The Future of the Credit Card Industry

Major credit card issuers are now scrambling to rethink their business models in light of the recent passage of the Credit Card Reform Act legislation. This legislation will bring huge changes in the way that the credit card issuers profit. Because the credit card companies are so reliant upon charging high interest rates and fees, [...]

Capital One Financial Corp Reports A Record 4th Quarter Loss

Capital One Financial Corp. is the parent company of credit card behemoth Capital One. It also has recently gotten into the branch banking business by buying Louisiana based Hibernia and New York based North Fork Bancorp. They have also reached an agreement to buy Chevy Chase Bank which serves the Washington D.C. area. Capital One, [...]

Capital One Credit Cards

Capital One credit cards are preferred among consumers because of their wide range of choices designed to fit the specific needs of consumers. Additionally, Capital One offers an array of credit cards for people with not only excellent credit ratings, but average credit histories as well. Depending upon what you are looking for in a [...]