Millions of U.S. consumers using Citigroup credit cards have had their interest rates hiked ahead of coming limits on such increases, Financial Times reports.
WASHINGTON - President Barack Obama asked Congress on Tuesday to create a new agency to police the fine print on credit card bills and mortgage documents and determine what fees, penalties and interest rates are fair.
Consumer advocates and trade group representatives are alarmed by United Airlines' decision to make some travel agents pay the credit card fees on flights that they book.
RALEIGH, N.C. Consumers face an uphill battle when disputes with their credit card companies end up in arbitration, according to a new study by the Durham, N.C.,-based Center for Responsible Lending.