Tag Archive | “bottom line”

New Credit Card Rules have Card Companies Scrambling to Protect Bottom Line

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By the New rules some protection against sudden interest rate hikes and payment changes is being given to credit card holders .

CREDIT CARD CHANGES

It would be starting from Thursday, before raising their interest rates credit card companies would give you 45 days notice instead of the current 15 days.

Cardholders would be able to choose to pay off what they owe at the original rate, but they won’t be able to use the card for new purchases.

Read the full story

 

September 2011
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