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Wells Fargo Credit-Card Rates To Rise Ahead of Law

First Posted: 3/18/10 Updated: 5/25/11

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Wells Fargo Credit Cards

bloomberg.com:

Oct. 7 (Bloomberg) -- Wells Fargo & Co. plans to raise interest rates on a majority of credit-card customers by 3 percentage points before new rules limiting such increases take effect, according to a company executive.

"This is something we've been contemplating for quite a period of time," Kevin Rhein, group head of card services for the San Francisco-based bank, said today in a telephone interview.

Read the whole story: bloomberg.com

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Oct. 7 (Bloomberg) -- Wells Fargo & Co. plans to raise interest rates on a majority of credit-card customers by 3 percentage points before new rules limiting such increases take effect, according to a...
Oct. 7 (Bloomberg) -- Wells Fargo & Co. plans to raise interest rates on a majority of credit-card customers by 3 percentage points before new rules limiting such increases take effect, according to a...
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