Tuesday, January 5, 2016

BEWARE: Credit Card Issuers Continue to Focus on Consumers with Existing Debt

CardHub’s 2015 Credit Card Landscape report shows debt accumulation decreased last year, but delinquency rates increased even as the unemployment rate declines.

CardHub’s latest Credit Card Landscape report for 2015, released Monday, shows interest rates and cash advance fees continue to increase and the Federal Reserve’s interest rate increase will cost consumers about $1.3 billion in additional credit card debt payments through this year.

http://bit.ly/1MQLOy1 

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