Credit Card Benefits and Drawbacks -

Home
>
Credit
>
Credit Card Benefits and Drawbacks

Credit Card Benefits and Drawbacks

Credit cards have both benefits and drawbacks. It is wise to consider both before applying for a credit card. While they can be very useful, credit cards can also be risky. Even people who are usually good with their money get into trouble with credit cards. A credit card can be useful, but may also end up putting you in a difficult financial situation if misused.

Here are some of the benefits of credit cards:

Withdraw cash 24 hours a day, anywhere in the world.

Buy online. It is the quickest and easiest way, and you are protected against credit card fraud.

Repay in regular instalments. Typically, these incur interest.

Usually, there is an interest-free repayment period, which you can use to repay your debt in full, interest-free.

One of the main benefits of using a credit card rather than a debit card is the protection provided by the Consumer Credit Act. This says that if you have problems with goods or services you can get your money back from the card issuer if you can't get it back from the supplier.

Some cards provide purchase protection insurance, which pays out if something you have bought with the card is lost, damaged, or stolen within ninety days of the date of purchase.

A credit card can cost nothing - if you pick a card that doesn't charge an annual fee and you always pay the bill in full every month.

A credit card can save you money if you choose one that earns you cash every time you buy something. How much cash you get back is calculated as a small percentage of the amount you have spent on the card. Some cards offer incentives other than cash - Air Miles or shopping vouchers, for instance.

Even if you do not pay your monthly bill in full, a credit card can be cheaper than running an overdraft on your current account, especially if your bank charges a monthly fee as well as interest when you overdraw.

Using a credit card can work out cheaper than using traveller's cheques or foreign currency to pay for things abroad. This is because the exchange rate used by card companies to convert foreign spending into sterling is better than normal tourist rates. However, because of credit card charges for cash withdrawals, a debit card is better if you want to use plastic to buy currency, whether over the counter or from a foreign cash-machine.

You can give to charity for free if you sign up for a charity credit card.

Credit cards are often cheaper than loans for short-term borrowing. You pay interest on the remaining debt, not the full amount - and there are no early redemption penalties.

Credit cards offer flexibility to match uneven income and expenditure patterns: you choose what to pay off each month, between the minimum and the total outstanding.

Their consolidated accounting enables one cheque to settle multiple transactions ? while all appear neatly on one pre-prepared statement each month.

There is an automatic 'interest free' period per statement period.

Credit cards enable remote purchasing via the internet, by telephone or mail order.

Credit cards can include additional benefits like insurance cover on purchases, cash-back, AirMiles, Nectar or Reward points, and holiday discounts.

Here are some of the drawbacks of using a credit card:

Credit cards can be unnecessarily costly.

Credit cards may be expensive for cash withdrawals

Credit cards may be expensive for foreign currency purchases.

Their credit limits can be insufficient for your requirements.

They encourage a 'pay now, worry later' mentality and make it too easy to get into debt.

Credit cards are very open to fraudulent use.

You may freely reprint this article provided the author's biography remains intact:

About The Author
John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the http://www.directonlineloans.co.uk website.

In The News:

