http://matadorsmoneymatters.com/how-high-will-your-credit-card-rate-go/ Financial Tips, Advice and More from Matadors Community Credit Union Fri, 16 Jul 2010 00:34:57 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://matadorsmoneymatters.com/how-high-will-your-credit-card-rate-go/comment-page-1/#comment-30 Topics about Creditcards » Archive » How High Will Your Credit Card Rate Go? Tue, 24 Mar 2009 12:10:57 +0000 http://matadorsmoneymatters.com/?p=376#comment-30 [...] Matadors Money Matters placed an observative post today on How High Will Your Credit Card Rate Go?Here’s a quick excerptYesterday I watched President Obama speak and field questions from residents at the Town Hall meeting in Orange County. An attendee asked the President a very good question: “Why aren’t there interest rate caps (the maximum amount of interest that credit card lenders can charge) on credit cards? Why are some cards as high as 30% because I missed a payment?” Obama responded that he agrees and that there should be some federal regulation involved. As I watched, my inner voice was screaming: “M [...] [...] Matadors Money Matters placed an observative post today on How High Will Your Credit Card Rate Go?Here’s a quick excerptYesterday I watched President Obama speak and field questions from residents at the Town Hall meeting in Orange County. An attendee asked the President a very good question: “Why aren’t there interest rate caps (the maximum amount of interest that credit card lenders can charge) on credit cards? Why are some cards as high as 30% because I missed a payment?” Obama responded that he agrees and that there should be some federal regulation involved. As I watched, my inner voice was screaming: “M [...]

]]> http://matadorsmoneymatters.com/how-high-will-your-credit-card-rate-go/comment-page-1/#comment-29 Topics about Banking » How High Will Your Credit Card Rate Go? Thu, 19 Mar 2009 18:03:18 +0000 http://matadorsmoneymatters.com/?p=376#comment-29 [...] Matadors Money Matters added an interesting post on How High Will Your Credit Card Rate Go?Here’s a small excerptYesterday I watched President Obama speak and field questions from residents at the Town Hall meeting in Orange County. An attendee asked the President a very good question: “Why aren’t there interest rate caps (the maximum amount of interest that credit card lenders can charge) on credit cards? Why are some cards as high as 30% because I missed a payment?” Obama responded that he agrees and that there should be some federal regulation involved. As I watched, my inner voice was screaming: “M [...] [...] Matadors Money Matters added an interesting post on How High Will Your Credit Card Rate Go?Here’s a small excerptYesterday I watched President Obama speak and field questions from residents at the Town Hall meeting in Orange County. An attendee asked the President a very good question: “Why aren’t there interest rate caps (the maximum amount of interest that credit card lenders can charge) on credit cards? Why are some cards as high as 30% because I missed a payment?” Obama responded that he agrees and that there should be some federal regulation involved. As I watched, my inner voice was screaming: “M [...]

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