A New York consumer is facing a lawsuit from Citibank to recover an interest rate of 56 percent on cash advances, according to WCBS.
A Las Vegas consumer owes ~ $1,200 on a credit card that she never used, according to the Herald-Leader.
The Epoch Times has an article about the new credit card reform proposals - but it is the couple credit card statistics in the article that are very interesting to me.
Credit card companies spent $1.2 billion in the first three quarters of 2007 on advertising alone.
Credit card companies took in $18 billion in penalty fees [...]
