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, [...]
Rewards Programs Are Getting Tighter With Their Payouts
It would seem that we are now seeing yet another effect of the current credit crisis in America. Credit card issuers are becoming ever more stingy when it comes to paying out on their rewards programs. There is a great deal of pressure on card issuers to reduce costs and one way to do so [...]