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.cbsnews.com/stories/2008/10/07/business/main4505574.shtmlcid=1256884170ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNFyOJ7zEOvGBN64EGDhKdXSYlRTdQimg src=http://news.google.com/news?imgefp=YEgZEAZJ__YJimgurl=wwwimage.cbsnews.com/images/2008/10/07/image4505580g.jpg width=80 height=60 alt= border=1brfont size=-2CBS News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.miamiherald.com/business/story/722725.htmlcid=1256884170ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNGi-PxQb1zdr7AgWV5L30_FQypkQwTighter bcredit/b card limits add to woes/abrfont size=-1font color=#6f6f6fMiamiHerald.com,nbsp;FLnbsp;-/font nobr9 hours ago/nobr/fontbrfont size=-1Now bcredit/b cards may become the next focus of the bcredit/b crisis. BY FRED TASKER Maria Osorio, 62, of Sunrise, never meant to run up her bcredit/b cards the way b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://marketoracle.co.uk/Article6745.htmlcid=1256884170ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNH6EqoOrbAhfY1U33y8XTlXzni3jQbCredit/b Crisis Collapse What Happens Next?/a font size=-1 color=#6f6f6fnobrThe Market Oracle/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.sfgate.com/cgi-bin/article.cgi%3Ff%3D/c/a/2008/10/11/BUKF13F2FV.DTLcid=1256884170ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNEZ4PxOxQK-uKH1IcHHEJyW_wpQFAMarket news this week for strong stomachs/a font size=-1 color=#6f6f6fnobrSan Francisco Chronicle/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://news.mywebpal.com/news_tool_v2.cfm%3Fshow%3Dlocalnews%26pnpID%3D680%26NewsID%3D929859%26CategoryID%3D18764%26on%3D1cid=1256884170ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNFxKueP-gWAeYvltKVcy0y0XU_IrQRegional financial experts focus on lending; say bcredit/b crunch is b.../b/a font size=-1 color=#6f6f6fnobrRome News-Tribune/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.baltimoresun.com/business/investing/bal-bz.consumingblog11oct11,0,1767573.storycid=1256884170ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNFX_G5KQHuhCJmLYCGra9BqqPX__gnobrBaltimore Sun/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://ap.google.com/article/ALeqM5gXJkHBkXwQWtPp4EaKg_ly_7cM_AD93MJ5E01cid=1256884170ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNFIkw_VwTVL1NndGCEYSohszT1A1AnobrThe Associated Press/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1256884170hl=ennobrall 1,902 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.boston.com/business/markets/articles/2008/10/08/european_markets_tumble_after_asian_slide_1223463738cid=1256725157ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNEC2r2Zrotkr5x1mJMnITpfaznozwimg src=http://news.google.com/news?imgefp=HNWNHnac5CIJimgurl=cache.boston.com/resize/bonzai-fba/AP_Photo/2008/10/08/1223463671_3728/539w.jpg width=80 height=64 alt= border=1brfont size=-2Boston Globe/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.guardian.co.uk/commentisfree/2008/oct/12/marketturmoil-creditcrunchcid=1256725157ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNGOTUJ8sQbcaRLzCzWuXzBYEZt-OwWithout real leadership, we face disaster/abrfont size=-1font color=#6f6f6fguardian.co.uk,nbsp;UKnbsp;-/font nobr17 hours ago/nobr/fontbrfont size=-1There is a combination of a worldwide bank run, seizure of bcredit/b markets and collapse of asset values that could plunge the globe into a depression. b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://in.reuters.com/article/businessNews/idINIndia-35886720081010cid=1256725157ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNEopLLYe7D6dK_MlXHHqiRifHIaMAAsian bcredit/b default costs soar to record - traders/a font size=-1 color=#6f6f6fnobrReuters India/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.timesofmalta.com/articles/view/20081011/letters/easy-credit-and-financial-crisiscid=1256725157ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNGw9D2yfy89x-zcUutEHGSS6PeA7QEasy bcredit/b and financial crisis/a font size=-1 color=#6f6f6fnobrTimes of Malta/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.sbpost.ie/post/pages/p/story.aspx-qqqt%3DDAVID%2BMcWilliams-qqqs%3Dcommentandanalysis-qqqid%3D36632-qqqx%3D1.aspcid=1256725157ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNF_rh5NDhiM1IXIAbvAk6m0OplSSwBreaking the vicious circle/a font size=-1 color=#6f6f6fnobrSunday Business Post/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://afp.google.com/article/ALeqM5hbtpebF7qUxC6riKhTBH3gKK6dZAcid=1256725157ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNGf7e0P2clbMB5oqwAbXdtCsJJZwgnobrAFP/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://business.timesonline.co.uk/tol/business/columnists/article4925963.ececid=1256725157ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNFMsks4CBa3ts_f2mMpoDdI_4dm_QnobrTimes