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Credit card fees are rising.
(From CBS Marketwatch (Stories))
NEW YORK (CBS.MW) -- Credit-card companies have recently raised their fees and cut their grace periods, pushing the potential costs of misusing a card higher.
With interest rates at historic lows and few credit-card companies charging annual fees, companies are bringing in more and more revenue from fees levied on those who exceed their balances or don't pay on time. Fees now account for 39 percent of the credit-card companies' income, up from 28 percent in 2000, The Wall Street Journal reported.
You can avoid these fees by using your card according to the rules, but be aware that ...
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- INTERNET INCREASES ITS CREDIT LINE: BIG CARD COMPANIES MAKE ON-LINE DEALS;...
- Magazine article from: Crain's New York Business Walsh, Mark October 5, 1998 700+ words
...years ago, when the big credit card companies stood outside cybermalls...Another impetus for the credit card companies is that in cyberspace, plastic...To make up for lost time, credit card companies are forging alliances with...
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- Magazine article from: Crain's New York Business WALSH, MARK October 5, 1998 700+ words
...years ago, when the big credit card companies stood outside cybermalls...Another impetus for the credit card companies is that in cyberspace, plastic...To make up for lost time, credit card companies are forging alliances with...
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