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Relief for Credit Card Users?

 Right now most credit card companies can raise the interest rate anytime for any reason. Some of them don’t even tell you. Those who do give you 15 days, and your only option is to pay off everything right then and there, and then go to another credit card. That’s not much of an option.

This will be a good bill if it goes through, I know a lot of us have had the 
interest increased on our cards even without warning.

Relief for Credit Card Users? | Newsweek Business | Newsweek.com

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2 Responses

  1. […] Free Credit Report Blog wrote an interesting post today onHere’s a quick excerpt  Right now most credit card companies can raise the interest rate anytime for any reason. Some of them don’t even tell you. Those who do give you 15 days, and your only option is to pay off everything right then and there, and then go to another credit card. That’s not much of an option. This will be a good bill if it goes through, I know a lot of us have had the interest increased on our cards even without warning. Relief for Credit Card Users? | Newsweek Business | Newsweek.com […]

  2. My blog, How To Get Good Credit Gab, provides the opportunity to share thoughts, ideas and experiences about obtaining good credit and emphasizes the importance of building and maintaining good credit and the perils of personal financial mismanagement.

    Please consider adding this video you your site:

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