Banks' ''courtesy'' loans at soaring rates irk consumers

http://us.rd.yahoo.com –

Even as regulators crack down on abusive mortgage and credit card practices, another type of lending threatens to mire consumers in a credit trap with "courtesy overdraft".

Read »

Created by admin 1 year 8 weeks ago – Made popular 1 year 7 weeks ago
Category: Bradenton Tags:

Add new comment
5

Banks' ''courtesy'' loans at soaring rates irk consumers 1 year 8 weeks ago: Even as regulators crack down on abusive mortgage and credit card practices, another type of lending threatens to mire consumers in a credit trap with "courtesy overdraft".
Consumers hit again as some banks raise credit rates, fees 1 year 9 weeks ago: The ink has barely dried on credit card reform signed by President Obama in May, and already, issuers are raising prices again.
Credit card companies raising rates before new laws 48 weeks 3 days ago: CLEVELAND -- American consumers used to rely too much on credit cards. Now those habits are changing, mostly because the way credit card companies do business. In the meantime, credit card companies are changing their rates and fees to make up for revenue lost.
[Video] Consumer Alert: New credit card laws 28 weeks 3 days ago: The new rules go into effect February 22, and will ban what some say are unfair practices used by credit card companies on consumers.