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Capital One Sued Over Credit Card Ads

NEW YORK (Reuters) - Minnesota's attorney general has sued credit card issuer Capital One Financial Corp. (COF.N: Quote , Profile , Research ) , accusing the big U.S. credit card issuer of falsely advertising low rates and defrauding consumers. Attorney General Mike Hatch said Capital One nearly quadruples the rate i... : Capital One Sued Over Credit Card Ads

Credit cards

A credit card system is a type of retail transaction settlement and credit system, named after the small plastic card issued to users of the system. A credit card is different from a debit card in that the credit card issuer lends the consumer money rather than having the money removed from an account. It is also different from a charge card (though this name is often used to describe credit cards by the public) in that charge cards do not extend the user credit -- the charges must be... : Credit cards

Subprime loans

Have less than perfect credit? If you have bad credit, you may not qualify for a conventional loan or low down payment loans offered by FHA and VA. In this case, you may consider a subprime mortgage. Because of the higher risk associated with lending to borrowers that have a poor credit history, subprime loans typically require a larger down payment and a higher interest rate.If you have bad credit, you may not qualify for a conventional... : Subprime loans

Suddenly single

Suddenly single When her husband died suddenly at 58, JoAnn Russe found she knew little about her family's finances. February 18, 2005: 4:23 PM EST By Gay Jervey, MONEY Magazine NEW YORK (MONEY Magazine) - In 1978, JoAnn Russe was a 21-year-old secretary and part-time waitress who dreamed of hav... : Suddenly single

GE Raises Earnings Estimate; Stock Up

BOSTON (Reuters) - General Electric Co. (GE.N: Quote , Profile , Research ) on Thursday raised its first-quarter earnings per share forecast by a penny, citing strength across its businesses and proceeds from the sale of 80.5 million shares of Genworth Financial Inc. (GNW.N: Quote , Profile , Research ) stock in a secondary offering. Shares of GE, which is considered a bellwether for the U.... : GE Raises Earnings Estimate; Stock Up
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