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Rights Radio™ with Dr. Joyce Starr

Consumer Rights, Economic Rights, Homeowners Rights, Condo/HOA Rights, Health Rights, Security Rights

Credit Card Company Beats Wall Street Estimates by Raising Interest Rates

Last Updated on November 6, 2011 By Dr. Joyce Starr

Master Card and Visa have been gouging cardholders for years, while American Express remained consumer and small business-owner friendly. Not any more. American Express raised interest rates about a year ago. Rates were hiked by over 5 percent annually in our low interest economy.The purported reason: Too many cardholders were walking away from their obligations. Or so American Express … [Read more...]

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