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Credit Cards Fees: Banks Implement New Fees, Higher Rates Ahead Of New Laws

First Posted: 03/18/10 06:12 AM ET Updated: 05/25/11 04:05 PM ET

Credit Card Fees
Banks Are Implementing New Fees And Higher Rates On Credit Cards Before New Regulations Take Effect In February

ABC News:

Consumer advocates say the race is on, as banks and credit card companies look for ways to make up the estimated $50 billion they're about to lose when new credit card rules take effect.

But now, in many cases, those advocates say, the banks are targeting consumers' credit cards to make up their losses.

Read the whole story: ABC News


Filed by Grace Kiser  |