The Future of the Credit Card Industry

Major credit card issuers are now scrambling to rethink their business models in light of the recent passage of the Credit Card Reform Act legislation. This legislation will bring huge changes in the way that the credit card issuers profit. Because the credit card companies are so reliant upon charging high interest rates and fees, [...]

Credit Card Issuers Introduce New Fees

This will no doubt come as no surprise to you, but a great many banks and credit card issuers are either raising existing fees or introducing new ones to their cardholders. The whole purpose of the new fees is to offset the rising number of the delinquencies and charge-offs that the credit card industry is [...]