WASHINGTON, June 30 (UPI) -- U.S. banks are raising credit card rates and fees as fallout from the recently passed credit card law, an industry lobbyist said.
WASHINGTON, May 20 (UPI) -- The U.S. House Wednesday overwhelmingly OK'd credit card reform legislation that would require plain contract language and notice of interest rate changes.
WASHINGTON, May 12 (UPI) -- Top Senate Banking Committee members reached a compromise on a bill that would protect U.S. consumers from abusive credit card industry practices.
OTTAWA, April 2 (UPI) -- The Canadian Bankers Association defended credit card fees to a senate committee in Ottawa, saying consumers have a choice of 68 low-rate cards.
WASHINGTON, July 29 (UPI) -- The Federal Reserve's proposal to reign in deceptive credit card policies has drawn thousands of comments, the U.S. central bank said.
NEW YORK, April 28 (UPI) -- U.S. credit card companies are raising rates as banks try to make up for losses in other departments, financial experts said Monday.
WASHINGTON, Feb. 11 (UPI) -- Customers who expect a decline in credit card rates after the U.S. Federal Reserve drops a key interest rate may be in for a surprise, financial analysts said.
WASHINGTON, Dec. 2 (UPI) -- U.S. credit card issuers are under pressure to change some profitable practices, like raising interest rates based on card-holders' other debts.
WASHINGTON, July 29 (UPI) -- U.S. credit card issuers are hiking interest rates and late fees, especially for those whose cards have floating or variable rates.
NEW YORK, May 27 (UPI) -- Barclays PLC, Britain's third-largest bank, is warning that bad credit card debt is growing at an alarming rate.