Low interest credit cards Reviewing the basics

Some credit card companies already offer this option at their discretion. The Credit CARD Act of 2009 turns the option into a universal consumer right. Big changes! And even bigger ones are following in their wake. But look out: Companies are scrambling to put their own changes into effect before the laws take hold. Card companies everywhere are hiking their interest rates and fees, and consumers report waves of sudden credit card cencellations.

09/26/09 20

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