Senate Takes on Credit Card Industry

Congress is taking the credit card companies to task over fees and interest rate practices. Sen. Carl Levin, Chairman of the Senate Homeland Security subcommittee, said an investigation by his panel found “abusive” and confusing practices by credit card companies that can increase financial pain for many families.What Sen. Levin is doing is trying to […] (more…)

Congress Reduce My Interest Rate

I wrote a post yesterday, commenting on Congress?s decision to inquiry into the practices of the Banking and Credit Card industry. In the article I posted a link to a story on Yahoo in which Citibank came under fire. I was glad to see the heat, because I have a Citibank credit card and they […] (more…)