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LOS ANGELES (AP) ― The pastor for First AME Church in Los Angeles has apologized to his congregation over his use of a church credit card for $122,000 in personal expenses. Sunday's apology follows a Los Angeles Times report that John Hunter used ...

L.A. Pastor Charges $122K On Church Credit Card - KDKA

The U.S. credit card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said. The ...

Credit Card Industry May Cut $2 Trillion Lines - Post Chronicle

REDMOND, Wash., Dec. 1 /PRNewswire-FirstCall/ -- Microsoft Corp ( News / Aktienkurs ) .'s Xbox 360 video game and entertainment system kicked off the holidays with record- breaking console sales on one of the biggest shopping weekends of the year in ...

Xbox 360 Registers Biggest Black Friday in Its History - Finanz Nachrichten

That piece of plastic in your wallet can be a blessing, depending on how you use it. It can get you great deals. It can let you monitor your spending and thus help with budgeting. It can be a saviour in a cash emergency. A credit card not only lets ...

Credit cards offer convenience and benefits - Economic Times

NEW YORK _ The percentage of people who were delinquent on their credit card payments rose in the third quarter from the same time last year, while average debt per borrower jumped 7.7 percent, according to credit reporting agency TransUnion LLC. For ...

TransUnion: 3Q credit card delinquency rate rises - Arlington Heights Daily Herald

The percentage of people delinquent on credit card payments rose year over year in the third quarter, while average debt per borrower jumped 7.7 percent, according to credit reporting agency TransUnion LLC. For the quarter ended Sept. 30, 1.09 ...

Past-due payments on credit cards rise - Rocky Mountain News

The number of consumers with delinquent mortgages is poised to almost double by the end of next year, hitting its highest level in at least 16 years, according to a leading credit bureau. TransUnion LLC, which analyzed about 27 million consumer ...

Delinquent Mortgages Set to Nearly Double in 2009 - Wall Street Journal

Meredith Whitney -- bank analyst extraordinaire -- predicts that the credit card industry may slash more than $2 trillion of existing credit lines -- 45% of the total -- over the next year and a half. Yikes! The obvious outcome here would be a huge ...

The Death of Credit Cards - The Money Times

TOKYO (Reuters) - Even after 14 years in the white-knuckle world of stock trading, Ken Masuda doesn't sound like a big risk-taker -- at least when he talks about his own cash. "I'm more conservative than most Americans when it comes to money," said ...

Frugal Asia to dodge much of credit card beating - Reuters

The U.S. credit card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said. The ...