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Credit Card Rate Increases

Credit Card Rates: Banks Plan To RAISE Rates, Annual Fees

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Banks expect to tighten terms on credit cards in response to a new law that aims to protect consumers from sudden rate hikes, the F...

Obama Needs to Be Tough on Credit Card CEOs

Robert S. McElvaine | Posted 05.25.2011 | Business
Robert S. McElvaine

The American people do not want the unconscionable interest rate increases made "easier to understand" -- we want them reversed.

Keep the Bank Pirates on the Run

Robert S. McElvaine | Posted 05.25.2011 | Business
Robert S. McElvaine

President Obama seems to be hearing the growing outcry against the big bank pirates' declaration of war on the American people through their outrageous increases in credit card interest rates.

Banks Declare War on America

Robert S. McElvaine | Posted 05.25.2011 | Business
Robert S. McElvaine

These rate increases -- some to as high as 29 percent -- are exactly the opposite of what the bad economy needs for recovery.