MP slams prepaid credit cards in House of Commons

Labour MP Geraint Davies has presented a bill in the House of Commons demanding an end to anonymous prepaid credit cards and proposing fines for credit card companies whose products are used to purchase child abuse images.

STC Launches the New (SAW 25) Sim Card

29 July 2010 As part of its customer focused policy and continuous efforts to meet customers' needs and desires, STC announced the release of a new 3G Sim card under the name "SAWA 25". The new Sim card's price is SR 25 with SR 25 free credit at initiation.

Citi® Extends Industry-leading Commercial Card Global Footprint: Launches Local Currency Commercial Card Program in ...

NEW YORK, LONDON & JOHANNESBURG----Citigroup today announced that its Global Transaction Services business has further extended its local commercial card issuance capabilities to South Africa This is the 50th market where Citi has launched its global card offering in recognition of ongoing client demand and the first step in Citis strategy to expand its innovative card offering in South Africa.

Your credit card rewards? Brought to you by poor, cash-payers.

A Federal Reserve study finds that low-income households -- more likely to pay in cash -- foot the bulk of credit-card use and rewards programs for the rich. Authors call it a "regressive transfer of income from low-income to high-income consumers."

Credit 101 for college freshmen

Pell City If youve got teenagers heading off to college soon, I hope youve done a good job educating them about the importance of personal financial responsibility and how to build a strong credit history. If not, better do it now.