Money - Congress Probes Credit Card I...

Money - Congress Probes Credit Card Industry

There are 2 comments on the First Coast News Jacksonville story from Dec 4, 2007, titled Money - Congress Probes Credit Card Industry. In it, First Coast News Jacksonville reports that:

WASHINGTON -- Congress is renewing its scrutiny of the credit card industry, as some lawmakers denounce the practice of raising customers' interest rates when their credit scores decline, even if they make ...

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Jacksonville, FL

#1 Dec 5, 2007
I have a habit of running up my cards, then paying them off when I get some extra money: tax returns, extra paycheck, side job, etc. I noticed last year my rates would go up after each time I paid off an account. One of my cards was above 20% when I checked it!(And my FICO score is very high.) The whole industry is a screw job.

London, UK

#2 Mar 26, 2014
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