According to authorities in Flint, Michigan, a man was robbed after trying to purchase crack cocaine with a credit card. The man, who is actually under arrest for stealing a car, was caught by police after he reported the incident, in which the car and his credit card were stolen from him. The suspect, who is being held in Genesee County Jail, called police to report the theft of both items. According... 

In an effort to avoid new fee regulations being posted against sub-prime credit card issuing companies, First Premier Bank is enacting lower fees with a 79.9% interest rate. Many of the other sub prime lenders are sure to follow this direction as the law will go into effect with the coming new year. Many of these high risk credit card issuing companies have used the fee method of padding their pocket...