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Collection Agency Credit Report News:
Banks back mandatory CDS clearing: report (Reuters via Yahoo! News)
Some of the world's top banks are backing a proposal to develop a mandatory central clearing system for the $55 trillion credit default swap (CDS) market, a report in the Financial Times said on Thursday. Dealer banks are stepping up efforts to back CDS clearing to head off a more radical overhaul, which includes a proposal to move trading of over-the-counter CDS on to an exchange, the report ...
Credit institutions requested to report on real estate loans (Nhân Dân)
Nhan Dan - Credit organisations have been requested to give full report on their loans to incomplete real estate projects by October 31, 2008 and loans to real estate sector in October 2008, according to a recently-issued document by the State Bank of Vietnam.
Stopping credit offers can prevent identity theft (Green Bay Press-Gazette)
The Wisconsin Office of Privacy Protection suggests stopping pre-approved credit card offers as a way to guard against identity theft. The interested should call (888) 567-8688 or visit www.optoutprescreen.com.
TD Bank to report $350 million in fourth-quarter credit losses (The Canadian Press via Yahoo! Canada News)
TORONTO - TD Bank (TSX:TD) says it will book $350 million in credit trading losses in its fourth quarter, the latest of Canada's big banks to report exposure to troubled financial markets.
Economy falters before budget report next week (AFP via Yahoo! News)
The economy, battered by the global credit crunch and facing a recession, suffered more bad news on Thursday before a key budget report due next week from the country's government.
CreditCards.com: Weekly Credit Card Rate Report (Business Wire via Yahoo! Finance)
AUSTIN, Texas----Annual percentage rates for new credit card offers rose this week, according to the CreditCards.com Weekly Credit Card Rate Report. However, that move was due to a change in the composition of cards offered rather than any APR increases by banks.
Card Breaches Shake Faith in E-payments (PC World)
In the past three months, all three of my payments cards -- one credit card and two debit cards -- have been compromised.
Man charged with fraud, identity theft (Seattle Post-Intelligencer)
A Tukwila man has been charged with identity theft after asking a police detective for help forging credit cards.
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