Why banks are squeezing credit card holders (Tucson Citizen)
Story date: 2008-11-10 01:11:09
Added on: 2008-11-10 01:27:08
Tommy Newsom was shocked when his bank nearly doubled his credit card interest rate this year, to 27 percent, for no apparent reason. A customer rep told him the law allowed the bank to do so, and that was all the justification it needed.
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