Senators accuse credit card companies of unfair rate hikes

By David Edwards
Tuesday, December 4, 2007 17:30 EDT
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AP: “Congress is renewing its scrutiny of the credit card industry, as some lawmakers denounce the practice of raising customers’ interest rates when their credit scores decline, even if they make their card payments on time.”

More HERE.

This video is from The Associated Press, broadcast on December 4, 2007.

David Edwards
David Edwards
David Edwards has served as an editor at Raw Story since 2006. His work can also be found at Crooks & Liars, and he's also been published at The BRAD BLOG. He came to Raw Story after working as a network manager for the state of North Carolina and as as engineer developing enterprise resource planning software. Follow him on Twitter at @DavidEdwards.
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