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Credit Card Application News

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The Federal Reserve has slashed its benchmark rate to 1%, yet many people are getting hit with higher rates and fees on their credit cards. Normally, when the Fed cuts rates, credit-card issuers follow suit, resulting in lower monthly payments for ...

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Credit-Card Users Face Higher Fees, Rates - Wall Street Journal

OTTAWA -- MasterCard Canada wants the banking industry to drop the legalese in their credit application form in favour of plain language so consumers can understand how hefty interest rates are calculated if they can't pay their bill. The company ...

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Bank industry urged to simplify credit forms - Vancouver Sun

W hen applying for a credit card, you have to sign a contract that's crammed with legalese and fine-print footnotes. It's time for a fresh approach to communication. Companies should make it clear regarding what comes with your credit card besides ...

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TheStar.com | Business | Credit cards need to lose the legalese - Toronto Star

Just as the federal government is moving to spend $50 billion more to entice Canadian banks to keep lending, many customers are getting hit with higher credit costs. For example, Toronto-Dominion Bank – which has skirted the worst of the credit ...

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TheStar.com | Business | Credit card costs soar for hard-hit consumers - Toronto Star

One of the most widely significant ramifications of the credit crunch for British consumers appears to be that cheap borrowing is becoming increasingly hard to find, especially for those with a bad credit history. An interesting indication of the ...

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Cheap borrowing gets harder in credit crunch fallout - MyFinances.co.uk

MasterCard Canada wants the banking industry to drop the legalese in their credit application form in favour of plain language so consumers can understand how hefty interest rates are calculated if they can't pay their bill. The company teamed up ...

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MasterCard offers simpler contracts - Calgary Herald

I t is my first day of class...not just any class, but my MBA class! All around me there are men and women of every colour and size milling around the large purpose-built lecture hall chosen specially as the venue for our Orientation Talk today. My ...

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International MBA: The application process - Rediff.com

Bailing out U.S. automakers (who thought the Hummer was the vehicle of the future?) and credit-card companies (who sent my dog [no lie] a pre-approved application?) would be rewarding stupid behavior. Accountability? Hah! How about bonuses for people ...

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Doing the right thing just doesn't pay off - AZCentral.com

LOS ANGELES - (Business Wire) The Board of Directors of Innovative Card Technologies, Inc. (NASDAQ:INVC) today announced that past board member Richard J. Nathan will assume the position of president and CEO effective immediately. The board also ...

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Innovative Card Technologies Names Richard J. Nathan President and CEO - Earthtimes

WASHINGTON (AP) - American Express wants your deposits. The Federal Reserve on Monday granted AmEx's request to become a commercial bank, opening the door for the credit card giant to accept deposits and permanently access financing from the Fed. The ...

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