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Eliminate Credit Card Debt Derby Daily Reporter (ARA) - You've heard the old adage, pay down your credit card debt each month to avoid the nasty interest rate charges and fees that result from revolving balances. Taishin Fincl Credit Card Quality Weak - MS New Ratings 0231 GMT [Dow Jones] STOCK CALL: Taishin Financial's (2887.TW) earnings likely to recover slower than peers, hurt by bigger exposure to unsecured lending and high-risk cash card loans, says Morgan Stanley; adjusts 2007 earnings downward to reflect further provision required. The Credit card Generation Daily News PLASTIC MONEY: This month is a wonderful time of the year for one of the banking industry's lucrative businesses: credit cards. In the coming weeks, thousands of urban Sri Lankans will reach into their wallets and use plastic to buy billions worth of holiday gifts. But, at what cost? Business Insight The Salt Lake Tribune Kirk Herath, chief privacy officer for Nationwide Insurance How much of a problem is ID theft around the holidays? With increased shopping and credit card use, the holiday season presents a prime opportunity for identity thieves to steal consumers' financial information. The more consumers buy, the more often their financial information is a risk. Credit-card top rate raised Bangkok Post Maximum interest rates for new credit card users will increase to 20% per year from 18% starting next month, the Bank of Thailand announced yesterday. Students charged with credit card theft The Daily Targum Two University students were charged Monday for the alleged theft and fraudulent use of credit cards, following a string of reported thefts from the Sonny Werblin Recreation Center on Busch campus. Police charged Livingston College senior Badal Nagin Patel and Suhit Bhupendra Patel, who is a student in the Ernest Mario School of Pharmacy. Bank chief King says families risk losing everything to debt Evening Standard A strong warning that people are running up "desperate" levels of personal debt has been sounded by the governor of the Bank of England. Mervyn King said the speed with which some families were amassing unsecured liabilities such as credit card bills was putting them at risk of losing everything. Avoid the Loan Sharks The Motley Fool Convenience comes at too big a price. Refinancing won't solve debt problems Bankrate.com via Yahoo! Finance Tapping equity to refinance a mortgage will wipe out credit card and student loan debt, but it creates new problems if you keep on spending, says the Debt Adviser. Savings levels and rates should rise in 2007 Bankrate.com via Yahoo! Finance If the economy slows, as many expect, savings rates should rise. A potential rate war could fuel the fire.
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