Harley-Davidson Profits Plunge 37% in Q3 Results (HOG)

Legendary motorcycle maker Harley-Davidson, Inc. (HOG) just reported its sales for the quarter declined to $1.42 billion ... a 15.5% drop. The company’s financing unit has been a major area of concern, with the credit ... . Despite the bad news, the company expects to report full-year earnings of $3.00 to $3.10 a share [more...]

Date: 2008-10-16 18:23:25

Blog posts (129) | Videos (59)
 

Happy New Year!

2009 Happy New Year from all of us here at Ask Mr. Credit Card.com! ... to get your first free flight and how to dispute an item on your credit report. Wishing you a joyous ... the viability of a class action lawsuit against the credit card companies - they are lowering people’ [more...]

Date: 2009-01-01 19:57:28

Keep Watch For The Missing Quarter

How secure is yours? How secure is yours? HARRISBURG PA - Internet chat rooms are filling with complaints from credit card customers nationwide ... : File a dispute immediately with your credit card company; Call Pennsylvania’s Bureau of Consumer ... business with. The company, Adele Services of Melville NY, doesn’t exist, according to a report Sunday [more...]

Date: 2009-01-16 10:40:26

MyECheck, Inc. (MYEC.OB) Reports Astronomical Growth for 2008; Revenue Increases 1,096%

Yesterday after the closing bell, MyECheck announced that it has processed about 2 ... system. Unaudited 2008 financial results report that the company’s fourth quarter revenue ... future, particularly in this credit crisis. As credit is reduced, consumers need a fast and safe [more...]

Date: 2009-01-14 13:36:14

Credit Repair Scheme Promises Fast Score Increases But May Be Illegal

Establishing a good FICO credit score isn’t all that difficult; all you have to do is pay your bills on time ... to wipe out a judgment or a bankruptcy from your credit report. Most consumers, understandably, would rather not wait that long and there is not shortage of companies that promise to repair credit [more...]

Date: 2009-01-08 08:18:32

Thinking of credit repair? Think twice

You’ve probably heard ads promising to fix bad credit ... having money trouble. No one can remove accurate negative information from anyone’s credit report ... to the FTC’s brochure titled Credit Repair: How to Help Yourself, here’s how to tell if the company [more...]

Date: 2008-11-03 12:06:26

Media Digest 12/1/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Newspaper According to Reuters, US car sales are expected to be down sharply for November ... that the GM (GM) board is reviewing the firm's turnaround plan. Reuters writes that credit card companies will cut available lines of credit by $2 trillion over the next 18 months. Reuters reports [more...]

Date: 2008-12-01 08:45:43

9 Million Identities stolen in US each year - $49.3 Billion in losses vs. $17.6 Billion for all other forms of property crime

There are new rules that any company that offers any form of credit has to comply with for reporting identity theft incidents. The rules stem from FACTA - Fair and Accurate Credit Transactions Act. In some sense ... against individual's for theft - violent or not. Its kind of interesting - the FTC reports identity [more...]

Date: 2008-10-17 11:15:18

Time to reform the Consumer Credit Act?

Iain Dale has posted about a report that has been released by Grant Shapps called "Payday for Loan Sharks" ... the Consumer Credit Act laws has grown at a massive pace. The only way to resolve these sort of issues ... which details home credit company charging interest rates from 100% APR to 10,000% APR. I think [more...]

Date: 2009-01-09 09:48:38

Collection Agency calling from 571-431-1958 (Washington, VA)

Steve reported a Collection Agency (5714311958 from Washington area, VA) . The following comments were posted: AACC AACC AACC 5127689800 AACC 804-234-9056 assetacceptance.com Asset Acceptance is a leading purchaser and collector of charged-off consumer debt. Since 1962, we have provided credit originators such as credit card issuers, consumer finance companies, retail merchants, utilities and others an efficient alternative in recovering defaulted consumer debt. [more...]

Date: 2009-09-25 19:53:49

What is PCI DSS Credit Card Compliance?

PCI DSS stands for Payment Card Industry Data Security Standard ... and just pay a fee per report. Some SSL certificate companies can scan your domain for free ... . This standard was developed back in 2004 by the main credit card companies like Visa and Master [more...]

Date: 2009-01-15 01:00:23

Sellers of Tribune CDS Protection Face Large Payout

Hmmm Matthew Cowley reports: The dire conditions facing media companies were highlighted by this week’s auction to settle credit derivatives contracts written on bonds and loans of Tribune Co. Investors who sold insurance protection ... . The auction result for Tribune loan credit default swaps, or LCDS, was only slightly better, setting [more...]

