CREDIT CARD REFORM BILL TRIES TO HELP CASH-STRAPPED CUSTOMERS, BUT COMPANIES HAVE NEW WAYS TO BOOST PROFITS
Credit card companies are socking it to consumers left and right. They’re hiking interest rates to as much as 36% and doubling minimum monthly payments, frustrating customers who are already cash-strapped and credit-crunched.
Filed under News, credit cards, nmm-blog by on Nov 18th, 2009. Comment. 
STEPHANIE S. RECENTLY RECEIVED ONE OF THOSE LETTERS THAT CREDIT CARD ACCOUNT HOLDERS DREAD; her 11% rate had been raised to 29.99%. And when she called Citibank to complain, she was placed squarely between a rock and a hard place. Accept the higher rate, she was told, or close the card and accept the damage to her credit score.
Filed under News, credit cards, nmm-blog by on Nov 17th, 2009. Comment.
NO MORE Mortgage is dedicated to your financial success
NO MORE Mortgage would like to offer tools and websites it feels that its customers can benefit greatly from.
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It’s as simple as asking yourself, why overspend? Given the vast number of complex offers and plans, such as those [...]
Filed under Financial Tools, credit cards by on Aug 17th, 2009. Comment.
