International Business News - Credit http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Capital One Financial Corp's U.S. credit-card defaults fell in August, reinforcing signs that, despite job losses and the housing crisis, American consumers may not be in as bad shape as feared. http://www.ibtimes.com/articles/20090915/capital-one-credit-card-defaults-fall-august.htm Tue, 15 Sep 2009 08:14:27 EDT Credit default swaps on Textron Inc's Textron Financial Corp tightened sharply on Monday after Textron announced tender offers on up to $650 million in debt. http://www.ibtimes.com/articles/20090914/textron-credit-default-swaps-tighten-after-tender.htm Mon, 14 Sep 2009 15:39:12 EDT Sprint Nextel Corp hopes to lure customers from rival service providers with a special $100 service credit for new subscribers who buy Palm Inc's Pre, essentially giving the device a 50 percent price cut a few months after it started selling the phone. http://www.ibtimes.com/articles/20090908/updatesprint-offers-100-credit-pre-users.htm Tue, 08 Sep 2009 13:45:23 EDT Credit Suisse downgraded American International Group Inc to "underperform" from "neutral," saying near-term sale of businesses would leave little to no value for common equity holders. http://www.ibtimes.com/data/articleimgs/219921-.jpg http://www.ibtimes.com/articles/20090908/credit-suisse-cuts-aig-underperform-halves-target.htm http://www.ibtimes.com/articles/20090908/credit-suisse-cuts-aig-underperform-halves-target.htm Tue, 08 Sep 2009 10:36:42 EDT China's export-dependent solar panel makers are seeing a glimmer of light at the end of the tunnel after a difficult year fighting a global credit squeeze and a spate of project delays, a senior industry executive said. http://www.ibtimes.com/data/articleimgs/219900-.jpg http://www.ibtimes.com/articles/20090908/solar-credit-crunch-ease-next-trina.htm http://www.ibtimes.com/articles/20090908/solar-credit-crunch-ease-next-trina.htm Tue, 08 Sep 2009 08:41:23 EDT U.S. consumers satisfaction with credit cards plummeted in 2009, driven by anger due to fees and higher interest rates, according to a J.D. Power and Associates poll released on Tuesday. http://www.ibtimes.com/data/articleimgs/219513-.jpg http://www.ibtimes.com/articles/20090901/us-credit-card-satis-faction-down-amid-higher-rates-poll.htm http://www.ibtimes.com/articles/20090901/us-credit-card-satis-faction-down-amid-higher-rates-poll.htm Tue, 01 Sep 2009 07:34:03 EDT Citigroup Inc said on Monday it sold three credit card portfolios representing $1.3 billion in managed assets, as part of a plan to unload weak businesses and troubled assets that caused huge losses. http://www.ibtimes.com/articles/20090831/citigroup-sells-three-credit-card-portfolios.htm Mon, 31 Aug 2009 14:57:16 EDT U.S. credit card defaults declined in July after five straight months of record highs, suggesting the ability of cardholders to pay bills could be stabilizing, Fitch Ratings said on Monday. http://www.ibtimes.com/data/articleimgs/219468-.jpg http://www.ibtimes.com/articles/20090831/credit-card-defaults-fall-july-from-june-fitch.htm http://www.ibtimes.com/articles/20090831/credit-card-defaults-fall-july-from-june-fitch.htm Mon, 31 Aug 2009 11:13:54 EDT A credit score can tell a lender a lot about a prospective borrower, but so can the borrower's looks, a new study says. http://www.ibtimes.com/data/articleimgs/210743-credit-card.jpg http://www.ibtimes.com/articles/20090313/creditworthiness-may-be-linked-looks-study.htm http://www.ibtimes.com/articles/20090313/creditworthiness-may-be-linked-looks-study.htm Fri, 13 Mar 2009 23:50:14 EDT