Sorry!! The article you are trying to read is not available now.
HOT TAGS:  

Credit Reform and My New 703.8% Card

Print comment Post Comments
HOW HIGH WILL THEY GO?
"Consumer reporters were all crowing about a 79.99% rate credit card that was launched in response to credit reform a few months ago–collectively horrified that a law designed to cut rates and eliminate sneaky fees was inspiring increasingly abusive bank behavior. I thought that was about as bad as it gets until I took a close look at the statement for my new Macy’s card, which I had opened with “instant credit” while Christmas shopping. It made that 79% card look like a bargain."
SOURCE:   Moneywatch.com

TICKERS