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Credit Card Defaults Are Just BeginningSeeking Alpha, NY - 14 hours agoAs almost 98% of Discover's US revenue comes from credit cards, its outlook is not very bright either. Visa (V) and Mastercard (MA), which issue no debt, ... |
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Credit card police dampen travelPetoskey News-Review, MI - 13 Oct 2008Not one to let sleeping credit cards lie, I fired up the cell phone and got Marriott rewards on the line. The Chase Visa was blocked because I wasn’t making ... |
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US shoppers turn away from creditFinancial Times Deutschland, Germany - 10 Oct 2008Visa's US credit card payments increased 8 per cent, while debit card use increased by 16 per cent. In addition to accepting bank credit cards, ... |
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The Financial Crisis and Credit CardsMotley Fool - 3 Oct 2008A lot depends on their credit exposure. Companies like Visa (NYSE: V) and MasterCard (NYSE: MA) don't bear any credit risk, but if transaction volumes fall, ... |
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