Date: 2009-01-07 09:50:00

Sellers of Tribune CDS Protection Face Large Payout

Hmmm Matthew Cowley reports: The dire conditions facing media companies were highlighted by this week’s auction to settle credit derivatives contracts written on bonds and loans of Tribune Co. Investors who sold insurance protection ... . The auction result for Tribune loan credit default swaps, or LCDS, was only slightly better, setting [more...]

Date: 2009-01-07 09:50:00

Bad News for Adelson

Bad News for Adelson Written by themiddle A number of newspapers, such as the LA Times, are reporting that his company, Las Vegas Sands, appears to be caught up in the marketplace’s credit crunch and may default on repayment of some very large loans. Apparently his projects in Asia are in jeopardy and there is a possibility [more...]

Date: 2008-11-09 09:28:21

There are many good and useful companies out there that offer true debt relief and negotiation, but there are also many that are simply scam artists ... your bills into one monthly payment without borrowing" "STOP credit harassment, foreclosures ... on your creditworthiness. A bankruptcy stays on your credit report for 10 years, and can hinder your [more...]

Date: 2008-12-20 17:14:28

Your opinions requested! Plus Year 2, Week 30 Results: 1.9 oz of plastic waste.

Here's the weekly tally. But please read down to the bottom of the page. I have an Announcement, a Survey, and a Discount Coupon for you ... Direct, Safeco Insurance, credit card company, and Financial West Group. I think I've been doing ... and report back? And finally, To-Go Ware is offering a 40% discount coupon to everyone [more...]

Date: 2009-01-12 19:44:00

Global Investing Roundups Friday, December 19th, 2008

FedEx Announces Profit, Cost Cuts; Report: Wal-Mart to Sell iPhones; GM Denies Chrysler Merger Talks; Discovery Applying for Bank Status; ... reported. Credit card firm Discovery Financial Services (DFS) added itself to the list of companies ... ; Carnival Cruises to 4Q Profit FedEx Corp. (FDX) mixed bad news with good in its latest quarterly [more...]

Date: 2008-12-19 11:29:55

If It Stops Moving, Subsidize It

Naturally, now that government plans to intervene in the economy with a massive stimulus package, everyone wants their “fair” share. Robert D ... that wouldn’t be there otherwise.  A new report by the Information Technology and Innovation ... grid. And a Silicon Valley petition calls for a tax credit for companies that spend more than 80 [more...]

Date: 2009-01-06 03:15:11

Cebu Pacific Promos | Credit Cards

Just like Philippine Airlines (PAL) teamed up with Visa and Mastercard to offer Mabuhay Miles, Cebu Pacific Airline has entered into partnerships with several credit card companies to offer rewards to loyal clients. (Yay for me!) ABSCBN reports that cardholders of American Express, Bank [more...]

Date: 2008-12-30 18:43:35

Taking Home Mortgage Loans

by John Bear If you are looking to refinance your current mortgage, there are several options available for you ... refinancing would involve taking a new mortgage, mortgage companies require you to present various ... that an applicant wouldn’t just do anything bad to tarnish their perfect credit report. So they approve a no doc [more...]

Date: 2009-01-02 16:59:45

Today's Cartoon: Taking The High Road

According to Rasmussen Reports,a poll conducted on July 1, 2008 shows that Congress now has an all-time low favorable approval rating of 9%! ... for months to create a software "patch" released on Tuesday to repair the problem, which is in the way ... of businesses such as bank or credit card companies to trick them into disclosing account numbers [more...]

Date: 2008-07-09 21:49:43

Consumer Alert: Incredimail Fraudulent Charges

Please, anyone who visits my homepage: do not use, install, give money to, give credit card information to, or associate with this company.  I am so disgusted with them I’m about to report them to the BBB. First off, the program ... their contact form and still have not heard back from them. I had to call my bank and dispute the charge [more...]

Date: 2009-01-06 16:30:10

A consumer complaint about Consumer Reports

This story just drips with irony! 2 ... be trusted. No fault of theirs, my credit card number got out to some bad guys in Malta or Africa, and the credit card company detected it, contacted me as I was checking into a hotel in NY (by declining [more...]

Date: 2009-01-12 13:57:29

End of The Year Market Report for Charlottesville Region

Copyright RealCentralVA.com, LLC. If you are not reading this at RealCentralVA.com the site you see is likely stealing content ... ‘em … wait! yes he does , Auto Bailouts, Investment Banking Bailouts, Credit Card companies ... - - Interest rates are ridiculously low, and loans are absolutely still available. - It is a Buyer’ [more...]

Date: 2008-12-22 14:00:36

Bailout bio for American Express

American Express was founded in 1850 and is headquartered in New York, New York. It is known best for its global payments and travel operations. The Company’s principal products and services are charge and credit card products, and travel ... Documents | Federal contracts Lobbying reports | Political Contributions | Related Articles [more...]

