It’s a classic case of “what is wrong with this picture”: the Federal Reserve recently slashed it’s benchmark interest rate for the umpteenth time this year to 1%, it’s lowest level in years, yet many consumers are getting broadsided with higher rates and fees on their credit cards. So what gives?
The bottom line is, the [...]
Entries Tagged as 'increased credit card fees'
Feds Cut Rates, Yet Credit Card Rates Continue Upward??
December 9th, 2008 · No Comments · Banking, Consumer Debt, Credit Cards
Tags: banking fees·consumer spending·credit card fees·credit card rates·Credit Cards·higher fees·increased credit card fees·interest rate increases



