credit card holders Tag Archives -

Consumers Pissed Off at Credit Card Companies. One-Third Don’t Even Have a Credit Card.

December 20, 2009October 7, 2009 by Steve Rhode

Credit card holders are angry. More than a one-third (32%) have paid off and closed a card since January 2008, and half of those that canceled did so in direct response to the actions of credit-card issuers, such as cutting limits, hiking rates, or imposing fees, according to a national poll by Consumer Reports. Twenty-one …

100% Credit Card Interest Rates Charged in Mexico

December 20, 2009March 30, 2009 by Steve Rhode

Just when you thought the banks in the United States were really sticking it to consumers, least we forget what is happening in Mexico. I previously wrote about Wal-Mart de Mexico Plans 100,000 Credit Cards by Year-End — With Interest Rates of 59% to 75% Well apparently Mexico is now starting to draw some lines …