Credit card fees rising (Chicago Sun-Times)
Banks had already been tightening the screws on people with less-than-perfect credit. Now, even customers who pay on time will be hit. While average credit card rates have dipped as the Federal Reserve has cut interest rates, banks and retailers are trying to offset rising losses in their credit card operations by raising rates and fees across a broader swath of their existing customers.
Credit-card users face higher fees, rates (The Charleston Gazette)
The Federal Reserve has slashed its benchmark rate to 1 percent, yet many people are getting hit with higher rates and fees on their credit cards.Normally, when the Fed cuts rates, credit-card issuers follow suit, resulting in lower monthly payments for ca...
Can't spare a dime for the red kettle? How about a credit card? (Fort Worth Star-Telegram)
By SUSAN SCHROCK Don’t have spare change? Some of the Salvation Army’s Red Kettles now take plastic. To reach more potential donors, the charity will offer credit-card machines at about a dozen of its nearly 500 Metroplex locations for the first time this holiday season. The cashless kettles will be available starting today in Arlington, Plano, Irving, Dallas, Westworth Village and Saginaw, ...
Aussies borrowing wisely, says credit card company (The West Australian)
One of the world's biggest credit card companies says Australians are borrowing wisely. But other analysts say personal debt repayments are rising sharply because retailers are struggling to sell int
Credit Card Users Keep Getting Squeezed, Rates and Fees Rising (US News & World Report)
Credit card issuers are taking a number of responses that will make life more difficult for small-business owners who rely on credit card debt.
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