Dear Congress – Thanks For Doubling My Credit Card Interest Rate
Congress Takes Bow For Credit Card Act of 2009 The Credit Card Act of 2009 was intended to curb certain practices of the credit card industry that were deemed abusive to consumers. With a great deal of [...]
Pay Back Time For Credit Card Companies
Card Company Practices Draw Heat The credit card industry has drawn considerable attention in Washington. It’s the kind of attention that the card industry did not want but probably deserves. In an effort to reduce mounting credit [...]
Capital One’s Losing Strategy
The Trust Dilemma It is widely known that the credit card industry has serious problems. Defaults are reaching all time highs as unemployment and high consumer debt levels impede borrowers’ ability to repay their debts. Defaults [...]
