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Credit-card users face higher fees, rates - Charleston Gazette
The Federal Reserve has slashed its benchmark rate to 1 percent, yet many people are getting hit with higher rates and fees on their credit cards. Normally, when the Fed cuts rates, credit-card issuers follow suit, resulting in lower monthly payments ...
Read more...TheStar.com | Business | Credit cards need to lose the legalese - Toronto Star
W hen applying for a credit card, you have to sign a contract that's crammed with legalese and fine-print footnotes. It's time for a fresh approach to communication. Companies should make it clear regarding what comes with your credit card besides ...
Read more...Bank industry urged to simplify credit forms - Vancouver Sun
OTTAWA -- MasterCard Canada wants the banking industry to drop the legalese in their credit application form in favour of plain language so consumers can understand how hefty interest rates are calculated if they can't pay their bill. The company ...
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