Banks Raise Credit Card Payments

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00009853-banks-raise-credit-card-payments/

By Kathy Chu, USA TODAY

In case you weren’t spending enough this holiday season to buy gifts and heat your home, you may have to take another hit: higher credit card payments.

Nearly three years after regulators said minimum monthly payments should let you pay off debt in a “reasonable period of time,” some banks are finally acting.

For this complete story, please visit Banks Raise Credit Card Payments.