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S&P Teleconference: Ford Motor Co.'s $15 Billion Senior Secured Credit Facilities Rated 'B' (Recovery Rating: 2) (PR Newswire via Yahoo! Finance) - Standard & Poor's Ratings Services said it assigned its 'B' bank loan rating and '2' recovery ratings to Ford Motor Co.'s proposed $15 billion senior secured credit facilities, which consist of an $8 billion revolving credit facility and a $7 billion term loan B facility.. Eliminate Credit Card Debt (Sleepy Eye Herald Dispatch) - (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.. Fitch Rates $1.35B BA Credit Card Trust, BAseries Class A(2006-14) Notes 'AAA' (FinanzNachrichten) - Fitch assigns a rating of 'AAA' to the $1.35 billion class A notes issued by the BA ( Nachrichten ) Credit Card Trust (formerly known as MBNA Credit Card Master Note Trust) through the BAseries (formerly known as MBNAseries).. Fitch Rates $1.35B BA Credit Card Trust, BAseries Class A(2006-14) Notes 'AAA' (Business Wire via Yahoo! Finance) - NEW YORK----Fitch assigns a rating of 'AAA' to the $1.35 billion class A notes issued by the BA Credit Card Trust through the BAseries . The class A notes have a floating-rate coupon of one-month LIBOR plus 0.06% per year payable monthly with an expected maturity date of Nov. 15, 2013.. 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.. Bad Credit Loans (Rebuz) - If you have defaulted on a loan or missed a credit card payment, you could easily be regarded as a bad credit risk by financial companies.. U.K. Bankruptcies Soar as Loans, Card Debt Top $6,800 a Person (Bloomberg.com) - Dec. 1 (Bloomberg) -- Roland Snooks couldn't resist a good deal on a loan, and for 11 years, banks including Egg Plc and Abbey National Plc were happy to feed his habit.. Suspected Credit Card Thieves Use New Strategy (WESH via Yahoo! News) - As sure as Santa is in the mall this time of year, thieves are coming up with new ways to steal.. Barclays on track to bank £7bn despite rise in credit card debt (The Scotsman: Business) - BARCLAYS, Britain's third-biggest bank, today opened the banking update season with news that it expected full-year profit to be up by around a third, giving it a haul for the year of close to £7 billion.. British personal debt nears `Time Bomb’ levels (The Economic Times) - Jon Menon and Ben Livesey LODON: Roland Snooks couldn’ resist a good deal on a loan, and for 11 years, banks including Egg and Abbey National were happy to feed his habit..