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Tag Archives: debt

Amex paying $112.5M in late-fee settlements

WASHINGTON — American Express is paying $112.5 million in refunds and fines to settle regulators’ accusations that it charged unlawful late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services. The ...

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Top court’s financial disclosures provide snapshot (access required)

Six of the seven judges on Maryland’s top court own more than one home, two are carrying more than $10,000 in non-mortgage debt, two have car payments and one is ruing a bad investment from 25 years ago.

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Consumer borrowing rises, but credit card debt down

WASHINGTON — Americans cut back on credit card use in June, a sign that high unemployment and slow growth have made some more cautious about spending. Still, total consumer borrowing increased as many kept taking out loans to buy cars ...

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Creditors appeal Tribune bankruptcy plan approval

DOVER, Del. — Unhappy creditors are challenging a federal judge’s approval of Tribune Co.’s plan to emerge from bankruptcy, asking that it be put on hold until their appeals are heard. Separate appeals were filed late Monday by Aurelius Capital ...

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