Credit Card Customers Get Some Relief

Melissa Wareham got a nasty surprise when she opened her credit card statement last month: Her bill was hundreds of dollars higher than she expected. The culprit, she said, was her new, higher interest rate -- it jumped 10 percentage points to 27 percent. Wareham, a human resources consultant, is paying off about $20,000 in credit card debt accumulated while she and her husband were both in graduate school. The interest rate spike shocked her, she said, because she always pays her bills on...Full Story
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