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Credit Card Rates

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

AP | JEANNINE AVERSA | Posted 11.09.2009 | Business

Read More: Credit Card Reform, Credit Card Companies, Credit Card Rate Increases, Federal Reserve, Banks, Credit Card Rates, Credit Cards, Prime Borrowers, Credit Card Industry, Credit Card Fees, Business News

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...

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Dodd Wants Immediate Credit Card Rate Freeze

AP | ANNE FLAHERTY | Posted 10.26.2009 | Business

Read More: Credit Card, Credit Card Rates, Credit Card Rates Freeze, Chris Dodd, Banks, Credit Cards, Business News

WASHINGTON — Senate Banking Committee Chairman Chris Dodd, who is fighting for his political survival, proposed Monday an immediate interest rat...

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Credit Card Companies Are Sending Out Early Holiday Gifts

Eva Norlyk Smith, Ph.D. | Posted 10.20.2009 | Business

Read More: Credit Card Reform, Credit Cardholders Bill of Rights, Credit Card Bill, Credit Card Companies, Credit Card Rates, Credit Cards, Credit Card Debt, Citigroup, Credit Card Fees, Business News
Eva Norlyk Smith, Ph.D.

While Congress is calling on credit card companies to stop hiking interest rates before the new Credit CARD act goes into effect, Citigroup just sent me a letter with a monstrous interest rate hike.

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Wells Fargo Credit-Card Rates To Rise Ahead of Law

bloomberg.com | Peter Eichenbaum | Posted 10.07.2009 | Business

Read More: Credit Card Rates, Credit Cards, Credit, Wells Fargo, Barney Frank, Business News

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 l...

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Bank Of America Won't Hike Card Rates

Washington Post | Nancy Trejos | Posted 10.07.2009 | Business

Read More: JP Morgan Chase, Interest Rates, Chase, Default, Bofa, Bank of America, Credit Card Rates, Dodd, Congress, Obama, Barack Obama, House Financial Services Committee, Business News

Bank of America said it will not raise credit card interest rates before February, when a law restricting industry practices takes effect, unless a ca...

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7 Ways Credit Cards Can Rob You Blind

minyanville.com | Scott Reeves | Posted 08.07.2009 | Business

Read More: Credit Card Reform, Credit Card Rates, Mastercard, Visa, American Express, Bank of America, Credit Card, Credit Card Debt, Business News

It's difficult to rent a car or buy a plane ticket without a major credit card like Visa (V), MasterCard (MA), or American Express (AXP)....

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Credit Card Delinquency Rates Up 11% Over Last Year

Jun. 8, 2009 | Julianne Pepitone | Posted 07.09.2009 | Business

Read More: Credit Card Debt, Credit Cards, Credit Card Delinquencies, Credit Card Rates, Transunion, Business News

NEW YORK (CNNMoney.com) -- Credit card delinquency rates jumped 11% in the first quarter, possibly indicating that consumers are using tax refunds to ...

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Why Are Bankers Still Being Treated As Beltway Royalty?

Arianna Huffington | Posted 05.31.2009 | Politics

Read More: Credit Card Bill, American Banking Association, Mortgage Bankers Association, Chrysler Bankruptcy, Chrysler Banks, Credit Cardholders Bill of Rights, Chrysler, Bankers, Credit Card Rates, Credit Cards, Financial Services Roundtable, Cramdown, Senate Cramdowns, Dick Durbin, Carolyn Maloney, Transparency, Politics News
Arianna Huffington

How do the same banks that have repeatedly come to Washington over the last eight months asking for billions to rescue them from their catastrophic mistakes, somehow still "own the place"?

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Obama Credit-Card CEOs Meeting: President To Push New Rules

AP | BEN FELLER | Posted 05.24.2009 | Politics

Read More: Credit Card, Obama Wall Street, College Student Credit Cards, Federal Reserve, Obama, Credit Card Rates, Congress, Obama's First 100 Days, Obama Economy, Credit Cards, Barack Obama, Credit Card Bill of Rights, Politics News, Obama Credit Card Abuses, Credit Card Industry, Credit Card Companies, Credit Card Debt, Economy, Obama Credit Flow, Politics News

WASHINGTON — President Barack Obama said Thursday he is determined to get a credit-card law that eliminates the tricky fine print, sudden rate i...

