The Credit Card Con

Study shows credit card companies's dominant position let them raise prices

November 11, 2009 - 5:51am | Figures | News
Study shows credit card companies's dominant position let them raise prices

 

On the heels of reports that credit companies are in a rush to raise interest rates to historic highs and implement new fees before regulation that limits such action takes effect, Consumers for Competitive Choice (C4CC), a diverse, national coalition of Americans including consumers and small businesses who support a consumer-focused economy, has just released a study titled, “The Credit Card Con,” which examines the industry’s notoriously bad acts.


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