Clearly, higher interest rates encourage banks to take risks which are not in the interests of those of their customers who ... Consumers who are good credit risks pay for reckless marketing of credit cards in two ways: Banks increase fees and interest rates to cover increased losses, and they pay when portfolios become so burdened with debt that regulators must ... you show that subtle differences in balance calculation methods can swamp even large interest rate differentials in termsanbsp;...
|Title||:||The National Credit Card Consumer Protection Act, and the Credit Cardholder Protection Act|
|Author||:||United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions and Consumer Affairs|