Online/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1256725157hl=ennobrall 1,221 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.boston.com/business/articles/2008/10/08/fed_orders_emergency_rate_cut_to_15_percentcid=1255009308ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNG8HbrTERSayNZQ0PE6EK9ux1hWDwimg src=http://news.google.com/news?imgefp=pJFc_D45VnYJimgurl=cache.boston.com/resize/bonzai-fba/AP_Photo/2008/10/08/1223450954_9314/539w.jpg width=80 height=49 alt= border=1brfont size=-2Boston Globe/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.sfgate.com/cgi-bin/article.cgi%3Ff%3D/c/a/2008/10/10/BU9413EVEC.DTLcid=1255009308ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNGK0TL_CIpLD3zVCj7U1N5O1JhzSQGlobal leaders seek answer to bcredit/b crisis/abrfont size=-1font color=#6f6f6fSan Francisco Chronicle,nbsp; USAnbsp;-/font nobrOct 10, 2008/nobr/fontbrfont size=-1At the same time, loan markets everywhere remained broken, especially the critical wholesale bcredit/b markets, in which financial institutions lend each other b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.youtube.com/watch%3Fv%3DFa_Zw2Ty_Xocid=1255009308ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNFrQxGLc9nPmYHCLkLzXz3NgIq-cgVideo: Bernanke: More Economic Pain Ahead/a font size=-1 color=#6f6f6fnobrAssociatedPress/nobr/fontobject width=448 height=356param name=movie value=http://www.youtube.com/v/Fa_Zw2Ty_Xo/paramparam name=wmode value=transparent/paramembed src=http://www.youtube.com/v/Fa_Zw2Ty_Xotype=application/x-shockwave-flashwmode=transparentwidth=448height=356/embed/objectbr/fontfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.atimes.com/atimes/Global_Economy/JJ11Dj03.htmlcid=1255009308ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNFjfcu5uXF3dQG9g61FnzN3hdBBxAMonetary Stalinism in Washington/a font size=-1 color=#6f6f6fnobrAsia Times Online/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.bizjournals.com/eastbay/stories/2008/10/06/daily30.htmlcid=1255009308ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNGvxoapb6cV_tB_9mDgS87jyW1vnAStocks down despite government moves to free up bcredit/b/a font size=-1 color=#6f6f6fnobrBizjournals.com/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.reuters.com/article/reutersEdge/idUSTRE4968I020081007cid=1255009308ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNHkEuEo3qHnbulVxKxshMKa4sPoqgnobrReuters/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.sfgate.com/cgi-bin/article.cgi%3Ffile%3D/c/a/2008/10/12/MNJ013F0VO.DTLcid=1255009308ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNFowKHS_TI11dPeB3MkskDVa7owYAnobrSan Francisco Chronicle/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1255009308hl=ennobrall 1,753 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.latimes.com/business/careers/work/la-fi-creditunionsbox12-2008oct12,0,3097669.storycid=1256110151ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNExRzTqmvYnlEc5JZ-UBJbPSys2RAIs my bcredit/b union safe?/abrfont size=-1font color=#6f6f6fLos Angeles Times,nbsp;CAnbsp;-/font nobr9 hours ago/nobr/fontbrfont size=-1By E. Scott Reckard, Los Angeles Times Staff Writer The government-run National bCredit/b Union Share Insurance Fund insures most deposits at bcredit/b unions, b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.dailyrecord.com/apps/pbcs.dll/article%3FAID%3D/20081012/BUSINESS/810120333/1003cid=1256110151ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNFtHbaupDTumeeaLgCTmBYLJLgfvAbCredit/b unions alternative to banks/a font size=-1 color=#6f6f6fnobrDailyrecord.com/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://voices.washingtonpost.com/thecheckout/2008/10/got_your_money_in_a_credit_uni.htmlcid=1256110151ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNHDdGTePShBRgia_1fcPNwz37XhfwGot Your Money in a bCredit/b Union? You Too Are Safe/a font size=-1 color=#6f6f6fnobrWashington Post/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.boston.com/business/articles/2008/10/10/in_tumultuous_financial_times_credit_unions_might_be_an_option_to_considercid=1256110151ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNHloisahyj8ek3qVFSxHKJOnHtVeQIn tumultuous financial times, bcredit/b unions might be an option to b.../b/a font size=-1 color=#6f6f6fnobrBoston Globe/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.jacksoncountychronicle.com/articles/2008/10/10/opinion/03letchrisinger.txtcid=1256110151ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNHjkGq3PTwoJCWHMWWsVcgXodCsSwnobrJackson County Chronicle/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.fayobserver.com/article%3Fid%3D306916cid=1256110151ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNEtiZTGQ9wyhjYcnQ5434Wv3fO90gnobrFayObserver.com/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1256110151hl=ennobrall 