Following credit card reform and other debt news.

Posts Tagged ‘ Visa ’

Credit Card Company Earnings Down - Lending Questioned

Aug 8th, 2008 | By Rob | Category: Citibank

It hasn’t been a particularly good month to be a credit card company or a credit card processor.

American Express - Moody’s announced on Thursday that it is reevaluating American Express’ rating because of concerns over its credit card business and lending exposure.  (Details are in Reuters).  Moody’s cited a number of factors in the press [...]