Go Symbol Lookup
Loading...

Poll: Ban Banks From Raising Credit Card Rates?

 Text Size  
Published: Wednesday, 1 Jul 2009 | 11:07 AM ET
By: CNBC.com

Citigroup has increased interest rates on up to 15 million U.S. credit card accounts just months before curbs on such rises come into effect, the Financial Times reported citing people close to the situation.

Other banks also are raising rates.

In a statement, Citigroup said "We have adjusted pricing and card terms for some customers as part of our regular account reviews. Read the full story.

Related Links:

  • Lukewarm Bids for BofA Unit
  • Yellen: Slow Recovery to Start Late '09
  • Soros Predicts 'Stop-Go' Economy

Have more to say? Send us your thoughts, questions and suggestions using the form below.

Have more to say? Send us your thoughts, questions and suggestions using the form below.

 Print
Share your opinion.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

U.S. Video