A crackdown on store card giant GE Capital exposed details of the discount offers that card companies extend to some struggling customers.
Card issuers don’t like to talk about the issue — why negotiate in public? — but the store-card issuer’s consent order from the Consumer Financial Protection Bureau revealed the terms that Synchrony offered some of its debt-strapped customers.
An ailing economy means emptier mailboxes. Financial service companies — and especially credit card issuers — have sharply cut back their direct mail offers according to research released Tuesday.
The New Year brings a new federal regulation that will help prevent more telemarketers from pestering you with offers during the dinner hour at home, spamming your email boxes or clogging your home mailbox with junk mail.