Date: 2009-01-15 21:51:52

Fantasia’s House Auctioned Off Today!!

Posted by Bossip Staff Fantasia Barrino is losing her million dollar home while this article is being written up about her, and reports are saying she is in denial: CHARLOTTE, NC - Fantasia Barrino - who faces ... winner owes a Florida credit company $65,000 - money she borrowed in 2006 to pay back taxes she owed [more...]

Date: 2009-01-07 14:42:47

Media Digest 12/5/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Newspaper According to Reuters, car company executives went before Congress and pleaded for billions of dollars ... the November retail sales were as bad as feared. The Wall Street Journal reports that Credit Suisse revealed ... its forecasts. The Wall Street Journal writes that the car companies are taking their case to the web [more...]

Date: 2008-12-05 08:47:57

Toy Xylophones Recalled by The Land of Nod

Recalled Due to Choking Hazard WASHINGTON, D.C. - The U.S ... has received 22 reports of broken pegs. No injuries have been reported. Description: The recalled ... product away from children and return it to the company for a credit of the purchase price and a $10 [more...]

Date: 2009-01-15 17:42:55

Tuesday morning -- and we're in a recession

As Sacramento Bee reporter Dale Kasler noted in his lead paragraph this morning: "No kidding" ... that Henry Paulson and company don't know why credit markets have frozen. Is it because the banks ... a solution without knowing. Sample quote: “You cannot repair this economy if you can’t repair those [more...]

Date: 2008-12-02 13:54:33

Senate 'Bailout' Opens Door to Ending 'Fair Value' Accounting

Among the 451 pages of provisions contained in the Senate-approved Emergency Economic Stabilization Bill of 2008, which the House will debate today, ... , which allow companies and financial institutions to report the value of their assets on the price ... that have no market value have worsened the credit crisis, and changing them has been a priority for [more...]

Date: 2008-10-02 20:00:00

Fortune Frowns on Lying CEOs

Fortune Frowns on Lying CEOs Topics: corporations | ethics Source: Fortune, January 6, 2009 ... on pikes," reports Fortune magazine's Roger Parloff. "The question for the courts ... losses" on the company's credit default swaps portfolios less than three months before they posted [more...]

Date: 2009-01-16 03:45:33

December California Defaults up 100%

Mr Mortgage is a 20-year mortgage banking veteran, specializing in wholesale and correspondent sales and sales/operations management and bringing ... housing, mortgage and credit meltdown’ and company-specific events. He owns and is the primary ... to the Truth located at http://mrmortgage.ml-implode.com ~~~~ Mr. Mortgage: Dec CA Foreclosure Report [more...]

Date: 2009-01-16 17:15:46

Scarcity of Debtor-in-Possession Financing Forcing Earlier Bankruptcy Filings

In more normal times, when a company faces the risk of bankruptcy but believes it has a viable business, ... a $50 million letter of credit and continued use ... report on these adaptations suggested that they were a far less than ideal solution [more...]

Date: 2008-12-13 06:17:52

Redirection Report

Redirection Report July 16th, 2008 Brian Krebs had an interesting report over at the Washington Post that cited a report from Indiana ... around to fixing. Redirects are not fixed, XSS is not fixed. These issues still exist all over Google ... understanding this in the main stream media, but let’s not give credit to companies that are clearly [more...]

Date: 2008-07-16 22:47:06

Financial Dip Buyers Forget To Ask "What's Next?"

Bloomberg is reporting American Express Falls Most Since 9/11 on Net Decline. American Express Co., the biggest U.S. credit card company by purchases, fell the most in New York trading since the Sept. 11, 2001, terrorist attacks after earnings missed analysts' estimates and the lender withdrew its 2008 forecast [more...]

Date: 2008-07-22 16:19:46

Treasury’s Handling of the Bailout: “Bad News and Worse News”

This is how Barney Frank characterizes the the Government Accountability Office’s (GAO) first oversight report on Treasury’s administration of TARP (aka “$700 Billion Bailout” ... s decision to use TARP funds entirely to recapitalize banks and consumer-credit companies rather than [more...]

Date: 2008-12-11 18:51:33

Important Advice - Review Of Best Handbag Wholesale

Profile - Base Location: Unknown // USA - Registration Fee: None - Minimum Order: None - Payment Options: Credit Cards - Shipping Options: UPS ( ... company information (like the specific base location), but I haven’t found any scam reports [more...]

Date: 2009-01-15 16:05:36

Tories versus loan companies

Tory Housing Spokesman Grant Shapps recently published a report entitled Pay-Day for Loan Sharks which complains that companies lending small sums of ... 10,000% APR. The big conclusion here is that lack of competition in the Payday credit market ... , but if the government thinks that the problem will be solved by lower official interest rates then this re [more...]

