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CREDIT CARD INDUSTRY
The credit card industry is one of the largest financing businesses in the world. Total U.S. consumer revolving debt -- largely debt on credit cards -- reached $962 billion in 2008. American Express issued what is considered the first widely accepted plastic charge card in 1958. The top five credit card companies are Bank of America, JP Morgan Chase, Citigroup, Amex, and Capital One. Also well-known are Discover Card, HSBC, Washington Mutual, Wells Fargo, and USAA.
Credit Card Industry is part of Business Exchange, suggested by
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NEW YORK, Aug 7 (Reuters) - American Express Co (AXP.N: Quote, Profile, Research, Stock Buzz) may have its rating...
AXP, AMERICAN EXPRESS, AMEX, MOODY'S, DOWNGRADE, CREDIT CARDS, CREDIT, CREDIT RATING Moody's Investors Service said...
Congress, Federal Reserve Propose Tighter Rules to Protect Consumers
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SAN FRANCISCO (MarketWatch) -- Moody's Investors Service said on Thursday that it may downgraded American Express...
'BBB'-rated classes would begin to incur losses before spiraling up to 'AAAs.' Moody's Investors Service said while the...
Stricter regulation of the credit card industry will probably be approved by the end of the year, consumer advocates,...
Shares of credit card issuer Discover Financial Services rose Friday, amid a rebound in the broader market, as...
Federal Reserve and other regulators proposed steps to end what they called 'unfair and deceptive' practices in the...
global conversation on the growing discipline of innovation and the deepening field of design thinking.
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Top Sources: Credit Card Industry
- CNBC
- ihavenet.com
- online.wsj.com
- smartmoney.com
- bloomberg.com
- San Francisco Chronicle
- USA Today
- Washington Post
- Fortune
- BusinessWeek
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