Monthly Archives: January 2010

It’s a fact that many American families are struggling with credit card debt being compounded by penalty rates and other fees applied when they get behind on payments. The delinquent payment rate is going up steadily as the country struggles … Continue reading →

While credit card companies generate large amounts of revenue through interest and fees from cardholders, they also draw income from interchange fees paid by merchants who accept their cards. Interchange fees are essentially fees charged to merchants for the processing … Continue reading →