Consumer Finance Hub
Consumer Finance Hub Real Issues. Real Answers.









SEARCH:




FEATURED PRODUCT






  Consumer Credit Templates

Climb to the top of the priority list. Everyone that seeks to deal with debt collectors or credit bureaus should be armed with this template package. This collection of letter and fax templates is a powerful means to dealing with all three credit bureaus and debt collectors
[more...]

Price: Free

download today



FEATURED SERVICE






  Mortgage Refinance

Learn your options with regard to refinancing the existing loan to lower your monthly payment, lower the interest rate, pull cash out or shorten the term of your existing home loan, we can match you with a home loan program that meets your specific needs. Our nationwide network of home loan and mortgage refinance professionals have access to literally hundreds of loan programs perfectly suited for those with less than perfect credit.

free consultation



HOME COMPANY SERVICES PRODUCTS RESEARCH
Home
Company
Services
Products
Research










Credit Research News















HOME :: RESEARCH :: CREDIT :: NEWS:: APR 2008

GAO: Millions wasted on gov't cards


Federal employees charged millions of dollars for Internet dating, tailor-made suits, lingerie, lavish dinners and other questionable expenses to their government credit cards over a 15-month period, congressional auditors say.

A report by the Government Accountability Office, obtained Tuesday by The Associated Press, examined spending controls across the federal government following reports of credit-card abuse at departments including Defense, Homeland Security and Veterans Affairs.

The review of card spending at more than a dozen departments from 2005 to 2006 found that nearly 41 percent of roughly $14 billion in credit-card purchases, whether legitimate or questionable, did not follow procedure - either because they were not properly authorized or they had not been signed for by an independent third party as called for in federal rules to deter fraud.

read entire article on Miami Herald

:: back to Credit Research News ::




















HOME  ::  COMPANY  ::  SERVICES  ::  PRODUCTS  ::  RESEARCH
Consumer Finance Hub © 2008  ::  Privacy Policy  ::  Legal Disclaimer

Powered By: Web Services and SOA