last-year

Credit and debit card spending soars

Spending on cards up 9.2% on August last year despite claims that consumers tightening belts Spending on credit and debit cards rose at a near double-digit rate during the past year, challenging suggestions that consumers are tightening their belts, figures showed today. People spent 9.2% more on their cards during August than in the same month of the previous year, according to Barclaycard. The …

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Credit and debit card spending soars

last-year

Debt hit €75bn last year – C&AG

The State’s net national debt increased by almost 50 per cent to €75.2 billion last year, according a report on the accounts of the public service published today.

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Debt hit €75bn last year – C&AG

last-year

Junk Debt ‘Best Bet’ as Issuance Beats Record: Credit Markets

Global high-yield bond sales surpassed last year’s record issuance in 2010 as the riskiest companies take advantage of plunging borrowing costs and investor demand to refinance debt.

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Junk Debt ‘Best Bet’ as Issuance Beats Record: Credit Markets

last-year

Junk Debt ¿Best Bet’ as Issuance Nears Record: Credit Markets

Ally Financial Inc., the lender previously known as GMAC Inc., and the lending arm of Ford Motor Co. led $206.9 billion of speculative-grade debt sales in 2010 through yesterday, compared with $208.1 billion for all of last year, according to data compiled by Bloomberg.

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Junk Debt ¿Best Bet’ as Issuance Nears Record: Credit Markets

last-year

Credit card fraudster sentenced

NORRISTOWN A Philadelphia man who admitted using credit cards stolen in Montgomery County last year to buy merchandise at Walmart stores in Montgomery and Lancaster counties in Pennsylvania, and New Castle County, Del., was sentenced to prison for the crimes.

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Credit card fraudster sentenced

last-year

Credit checks fall, defaults jump: Veda

New Zealand credit inquiries fell 10.4% in the first six months of 2010 compared with the same period last year while defaults jumped 18.3%, says credit information company Veda Advantage.

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Credit checks fall, defaults jump: Veda

last-year

Credit Acceptance writes more loans in April&May

Auto loan provider Credit Acceptance Corp. said Friday its loan volume rose in April and May and the loans were bigger than last year – a sign that tight credit conditions are easing and that more consumers are feeling…

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Credit Acceptance writes more loans in April&May