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In early July 2002, most NextCard credit card accounts were closed. A small portfolio of credit cards that were issued to those with low credit scores was sold to Merrick Bank of Utah, who then increased the annual percentage rates (APRs) and fees. In 2003, NextCard was liquidated with liabilities of nearly $470 million and realizable assets of ...
Since its inception in 1992, North American Bancard has grown into the 6th largest non-bank merchant acquirer in North America. In 2008, the Michigan Economic Development Corporation (MEDC) recommended the Michigan Economic Growth Authority (MEGA) approve a $21.5 million state tax credit to NAB.
Barclaycard (/ ˈ b ɑːr k l i k ɑːr d,-l eɪ-/; stylized as barclaycard) is a brand for credit cards of Barclays PLC. As of 2010, Barclays had over ten million customers in the United Kingdom.
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TSYS Signs Long-Term Payments Agreement with Merrick Bank COLUMBUS, Ga.--(BUSINESS WIRE)-- TSYS (NYS: TSS) today announced the signing of a long-term agreement with Merrick Bank, a...
A business reported a fraudulent transfer of money from the company’s bank account. Multiple unauthorized purchases were reportedly made against a victim’s credit card account at a local store.
How Credit Cards Can Make Your Household Budget Work Better - Merrick, NY - Using a credit card can help your family better track monthly expenses. Here's how one couple did it the smart...
VALLEY STREAM, NY - A Merrick man was recently arrested for using fake lines of credit and checks to steal $19,500 from an account at a Valley Stream bank twice last month, according to Nassau Police.
An industrial loan company ( ILC) or industrial bank is a financial institution in the United States that lends money, and may be owned by non-financial institutions. They provide niche financial services nationwide.
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