How Credit Card Companies Are Getting Meaner

What's going on inside the minds of credit card companies now that the CARD act is coming down the pike? A customer service supervisor for a major credit card company emailed us to give us the low-down: reduced grace periods, cutting credit lines, increased fees on balance transfers, and, of course, jacked up APRs.

Topics:  card   aprs   a   
BING NEWS:
  • SECRETS That Credit Card Companies DON T Want You to Know!
    Discover 15 secrets credit card companies don't want you to know in this eye-opening video! Learn how variable rates, payment due dates, and APR offers are designed to work in their favor and how you ...
    11/25/2024 - 5:32 pm | View Link
  • ‘Buy now, pay later’ is more popular than ever. Experts warn shoppers not to overdo it
    More shoppers are using ‘buy now, pay later’ plans heading into Black Friday and the holiday season, as the ability to spread out payments looks attractive at a time when Americans still feel the ...
    11/25/2024 - 4:22 am | View Link
  • Credit card fraud: Retailers left to carry the cost
    There is a major power imbalance between credit card companies and merchants, says an Auckland retailer that has had to absorb thousands in losses from a fraudulent transaction.
    11/24/2024 - 4:36 pm | View Link
  • Retailers claim credit card swipe fees are driving inflation
    Merchants say credit card swipe fees are creating inflationary pressure as those charges are passed onto consumers.
    11/23/2024 - 9:30 am | View Link
  • 'Padding the profit margin': Why are interest rates still rising on store credit cards?
    The Federal Reserve hasn’t raised interest rates since the summer of 2023. But America’s retailers apparently didn’t get the memo.
    11/22/2024 - 9:21 pm | View Link
  • More
BING SEARCH:
  • 2024's List of Credit Card Companies & Major Cards
    Credit card companies are the banks and credit unions that issue credit cards to consumers and small business owners. Credit card companies also service cardholders’ accounts by billing for purchases, accepting payments, distributing rewards and more.
    11/23/2024 - 10:14 pm | View Website
  • Best Credit Cards of 2024: Rewards, Top Offers, & Reviews ...
    Our experts evaluated over 3,400 credit card offers to bring you the best credit cards of 2024, including the top offers and deals in rewards, travel, cash back, and more. Read our reviews, compare card offers, and apply for the best credit card for you.
    11/23/2024 - 7:58 pm | View Website
  • List Of Credit Card Companies – Forbes Advisor
    Credit card companies are the financial institutions and organizations that facilitate credit card transactions—credit unions, banks, payment networks and other financial...
    11/23/2024 - 6:18 pm | View Website
  • Best Credit Cards of December 2024 | CNBC Select
    We rounded up the best credit cards that can help you build credit, save on interest charges and earn you valuable rewards.
    11/22/2024 - 10:05 am | View Website
  • Best Credit Cards Of December 2024 – Forbes Advisor
    The Forbes ranking of the best credit cards includes credit card offers with rich signup bonuses, excellent rewards, 0% APR and many with no annual fee.
    11/22/2024 - 4:14 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News