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The new credit card jungle: don't get bitten by sudden changes in terms.(FEATURE)
WHILE YOU MIGHT HAVE so far avoided any direct effect from the storm clouds in the economy, they're causing the credit-card industry to change in ways that could hurt all consumers. Whether you have good credit or bad, CONSUMER REPORTS' analysis reveals that now is an essential time to do a credit-card checkup to make sure your accounts haven't changed for the worse.
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To help you do that, from among hundreds of credit cards we found a dozen that are worthy of your consideration (see table on facing page). We also identify traps to watch out for.
Consider the case of John Carmichael of Rensselaer, N.Y., who earlier this ...
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- Magazine article from: Journal of Consumer Affairs Lee, Jinkook Kwon, Kyoung-Nan December 22, 2002 700+ words
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- Magazine article from: The Economist (US) December 7, 1996 700+ words
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- Magazine article from: Arkansas Business May 25, 2009 700+ words
...move by lawmakers. The Credit Card Accountability, Responsibility...the huge run-up in credit card debt, but the issuers...over-limit fees on credit cards unless the customer...offers as in the past. Credit card companies, which fought...
