Tag "credit"
Credit Card Reform
Yay, my Frugalistas! Credit Card Reform Part Two is coming to a wallet near you. Starting on Monday, here are some changes: *People under 21 can’t get offered a card unless they show proof of proper income or have a co-signer. *Offering an incentive such as T-shirts or books on college campuses is banned. * [...]
Credit card has 79 percent interest rate
A man got a credit card offer with a 79 percent interest rate. Seriously. No lie. Yes, I'm incredulous about it. I mean, have the credit card reforms hurt the industry so bad that it must charge 79 percent interest rates? There's a movement to get the next round of reforms moved to December instead [...]
