Monday, October 26, 2009

Unregulated Credit Card Rates Are Breaking Down Consumers

Unregulated Credit Card Rates Are Breaking Down Consumers

--------------------------------------------------------------------------------
http://www.minyanville.com/articles/.../index/a/25107



I’m hearing many stories about ridiculous rates, but this one takes the cake.

First Premier Bank Offers Card With 79.9% Rate

Consider “No, You're Reading That Right”.


Gordon Hageman couldn’t believe the credit card offer he got in the mail.

"My first thought, it was a mistake," Hageman said.