The American consumer base is taking on more debt. While nowhere near a concern, the Federal Reserve released its July 2015 Consumer Credit report showing that credit rose by 6.7% on an annualized basis. This was up $19.1 billion from the prior month, and it marks a rising trend that has lasted for nearly four years now.



Evesham police were contacted by the driver of the truck who said he was delivering an abnormal amount of American Express Cards and thought he was being followed by an SUV.

Officers were able to locate the vehicle, and the driver, -- identified as Priamo Raphael Lopez-Toro, 40, of Patterson -- who reportedly gave then conflicting stories about why he was in the area and why he was following the truck, according to police.

When they searched the vehicle, officers said they found UPS packages addressed to residents in Evesham, as well as a sheet of paper with dozens of UPS tracking numbers on it.

ALSO:NJs only drive-in theater reminiscent of days gone by

After further investigation, police said they determined that the suspect was able to compromise peoples identities and used them to order credit cards. He then allegedly followed the delivery truck and picked up the packages once they were delivered.

Police contact all of the people linked to the tracking numbers and asked any additional victims to contact the Evesham Police Department.

Lopez-Toro was charged with four counts of third-degree credit card theft and was held in the Burlington County Jail in lieu of $10,000 full bail.

Alex Young may be reached at This email address is being protected from spambots. You need JavaScript enabled to view it.. Follow him on Twitter @AlexYoungSJT. Find the South Jersey Times on Facebook.



What happens when you find an inquiry on your credit reports and you don't think it's accurate? The typical response to a consumer's question about getting an inquiry removed from his or her credit report is, "It can't be done." While that's generally true, there are some exceptions, as our reader Kris learned.



  • Search is on after armed robbers take $200,000 from credit union
  • Police are searching for two armed men who stormed into the Hudson Heritage Federal Credit Union Newburgh branch just before it opened Monday morning and fled with over $200,000.


Fiveseniorinvestmentbankersareleaving Credit Suisse Group AG inAsia, people familiar with the matter said, amid moves by ChiefExecutiveOfficerTidjaneThiam to shift the Swiss bank's focus to managing money for the wealthy.

Among those who have decided to quit are David Cheng, the bank's head of corporate finance for Asia, and Jan Metzger, the Asia-Pacific head of technology, media and telecommunications investment banking, the people said, requesting anonymity because the matter is private.

Catherine Liu, a director and head of media and technology coverage for China, plans to leave Credit Suisse at the end of September and may join a technology company, the people said.