Tag: consumers

Consumers Beware – The Profits Are In The Fine Print

“Fees From Riskiest Card Holders Fuel Profits – Late Payers and Big Borrowers Are Becoming Cash Cows as Rates Balloon” … the headlines read in a recent article featured on America Online from the Wall Street Journal’s Mitchell Pacelle. The article outlined how banks are squeezing more revenue from consumers and more often from the ones who can least afford it.

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