Do the Fed’s Proposed Changes in Credit Cards Go Far Enough?

May 5, 2008

On Friday, the Federal Reserve released its proposal for prohibiting unfair practices by credit card issuers. The provisions include: * Prohibiting ba...
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Another Rate Cut–Good News for Credit Card Consumers?

April 30, 2008

The Fed cut the federal funds rate by one-fourth of a percent on Wednesday. The rate is now 2.00%, a decline of 3.25% since September 18, 2007. This k...
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Revenues from Bank Fees Up 41% in Four Years

April 25, 2008

Last week, Congress continued its investigation of the credit card industry. This is becoming a tense issue for credit card companies as they defend t...
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What do Airline Mergers Mean for Credit Card Users?

April 16, 2008

Yesterday, Delta Airlines and Northwest Airlines announced their proposed merger. Since both have their own credit card reward programs with separate ...
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