Card Debt: Credit Card Trickery – Not a Halloween Matter

This year legislation was passed to ban certain billing practices by credit card companies.

Now they have created new ways to trick consumers.

According to The Wall Street Journal,  “ some of the biggest card issuers in the U.S., including Citigroup Inc. , J.P. Morgan Chase & Co.and Discover Financial Services , are already rolling out a slew of fees designed to recapture some of their lost income, in part by skirting the new rules. Some banks may even be violating the law outright, say consumer advocates.

You can read the complete story here http://finance.yahoo.com/banking-budgeting/article/110213/the-new-credit-card-tricks?mod=oneclick


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