ONE-YEAR AGO:
Consumer revolving credit, mostly
credit card debt, declined for the third consecutive month in December, after hitting the
brakes in October in the wake of the worst credit crunch in history
. . . .
(click here to read more)
FIVE YEARS AGO:
VISA reported that gross sales volume on its payment cards hit a record
$1.045 trillion last year in the USA, a 19% increase over 2003
. . . .
(click here to read more)
TEN YEARS AGO:
The ten largest issuers of general purpose credit cards now control more
than 77% of the market according to year-end 1999 statistics gathered by CardData
(www.carddata.com)
. . . .
(click here to read more)
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As a reflection of the slowly recovering economy, debt collector Encore Capital Group posted a 32% increase in gross collections for the fourth quarter of $124.5 million, compared to a 29% increase to $125.7 million in the previous quarter. This is a 34% increase over the 92.8 million posted the ...
With 69% of consumers using their payment card for quick convenience, Visa will be introducing its "No Signature Required" program for transactions under $25 to U.S. merchants come July 2010. With this, 98% of retailer categories can accept U.S.-issued Visa cards for purchases without requiring a ...
Dave Serlo is not only PSCU Financial Services' President, he is also the first full-time employee to have been hired by the company in 1983. Dave began his extensive credit union career in 1970 with the National....
Network
VISA
Issuer:
PNC
The results of the second annual MasterCard Canada Valentine's Day Survey.
reveal that 19% of men ncompared to 7% of women say they feel they have to buy their sweetheart something to say "Be Mine" this Valentine's Day.
