Consumer groups blast banks' card 'tricks' - The Red Tape ...

By Bob Sullivan

An avalanche of new fees, interest rate hikes and other costly changes since the law was signed in May suggest the Credit Card Accountability, Responsibility and Disclosure Act, or the CARD Act, has backfired. The consumer advocacy group Consumer Action ..... If Citi is in such financial straits, and I and my business have excellent credit scores (which we do), then why is Citi not pursuing my business with another card that they offer. After all, they are one up on their ...

The Red Tape Chronicles - http://redtape.msnbc.com/