Date: 2009-01-09 12:08:03

FDI: The Rise & Fall (& Policy)

Two headlines to consider: 1. “Foreign direct investment in China rises 23.6% in 2008” (MarketWatch) 2 ... , according to media reports Thursday. China drew in a record $92.4 billion of investment in 2008, Dow ... on company credit and profits may continue to discourage investment. The CSI 300 stock index [more...]

Date: 2009-01-15 10:18:20

Russia’s oligarchs queue for loans

Russian oligarchs are lining up for $78bn of Kremlin loans to survive the credit squeeze, handing Prime Minister Vladimir Putin the opportunity to increase government control of the nation’s biggest companies, reports Bloomberg. More than 100 business leaders are vying for loans [more...]

Date: 2008-12-22 05:32:23

Environmental Federal Register, Vol. 74, No. 8, January 13, 2009

Readers & Subscribers: Please see the Readers Note in the right column ... or company contribution by credit card (click here). Fill out the form (optional); insert "REGTrak ... . DOC/NOAA. U.S. Climate Change Science Program Draft Unified Synthesis Product Report: Global Climate [more...]

Date: 2009-01-13 12:22:00

Citibank Will Split Into Two Companies, Promises To Lend To Consumers [Citibank]

Vikram Pandit, CEO of Citigroup, announced today that the company would be split after reporting a net loss for 2008 of $18.72 billion. He also promised to put the money from the $700 bailout to work by extending credit to consumers ... the U.S. economy and consumers - expanding the flow of credit to U.S. households and businesses responsibly [more...]

Date: 2009-01-16 13:30:55

Kelly McParland: The frightening fortunes of the New York Times

There's an old witticism that goes something like: "A recession is when your neighbour loses his job. A Depression is when you lose yours ... plausible. Earnings reports released by the New York Times Company in October indicate that drastic ... we have had with lenders, we expect that we will be able to manage our debt and credit obligations as they [more...]

Date: 2009-01-14 15:30:00

Shapps Exposes Loan Sharks Who Charge 10,000% Interest

In times of economic crisis loan sharks come into their own ... between companies without losing their credit history and this will force down rates.This is a good ... . Today, Tory Housing Spokesman Grant Shapps is releasing a report, PAYDAY FOR LOAN SHARKS, which [more...]

Date: 2009-01-09 00:34:00

Business Is Booming for the Repo Man

At least it's not "Hot Shots: Part Deux" The Miami Herald reports that not everyone is taking the credit crunch as hard as kids in Britain: ... on this day, its loan hasn't been paid for months, with $200,000 overdue. I grew up in a Florida ... Fair story about the collapse of Bear Stearns, one person's (or company's) bad news, is another [more...]

Date: 2008-07-18 15:16:00

Private Equity Firms Expected to Show 20-30% Losses for 2008

OK, you gotta help me. Private equity is basically levered equity ... can PE companies (on average) possibly report returns that are better than equity averages ... in valuing their holdings. That alone should have a return-depressing effect. To its credit, the Financial [more...]

Date: 2009-01-07 05:01:00

Speculation: New York Times May File for Bankruptcy by... May?!?

—Ace It's more than just idle speculation. The Times is sitting on a lot of debt that comes due in that time-frame, ... assets forever. Earnings reports released by the New York Times Company in October indicate ... we have had with lenders, we expect that we will be able to manage our debt and credit obligations as they mature [more...]

Date: 2009-01-09 19:04:16

B of A reports loss, gets more cash

by Rolfe Winkler, CFA The TARP was phase 1 of the bank bailout: give the banks cash to rebuild their capital ... 1: the government is absorbing losses on bad assets themselves.  See Citi’s bailout in late November ... for credit-losses nearly tripled, while the company showed why it needed further help from the government [more...]

Date: 2009-01-16 15:09:12

The Days Of Selling For An Unreasonable Price Are Gone

The Rocky Mountain News reports from Colorado. “Caroline Hoyt, whose company next Saturday is opening the Casitas at Stapleton, ... contracts. We don’t accept contingencies. They all fell apart over credit issues.” “If you want [more...]

Date: 2008-09-15 21:01:45

Mixed Reactions to Cheaper Gas

As I reported last week, it’s still unclear what consumers may do now that oil and gasoline prices have plummeted. A bit of news from TradingMarkets ... since 1942. While this is bad news for car companies and dealers, it’s certainly boosts ... to get credit, and they have other financial priorities right now. … What we’re seeing is that lower [more...]

Date: 2008-10-29 23:28:00

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