Business Week: The next meltdown – credit cards?
Business Week has this story posted at MSN Money: The next meltdown – credit cards?
A snippet:
To get ahead of rules that would hamper their ability to re-price accounts, for example, many companies are jacking up interest rates. A survey of major issuers by advocacy group Consumer Action found that 37% of companies had raised rates across the board, even for borrowers with relatively pristine credit records.
The MonroeTalkers are chatting about this story.
Posted: October 28th, 2008 under Credit cards and credit reports, In the News, MonroeTalks.
Comments: none
Write a comment