10.31.2009

And if you think health care reform will be any different you just aren't paying attention, darlin'

NEW YORK – Have you checked the interest rates on your credit cards lately? Odds are they're going way up.

That's because credit-card companies are rushing to raise rates and tack on extra fees ahead of a law slated to take effect Feb. 22 that is supposed to limit such moves in the future. In some cases, rates are doubling to as high as 30 percent or more, even for people who pay their bills on time.

link: ALL BUSINESS: Credit-card rates up before new law - Yahoo! News


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