credit card forum [the blog]

Posted on Wednesday, 4th February 2009 by CreditCardGuru

The government (our money) put over 306 billion (that’s with a “b”) dollars of liability on the line to bail out Citigroup alone. So what are they doing with that money? Well one thing they’re doing is suing a little mom and pop pawnshop for alleged copyright infringement.
Last week Citigroup filed suid against a Brooklyn [...]

Tags: cit, citi credit cards, citigroup, credit cards, financial meltdown
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Posted on Thursday, 13th November 2008 by CreditCardGuru

Just days ago we reported about a proposal by the financial institutions to set up a program which would forgive up to 40% of consumers credit card debt if they were underwater with payments.
The Office of the Comptroller of the Currency, which regulates banking, came back and said:
The agency does not consider any plan that [...]

Tags: bailout, credit cards, credit crunch, debt relief, financial meltdown
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