15 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.nytimes.com/2008/10/11/business/11credit.html%3Femcid=1256028374ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNHVwV1pqlPDOjNp7ivEVJy_S2ZwrAimg src=http://news.google.com/news?imgefp=7I1jyFQrzekJimgurl=graphics8.nytimes.com/images/2008/10/11/business/11lehman.190.jpg width=58 height=80 alt= border=1brfont size=-2New York Times/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.washingtonpost.com/wp-dyn/content/article/2008/10/10/AR2008101003050.htmlcid=1256028374ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNGMIDlAUKavHIa9v-3g08Rx5D7WrgLehman bCredit/b-Default Swap Payout Could Climb as High as $365 Billion/abrfont size=-1font color=#6f6f6fWashington Post,nbsp;United Statesnbsp;-/font nobrOct 10, 2008/nobr/fontbrfont size=-1By Heather Landy NEW YORK, Oct. 10 -- In what may shape up to be the most expensive payout ever in the bcredit/b-default swap market, sellers of insurance b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.ireport.com/docs/DOC-112180cid=1256028374ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNG0Ki9jdrG1ilhksmfCEokejcNn-gSTOP FINANCIAL WMD#39;S: bCredit/b Default Swaps/a font size=-1 color=#6f6f6fnobrireport/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DainXunmcK3kw%26refer%3Dhomecid=1256028374ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNGQf0kIBsCNWFBPMRhZMSK2LrzG9wLehman bCredit/b-Swap Auction Sets Payout of 91.38 Cents (Update1)/a font size=-1 color=#6f6f6fnobrBloomberg/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.nytimes.com/2008/10/11/business/11credit.html%3Femcid=1256028374ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNHVwV1pqlPDOjNp7ivEVJy_S2ZwrAInsurance on Lehman Debt Is the Industry’s Next Test/a font size=-1 color=#6f6f6fnobrNew York Times/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://uk.reuters.com/article/bankingfinancial-SP/idUKN1047512020081010cid=1256028374ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNFtngq5sztzOpV-9QvZezz0EGodCAnobrReuters UK/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.venturacountystar.com/news/2008/oct/12/unregulated-swaps-seen-as-big-factor-in-wall/cid=1256028374ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNENW4dAZ06nOLPACahz-S7sYzim4wnobrVentura County Star/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1256028374hl=ennobrall 231 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://sify.com/finance/fullstory.php%3Fid%3D14764116cid=1256517725ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNGQ2E284T-OcFI5DG_tOkNrAivZoQimg src=http://news.google.com/news?imgefp=KZJn5j1AWJEJimgurl=im.sify.com/sifycmsimg/sep2008/Finance/14757634_George_Bush_220.jpg width=80 height=55 alt= border=1brfont size=-2Sify/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20081011/g7_meeting_081011/20081011%3Fhub%3DCTVNewsAt11cid=1256517725ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNF5bM0_pFDQQiAXK21QSTEUGJBjpAIMF endorses G7 plan to fight global bcredit/b crisis/abrfont size=-1font color=#6f6f6fCTV.ca,nbsp;Canadanbsp;-/font nobr14 hours ago/nobr/fontbrfont size=-1The International Monetary Fund is backing a plan by Canada and the other G7 countries to fight the worldwide bcredit/b crisis, which continues to play havoc b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.guardian.co.uk/world/2008/oct/10/georgebush-creditcrunchcid=1256517725ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNFaloWNNX0zaKzgyH3B-KIWya0ZiwBush urges confidence in government#39;s ability to rein in bcredit/b crisis/a font size=-1 color=#6f6f6fnobrguardian.co.uk/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.kxmb.com/News/284670.aspcid=1256517725ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNGEyxv-XoBoWmEuPVNqo176XvWE_AbCredit/b crisis meetings...Stimulus bill...Baseball playoffs b.../b/a font size=-1 color=#6f6f6fnobrReiten Television KXMB Bismarck/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.rnntv.com/Global/story.asp%3FS%3D9163035%26nav%3Dmenu566_2cid=1256517725ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNEKLSCYUvkL2YjMlq_ltVev4g9sjQWorld powers pledge to combat bcredit/b crisis/a font size=-1 color=#6f6f6fnobrWRNN/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://scotlandonsunday.scotsman.com/business/Europes-leaders-hold-more-crisis.4583297.jpcid=1256517725ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNF62XMoa-SY8jvHB7d-gYXnWlXRVQnobrScotland on Sunday/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.news24.com/News24/World/News/0,,2-10-1462_2408555,00.htmlcid=1256517725ei=SiHySMruJY_u6gOdoYmmBAusg=AFQjCNFywKIpRjjZp0E4YW7L_T1pHo4zBwnobrNews24/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1256517725hl=ennobrall 2,101 news articles/nobr/a/font/div/font/td/tr/table

credit - Google News