November 18th, 2009

Wednesday Trends in Credit Cards & Debt

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If you were hoping that Congress would cap the recent raising of credit card interest rates, don’t hold your breath. Federal efforts to impose stricter limits on credit card interest rates, which have been skyrocketing up to 30 percent in anticipation of the credit card regulations that goes into effect in February, are running into some political speed bumps trying to find support with Democrats and gain majority for approval. Congress’ hands might be tied in protecting consumers, but check out the following round-up for what you as a consumer can do about your credit card and your debt.

Credit Card News

Debt News

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