say goodbye to fixed ratesNEW YORK — It could be time to kiss fixed-rate credit cards goodbye. Two of the biggest issuers in the nation — Bank of America and Chase — say they're switching some fixed-rate cards to variable rates to manage costs in light of the sweeping new reforms to the credit card industry.
Several of NASCAR's Chase contenders involved in 13-car wreck at DaytonaJuly 5th, 2009 Several Chase contenders crash at DaytonaDAYTONA BEACH, Fla. — Chase contender David Reutimann was involved in a 13-car accident at Daytona International Speedway.
Chase approves 138,000 trial mortgage modifications in the past three monthsJune 30th, 2009 Chase: 138k mortgages modified in past 3 monthsNEW YORK — Chase said Tuesday it has approved 138,000 trial mortgage modifications for struggling homeowners in the past three months. The company started processing the modifications April 6, as part of President Obama's Making Home Affordable program.
School bus driver rams cars in suburban Chicago as police give chase, mayor saysMay 29th, 2009 Driver takes empty Ill. school bus on police chaseGLENWOOD, Ill.
Back-up dancer Chase Benz's mum livid over link-up with BritneyApril 17th, 2009 LONDON - Pop star Britney Spears, who has been in the news for her growing fondness for her back-up dancer Chase Benz, has left the latter's mother fuming. Chase Benz's mother Diane insists that he is already engaged.
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