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Credit Card Charge-Off Collapse - the Next Economic Crisis (PRWeb)
Consolidated Credit Counseling Services, Inc. predicts credit card debt as the next financial breakdown. Consumers state their unsecured debt is approximately triple over last year. The bailout plan has been passed to help with the mortgage crisis, but consumers have credit card debts that they can't pay. (PRWeb Oct 12, 2008) Read the full story at ...
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Credit Card Charge-Off Collapse - the Next Economic Crisis (PRWeb via Yahoo! News)
Consolidated Credit Counseling Services, Inc. predicts credit card debt as the next financial breakdown. Consumers state their unsecured debt is approximately triple over last year. The bailout plan has been passed to help with the mortgage crisis, but consumers have credit card debts that they can't pay.
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More people falling victim to credit card debt (WATE 6 Knoxville)
Credit card debit is a growing problem. Many people are swiping their cards instead of using cash.
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Using equity to pay debt can be risky (Bankrate.com via Yahoo! Finance)
Using a refinance to pay down credit card debt can be risky, the Debt Adviser says.
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Park National sells portfolios (The Columbus Dispatch)
Elan Financial Services will buy Park National Bank's unsecured credit-card portfolio and Elavon will buy the bank's merchant bankcard processing portfolio, Park announced yesterday.
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The Next Meltdown: Credit-Card Debt - BusinessWeek (BusinessWeek)
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FastUpFront New Technology Frees Small Business Cash Advances from Credit Card Processors (Business Wire via Yahoo! Finance)
CLIFTON, N.J.----FastUpFront introduces a new technology that provides small business to qualify for unsecured cash advance loans. Traditionally, these loans were only available from the business's credit card processor, making these companies vulnerable to inflated costs, bad service and refusal.
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New Technology Frees Small Business Cash Advances from Credit Card Processors (PRWeb)
Small business can now seek advantages of dealing with a third party and are no longer tied to their credit card processor for unsecured cash advances.
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Park National Corporation Announces Alliance With Elan Financial Services and Elavon, Inc. to Enhance Credit Card ... (GlobeNewswire via Yahoo! Finance)
NEWARK, Ohio, Oct. 10, 2008 -- Through its subsidiary The Park National Bank, Park National Corporation today signed definitive agreements with Elan Financial Services and Elavon, Inc. , both of which are wholly-owned subsidiaries of U.S.
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Grappling with high personal debt (Los Angeles Times)
Dear Liz: My wife and I have two young children, a mortgage and two financed cars. We also have more than $100,000 of debt, mostly on credit cards that are in my wife's name. Our savings are gone. I have never been in this situation before. I am self-employed and bring home about $6,000 a month. My wife doesn't work. Personally, I don't think I will ever pay off this debt, and I don't know if I ...
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