New credit card reforms could cost you
In February reforms will go into effect restricting the way credit card companies do business. Grand Valley State University Professor Greg Dimkoff said, “The reform will knock out to billion in revenue.”
Related WebsitesConsumers Need to Exercise Caution as Credit Card Rates Climb Many consumers are finding that even though they have had the same credit card for years, and have paid the balances off completely every month, their monthly statements are suddenly appearing with a surprise: An interest rate hike by as much as three percentage points. Some consumers are not worried......
Paying for your free tickets, and other new airline charges Airlines are hurting pretty badly because of rising fuel costs. Each $1 rise in the cost of oil causes an annual rise of tens of millions of dollars for fuel for a typical airline. And we've seen a whole bunch of $1 rises lately. Northwest Airlines recently planned to cut......
What Do I Need To Know About Short Term Personal Loans? Short term personal loans have been a lifesaver to millions of individuals that need a small amount of money to handle urgent financial responsibilities. These loans are available in a number of different places and knowing what you need to look for in order to get the best short term......
Small firms boosted by new loan scheme The Government is preparing to lend money directly to businesses from January. Leader of the House Harriet Harman revealed the move as she told MPs about a new small business loan guarantee scheme. "It's true to say that, while lending figures are starting to show increasing lending to small businesses,......
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