Archive for May 18th, 2009

SHOULD THERE BE NEW CREDIT-CARD RULES?

May 18, 2009

Lawmakers in both the United States and Canada are looking more closely at the credit-card industry. 
Figures suggest that 70 per cent of us pay our monthly credit-card charges on time.  But that figure will fall as the recession goes on.  In fact late payments hav e quadrupled. 
There is no doubt credit=card compnies are trying to [...]