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January 04, 2009

US Credit Card Issuers Willing to Deal Over Consumer Debt

In an article titled "Credit Card Companies Willing to Deal Over Debt", Eric Dash writes for the New York Times that "even as many banks cut consumers’ credit lines, raise card fees and generally pull back on lending, some lenders are trying to give customers a little wiggle room." Industry experts say there's never been a better time for consumers to try to negotiate a partial payment on their debt with their credit card issuers.

Headline News - January 4, 2009

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.

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