Credit Card Companies Under Fire for Deceptive Marketing
We reported last month that CreditCards.com warned consumers about not signing up for any retail credit cards because of the exorbitant interest rates that are often associated with these types of cards. The website's report discovered that the average …
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When 0% Interest Isn't 0%: Credit Card Tricks You Must Know
In this case, the credit card is managed by Barclaycard (BCS). The interest rate on that card is a shocking 22.9 percent or 26.9 percent, depending upon your creditworthiness. Lets assume you have excellent credit, so you get the amazing 22.9 percent …
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CFPB warns banks to disclose catches on zero-interest cards
CLEVELAND, Ohio — Zero-interest-rate credit card offers can backfire, saddling consumers with interest charges they weren't expecting. Wednesday, the Consumer Financial Protection Bureau warned banks not to gloss over catches that cause …
Read more on The Plain Dealer – cleveland.com

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