AmEx lures card-holders with $300 to give up their cards – domain-B
Wednesday, February 25th, 2009domain-B
AmEx lures card-holders with $300 to give up their cardsdomain-B, IndiaReports indicate that a substantial portion of the 158-million US card holders holding 1.5 billion cards have started defaulting, forcing banks to write down approximately $21 billion in bad credit loans in the first six months of the year. …
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