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Credit market 'bubble' may be at bursting point (international herald tribune)
War pestilence leveraged buyouts and the collapse of the U.S. subprime mortgage market have all been unable to derail the rally in corporate debt. But as the reasons for concern accumulate strategists are starting to reach for their bear suits. Asia credit-noble group credit hurt by high debt, cash flows (reuters via yahoo! asia news)
HONG KONG May 16 Reuters - Commodity trader Noble Group posted record quarterly sales and solid profit growth but its latest results have not excited credit analysts who are more worried about cash flow and high levels of debt. Congress takes aim at credit card debt (cbs news)
Legislation proposed Tuesday would outlaw some credit card billing and interest rate practices that critics say confuse consumers and can push them deeper into debt. The credit verdict
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ARA - Tired of feeling like youre living from paycheck to paycheck Have interest charges driven your credit card balances so high you feel like youll never get out of debt If so youre not alone. Debt restructuring with poor credit (bankrate.com via yahoo! finance)
Remember that youre betting your house that you wont go into debt again says Dr. Don. Don't refinance your home to pay off credit card debt - there's a better way (palladium times)
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American Reporter - BRADENTON -- As a little-known consequence of the new bankruptcy legislation sponsored by congressional Republicans and recently signed by President George W. Bush many banks and credit card companies can now double the minimum payments on credit Credit-card companies may face new federal limitations
Battle Creek Enquirer - With Americans owing approximately 850 billion in consumer debt youd think credit-card companies wouldnt need to resort to questionable practices to pump up profits. But a recent U.S. Senate subcommittee investigation found that consumers often Leveraged finance associate /debt capital markets - new york, ny
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