September 2009

Judge quashes woman’s £8,000 credit card debt in ‘landmark ruling’ on mis-selling of payment protection insurance (Daily Mail)

Judge quashes woman’s £8,000 credit card debt in ‘landmark ruling’ on mis-selling of payment protection insurance

Credit Card Debt Vexes Consumers But Debt Relief is Possible: Totaldebtrelief.net (PR.com)

There is increasing talk these days of the U.S. economy beginning to rebound, however credit card debt is still an issue affecting the lives of millions. Consumer advocate Totaldebtrelief.net offers solutions. [PR.com - September 30, 2009]

Need Innovative Tips to Get Rid of Credit Card Debt? 3 Tips You Can’t Afford to Ignore (PRWeb via Yahoo! News)

Can’t deal with the credit card debt any longer? Impact Debt Settlement Has Some Innovative Solutions

Moody’s, McGraw-Hill Rally After Piper Says Debt Sales Rebound (Bloomberg)

Sept. 29 (Bloomberg) — Moody’s Corp. and McGraw-Hill Cos. jumped in New York trading after Piper Jaffray Cos. said a rebound in debt sales will bolster earnings for the credit- rating companies.

Rivers Casino Credit Rating Lowered (KDKA Pittsburgh)

The Rivers Casino saw its credit rating lowered Monday due to weak operating performance and its ability to meet debt service payments if there is no change in fortunes.

CIT may nab $10 billion credit line (CNN Money)

The struggling lender is negotiating a deal that could help it pay off maturing debt and avoid bankruptcy.

Ontario to Sell Debt as Foreign Issuers Tap U.S. Bond Market (Bloomberg)

Sept. 29 (Bloomberg) — The Province of Ontario plans to sell dollar-denominated debt as foreign governments take advantage of open credit markets in the U.S.

L-3 refinances debt, sees credit-rating upgrades (Market Watch)

Credit-rating agencies Fitch Ratings and Moody’s Investors Service upgrade L-3 Communications Corp. debt after the aerospace and government contractor saiys it will refinance about $1.4 billion of its debt.

Consolidating credit cards- advice and warnings (KOLD News 13 Tuscon)

TUCSON, AZ (KOLD) — If you’re thinking about consolidating your credit card debt, first consider some advice to keep you from getting into more debt.

Windstream Seeks To Shake Up Debt, Credit Agreements (Arkansas Business)

Windstream Corp. of Little Rock announced Tuesday a debt offering of $400 million to finance the cash component of its recent acquisitions of D&E Communications Inc. and Lexcom Inc.

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