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Credit Card Issuers Raising Rates, Fees Ahead of New Law – washingtonpost.com

Posted July 2nd, 2009 in News, Politics by Giang

Credit Card Issuers Raising Rates, Fees Ahead of New Law – washingtonpost.com.

They just never start these stories with true-life accounts of how Gloria, 32, spent lavish amounts of money on dining out, clothes, and a huge flat-screen TV, and is now at a loss for how she will pay her credit card bill. “It’s just not right what these credit card companies are doing. I mean, I think it’s so wrong that they’re making money off of people suffering because they can’t pay their bills.”

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