Credit Cards For Less Than Perfect Credit

Consumers Try to Adapt to Exorbitant Debit Card Fees

Within the past few weeks major banks across the USA hikes their fees for using debit cards, while they also discontinued debit card rewards programs. The big banks claim that they had no choice in the matter because they are being overregulated and are losing vital profits, but most consumers consider that a pretty lame excuse.

The fact is that banks are losing profits thanks to the fact that they are finally being forced to stop charging outrageous credit card fees and using sneaky devices to add miscellaneous fees and charges to checking accounts.

Read the full post

Despite forecasts that the implementation of the new Credit CARD Act might lead to rising credit card fees, a newly released study by Bankrate indicates that credit card fees so far are staying at levels close to those of last year.

The Bankrate credit card study examined the terms of 73 cards from 50 of the largest card issuers (40 credit cards from banks and 33 from credit unions). Overall, the study showed that the many basic credit cards have maintained low- or no-fee policies in the majority of areas.

Read the full post