Media Coverage
Media Coverage
| Date | Media Coverage | Topic |
|---|---|---|
| Nov 15, 2009 |
''Banks Revising Their Old Tricks'' "In some ways, credit card banks are hustling to act before new consumer rights take effect next year. In other ways, they're in no rush at all." Source: News Journal (DE) |
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| Nov 8, 2009 |
''Credit card reforms mean mailings to consumers may include big change'' "A study by The Pew Charitable Trusts released last month found that advertised rates on about 400 credit cards this summer had jumped as much as 23 percent. In addition, the study reported that many issuers were shifting customers from fixed to variable rates, which would ease some of the notification requirements." Source: The Washington Post |
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| Nov 5, 2009 |
''Programs aim to aid 'unbanked''' "Dozens of cities are launching programs to sign up low income people as customers at commercial banks so they can avoid the high fees typical of check cashing stores and payday lenders." Source: USA Today |
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| Nov 4, 2009 |
''Credit-Card Company or Loan Shark?'' "A recent report done by the Safe Credit Cards Project at The Pew Charitable Trusts found that over the past four months, credit-card companies have routinely tacked on new fees, altered account terms, and jacked up interest rates, sometimes to as high as 30 percent." Source: Newsweek |
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| Nov 4, 2009 |
''Credit Cards: Break Up, or Make Up?'' "Credit-card lenders, facing higher defaults and new, profit-crimping laws, have been increasing fees and interest rates, raising minimum payments and cutting credit limits. Some Citigroup Inc. customers have seen their credit limits cut, their interest rates jump as high as 29.99% or their cards canceled altogether." Source: Wall Street Journal |
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| Oct 31, 2009 |
''Credit-Card Rates Up Before New Law'' "...credit-card companies are rushing to raise rates and tack on extra fees ahead of a law slated to take effect Feb. 22 that is supposed to limit such moves in the future. In some cases, rates are doubling to as high as 30 percent or more, even for people who pay their bills on time." Source: The Post and Courier |
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| Oct 29, 2009 |
''After credit card outrage, Ohio couple gets relief'' ''Chuck and Jeanne Lane got some good news earlier this week: After more than doubling the Lanes' monthly minimum payment, their credit card company is now slashing their payment." Source: CNN Politics |
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| Oct 28, 2009 |
''Cards From Largest Banks Would Break Law, Pew Says'' "None of the credit cards offered online by the 12 largest U.S. banks would meet requirements of new federal curbs on the industry’s rates and fees, a report from The Pew Charitable Trusts said."
Source: Bloomberg |
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| Oct 28, 2009 |
''Tricks, Not Treats -- Pew Study Finds 'Deceptive' Credit Card Practices Rising'' "Alison Howard, a single mom from Atlanta, sent her only son Bryan off to college last year for what she hoped would be a lifelong education. One lasting lesson is now burned into his brain: Beware of banks bearing special credit card offers." Source: ABC News |
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| Sep 29, 2009 |
Anger at Bank Overdraft Fees Gets Hotter, Bigger and Louder "Controversial bank account fees, which have fattened banks' bottom lines at the expense of vulnerable consumers, are rapidly becoming a black eye for the industry." Source: USA Today |
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| Sep 24, 2009 |
''Congress to Speed New Credit Rules to Stop Bad Bank Behavior'' "Bankers groups are crying foul as legislators moved today to speed up implementation of credit card reform in the wake of a flood of rate hikes and customer cancellations." Source: CBS MoneyWatch |
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| Aug 22, 2009 |
''Debating How Much Weed Killer Is Safe in Your Water Glass'' "Now, new research suggests that atrazine may be dangerous at lower concentrations than previously thought. Recent studies suggest that, even at concentrations meeting current federal standards, the chemical may be associated with birth defects, low birth weights and menstrual problems." Source: The New York Times |
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| Aug 20, 2009 |
''Part of new credit card law kicks in today'' "New credit card restrictions are set to take effect today that will give consumers more information but only limited relief from high interest rates and fees." Source: USA Today |
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| Aug 20, 2009 |
''Interactive Map Shows Nano Metros'' Looking for a job in nanotechnology? You might want to check out just where the nano hot spots are around the country. I have just the resource. The Project on Emerging Nanotechnologies created an interactive map of the United States showing the locations of the more than 1,200 companies, universities, government laboratories, and organizations working in nanotechnology. Source: Discovery Channel's Material World |
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| Aug 19, 2009 |
''Reforms for Credit Cards Go in Effect'' "Although most credit card reforms approved by Congress this year won't take effect until February, a few provisions kick in Thursday — and consumers could start getting some relief from rising interest rates." Source: Democrat and Chronicle |
