Archive for Credit rating

You are browsing the archives of Credit rating.

Credit CARD Act of 2009: Consumers Getting the Shaft as Banks Rush to Raise Interest Rates

Credit CARD Act of 2009: Consumers Getting the Shaft as Banks Rush to Raise Interest Rates

Until there is more transparency in credit scoring, and until consumers take better control of their credit use, it doesn’t matter how many laws are enacted: The game is going to be rigged in favor of the credit card issuers.