News Library - June, 2005
Delinquency June, 30, 2005
Based on total dollars past-due, credit card delinquency declined in the first three months of this year to its lowest level since the mid-2000. Delinquency has been falling for five consecutive quarters, hitting 3.83% in the first quarter compared to 4.19% ...
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May Bankruptcy June, 28, 2005
Personal bankruptcy petitions in May rose nearly 5% over year ago levels but fell sharply from the surge experienced in April when filings soared nearly 17% year-over-year. It is expected that bankruptcy filings will run higher as the clock continues to tick ...
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Line Hopper June, 27, 2005
American Express has added a new feature to its "IN:NYC" card that offers cardholders and up to three guests immediate access to skip to the front of the line at some of New York's most popular clubs and lounges. The new "GET:IN for IN:NYC Cardmembers" is the ...
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SUBWAY Card June, 22, 2005
The largest restaurant system in North America and the second largest fast-food chain in the world is launching a loyalty and gift card. SUBWAY recently announced it is ditching its paper "Sub Club" stamp loyalty card by the end of the year.
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Hack Phish June, 21, 2005
The recent news that a credit card processor may have compromised as many as 40 million credit card accounts created a gold mine for phishers. Within 24 hours of the news fraudsters began sending out phony account notices.
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TrueBlue Card June, 20, 2005
The "Blue" card specialist and the "Blue" airline specialist are planning to take off later this summer with a new credit card. JetBlue, a rising star in the otherwise struggling airline business, is teaming up with American Express to introduce the "JetBlue ...
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Closing Card June, 17, 2005
Luxury homebuyers may get an extra incentive to close a deal by way of new "Platinum" prepaid card good for upscale stuff. The new "Housewarming Card Platinum Edition" from American Express offers access to all of Williams-Sonoma's stores and catalogs.
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Cards & Rent June, 16, 2005
Consumers are apparently warming up to the idea of using credit cards to make rent payments. A new survey has found that a significant percentage of consumers would chose an apartment lease based on whether or not there was an automatic rent credit card ...
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Puddle Phishing June, 15, 2005
The number of phishing attacks against credit unions, small and regional banks since January has increased more than sevenfold. Fraudsters seeking to lure customers into revealing personal information often hit the small financial institution only once as ...
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