Filed under: JP Morgan Chase, Credit Cards
Credit card issuers are at it again. For years, the financial institutions behind the plastic in your wallet have used a host of methods both subtle and brash to up your costs and their profits. But now that the Obama administration's CARD Act is fully in effect, banks' ability to make money from such fees and penalties has been cut -- sometimes dramatically. Is it any surprise that the banks are pushing back, looking for creative ways to recoup those lost fees? "They were making a ton of...The Latest Credit Card Trap: No Limits, Just 'Access' originally appeared on DailyFinance.com on 2011-12-05T08:40:00Z.
Permalink | Email this | Comments
Sent with Reeder
No comments:
Post a Comment