Credit Card reform too little too late
The day the bill was signed to (sort of) reign in Credit Card rates and fees -- to go into effect like a year from now -- I couldn't help thinking, "Oh great ... but in
the meantime, Providian (which gave me low rates) was bought by WAMU (which still
had low rates) was bought by Chase (which only now raised rates on good
customers who pay their bills by 5 percentage points!" As my mother would have said ... They're all in cahoots -- and we can't win! Positively,
Carolan
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