Word: crediteers
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...Read "The Real Problem with Credit Cards: The Cardholders...
Charge cards have been around since the 1920s, when service stations, department stores and hotel chains began offering them to automobile-loving consumers who didn't want to trek back to their hometown bank to get cash. But it wasn't until the postwar boom of the 1950s that credit cards really caught on. In 1950, Diners Club issued its first card--made of cardboard--for use in 27 restaurants in New York City. A year later, nearly 20,000 Americans carried it in their wallet. American Express, which had specialized in traveler's checks, created its card...
...consumer data to unearth the most lucrative "revolvers," those who often carry high balances but are unlikely to default. Critics say contracts today, with their ever shifting terms and complex legalese, have helped customers get into more debt than they bargained for. Though Congress shelved earlier proposals for a credit-card holders' bill of rights, a new version was introduced in January, and this time, economic hardship coupled with populist outrage could translate into legislative change...
Members of the Harvard Republican Club staged a small protest in front of the Science Center yesterday to push for the University to change its policies on students in the Reserve Officers’ Training Corps, who currently do not get course credit for ROTC classes taken at MIT. [SEE CORRECTION BELOW...
...protesting students said their goal was not a return to campus for ROTC, but rather that the University begin giving course credit for ROTC classes. [SEE CORRECTION BELOW...