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House Committee Passes Bill To Limit Credit Card Fees, Rate Increases

CNN Money | Posted 05.23.2009 | Politics

Read More: Credit Card Rates, Credit Card Debt, Credit Cards, House Financial Services Committee, Credit Card Fees, Politics News

A key House panel on Wednesday advanced a bill to crack down on credit card interest rates and fees amid signs the Obama administration will try to to...

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Obama's Credit Card Dog Day Afternoon

Stuart Whatley | Posted 05.22.2009 | Politics

Read More: Congress, Obama Wall Street, Credit Card Companies, Economy, Credit Card Bill of Rights, Federal Reserve, Credit Card Rates, Obama, Credit Card Debt, Credit Cards, Obama Economy, Barack Obama, Obama Credit Flow, College Student Credit Cards, Obama Credit Card Abuses, Credit Card, Credit Card Industry, Politics News
Stuart Whatley

In the current system, credit card companies do not provide an essential service anymore; it's more a societal stranglehold -- a gun to the head of the middle class.

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Looking for Bailout Love in All the Wrong Places

Don McNay | Posted 04.03.2009 | Business

Read More: Citigroup CEO, Wall Street Bailout, Hank Paulson, Wayne Rogers, Lobbyists, Credit Card Rates, Todd Thomson, Fox Business Network, Common Sense, Aig, Citigroup Rescue, Bailout, Insurance, Maria Bartiromo, Hank Greenberg, Mash, Kentucky, Lexington KY, Personal Finance, Credit Card Industry, New AIG Bailout, Bad People, Maurice "Hank" Greenberg, Auto Insurance, Cnbc, AIG Bailout, Don McNay, Credit Card Debt, Credit Cards, Insurance Companies, Insurance Industry, Robert Rubin, Debt Collectors, Citigroup Stock, Credit Card Interest Rates, Wall Street Crisis, Citigroup Bailout, Good People, American Insurance Group, Bad-Deals, Ron Shelp, Good-Deals, Citigroup, Bailout Outrage, Business News
Don McNay

Citigroup and AIG employ thousands of good people. But they have had rotten apples in leadership. They created a culture that is probably impossible to change or fix.

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Arthur Delaney

HuffPost Readers Share Credit Card Laments; Banks Blame Economy For Rate Hikes

HuffingtonPost.com | Arthur Delaney | Posted 04.02.2009 | Politics

Read More: Credit Card Rates, American Express, Ecnomic Meltdown, Bank of America, Amex, Capital One, Credit Crisis, Hidden Penalties, Hidden Fees, Politics News

Since our call for readers to send their unhappy credit-card stories, woeful tales of hiked rates and reduced limits have struck our inbox like The Bl...

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Credit Card Companies Gouge HuffPosters

Gabriel Beltrone & Matthew Palevsky | Posted 03.29.2009 | Politics

Read More: Credit Cards Raise Interest Rates, Consumer Debt, Financial Crisis, Credit Card Companies, Consumer Debt Crisis, Banks TARP, Economy, Credit Card, Credit Cards, Credit Card Rates, Credit Card Interest Rate Gouging, Why Are Credit Card Companies Increasing Interest After the Bailout, Politics News

Banks capitalizing on taxpayer bailout money from TARP have alarmed their customers by hiking - often doubling, and in some cases even tripling or qua...

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Fed Cut Is Bad News For Savers

USA Today | Barbara Hagenbaugh | Posted 03.28.2008 | Business

Read More: Adjustable-Rate Mortgages, Savers, Interest Rate Cut, Raised Fees, Write-Downs, Fed Cut, Federal Reserve, Home-Equity Loans, Credit Card Rates, Lenders, Business News

The Fed's cut is good news for borrowers but bad for savers. Lenders cut the prime rate, the benchmark for many home-equity loans. Credit card rates ...

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GOP Gags Witnesses On Credit Card Woe

Washington Independent | Mike Lillis | Posted 03.28.2008 | Business

Read More: Credit Card Rates, JP Morgan Card, Credit Card Penalties, House Financial Services Subcommittee on Consumer Credit, Credit Card Interest, Rep. Carolyn Maloney, Business News

They came to the nation's capital this week from as far away as Denver, Chicago and Niagara Falls--five people who'd had tough experiences with their ...

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