credit News Archive

Orix and Credit Saison in $106 billionmerger talks (Reuters via Yahoo! News)

Orix Corp (8591.T), Japan's largest leasing company, and consumer credit firm Credit Saison (8253.T) are in merger talks, financial sources close to the matter said on Tuesday, seeking a deal to form a $106 billion finance group.

Senator urges Fed to toughen credit card rules (Reuters via Yahoo! News)

The Federal Reserve needs to push harder to protect consumers from credit card abuses, such as hidden fees and interest rates that jump unexpectedly, a senior senator urged on Monday.

Proper Credit Managment Is Essential If Your Job Is Shaky (Fox News)

Proper Credit Managment Is Essential If Your Job Is Shaky

Thieves skim credit card data at fuel pumps (USA Today)

Customers and police agencies across the USA are dealing with another pain at the pump thieves who install hard-to-detect electronic devices at stations to steal credit and debit card data.

Credit Still Scarce A Year Into Crisis, Despite Fed Efforts (Investor's Business Daily via Yahoo! Finance)

A year after rising losses on subprime mortgage loans sparked a credit crunch, banks remain reluctant to lend to businesses and individuals,...

Whitney: Credit crunch far from over (CNN Money)

The credit crisis is far from over, star analyst Meredith Whitney tells Fortune magazine in its upcoming issue.

Orix Rejects Report It Is in Merger Talks With Credit Saison (Bloomberg.com)

Aug. 5 (Bloomberg) -- Orix Corp., Japan's largest non-bank financial company, rejected a report that it is in talks with Credit Saison Co., the Japanese credit card firm backed by Mizuho Financial Group Inc.

Timeline: Global credit crunch (BBC News)

BBC News looks at how the global credit crisis unfolded.

Fortis says profits halved by credit market turmoil (AFP via Yahoo! News)

Belgian-Dutch banking and insurance group Fortis reported on Monday a halving of its second-quarter net profits owing to the credit market crisis, cutting the figure for the first six months by 41 percent.

Credit Still Scarce A Year Into Crisis, Despite Fed Efforts (Investor's Business Daily via Yahoo! News)

A year after rising losses on subprime mortgage loans sparked a credit crunch, banks remain reluctant to lend to businesses and individuals, dealing a blow to an economy on the edge of recession.

---

Back to Debt Consolidation & Credit Repair

Back to credit News Archive

Back to Debt Consolidation & Credit Repair

Back to credit News Archive