Word: cards
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...Master Card...
...House committee members or master-approved monitors will supervise the carding. Masters and tutors will not card...
First, the University must establish a sensible carding system. One proposal advanced is the use of an official University I.D. or booze card. However, this would most likely create a messy bureaucracy with students piling into the registrar's office on their birthday. A better solution would be to allow students to use their drivers' licences or other official forms...
Banks say that they must charge high rates because the level of fraud and defaults makes credit-card lending risky. They also contend that consumers give little thought to the interest costs. Nearly a third of all cardholders pay their balances within 30 days and thus avoid credit charges...
Nonetheless, U.S. bankers are now considering whether to reduce their card rates in response to Manufacturers Hanover's move. Said Leo Mullin, executive vice president of First National Bank of Chicago, which charges 19.8%: "We are always looking at the variable features of the card business." In California, Bank of America, which also charges 19.8%, said its rates were under review. But one Midwestern banker privately doubted that many institutions would reduce their charges soon. "Why should they?" he observed. "They're growing fat on interest income, and until competitive pressures force a cut, they're not going to give...