Tuesday, August 16, 2005
Note: Some news links may expire one week after posting.Retailer Errs, Your Credit Card Rate Soars
Here's something nasty: a retailer makes a mistake and fails to post your payment on time to your account. Your bank checks your credit report, sees that you are late, and triples your interest rate on its credit card. Huh? It happens everyday. For more consumer news, visit Consumer World.
