Detroit woman charged in identity theft of at least $200,000
Detroit Free Press - Between September 2006 and this past March, a Detroit woman participated in a scheme that placed bogus charges of $12.95 each on the credit cards of 75 to 100 people daily, Michigan Attorney General Mike Cox charged Thursday. Krystal Owens of Detroit
Source: www.freep.com

Peter Boutell, Lending a Hand: This loan pays off sooner without
Santa Cruz Sentinel - As you write checks for food, utilities, credit cards, etc. your loan balance will gradually increase. By the end of the month you may have only been paying interest on an average daily balance of, say, $396,000 because the money in your checking
Source: www.santacruzsentinel.com

Indians learn a new shame - the debt collector
Daily Telegraph - His office is stuffed with complaints about credit cards and loans, which can pour in at the rate of up to 100 a day. Public indignation is mounting after reports of over-charging and loan recovery agencies using hooligans to harass defaulters. India
Source: www.telegraph.co.uk

Card use cuts into retailers' profits
Jackson Clarion-Ledger - Debit cards, which now outnumber credit cards in consumer use, are accepted in most places, including fast food restaurants, coffee shops, doctor's offices and boutiques. A report from the American Bankers Association shows that credit and debit cards
Source: www.clarionledger.com

An alternative way to gauge credit history
Allentown Morning Call - They often have no credit cards or checking accounts. Their main credit-related activities — rent payments, utilities payments, money-order transfers to relatives in their country of origin — are never reported to the national credit bureaus. Their
Source: www.mcall.com