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24
Jan

Supreme Court Rules For JPMorgan On Credit Cards

Posted by Susan Mitchell (0) Comment

The Supreme Court ruled that JPMorgan Chase & Co under an old federal regulation did not have to provide written notice before raising credit card interest rates to account holders who defaulted on a payment.

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Category : Banking News | Credit Cards News | Blog
24
Aug

Credit Card Rates Nine Year High: Consumers Beware

Posted by Susan Mitchell (0) Comment

Generally, iInterest rates continue to tumble for the U.S. Treasury, companies and home buyers alike. But for a large portion of 381 million U.S. credit card accounts, borrowing rates have been moving only one way: up.

And average rates are likely to climb further in the near future.

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Category : Credit Cards News | Blog
15
Mar

Consumers To Save £500million With New Credit Card Law

Posted by Janet Leicester (0) Comment

Crackdown on credit cards interest rate and the cost of credit card borrowing will save consumers could save around £300million a year, the British Prime Minister, Gordon Brown said.
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Category : Credit Cards News | Blog