Card firms add more fees
Banks revive inactivity charges to slow default losses
Posted: December 6, 2009 at 3:50 a.m.
Damaging Your Credit or Your Wallet
Credit-card issuers are reviving inactivity charges and reworking other fees to stem declining revenue in what Moody’s Investors Service says is the highest level of delinquencies since April.
This story is only available from the archives. Click here to contact the online desk.
Business, Pages 75 on 12/06/2009
(Advertisement)
« Previous Story
Gator farmers hit bumps as demand for skins f...
After five years, Tommy Fletcher and his alligator-farming business are facing irreconcilable differences. Read »
Next Story »
Northeast scallopers decry cuts in season
For nine straight years, the booming scallop catch has made New Bedford, Mass., the nation’s highest-revenue fishing port. This summer, a survey of a key Northeast fishing ... Read »
Comments
To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Please read our comment policy.
Use the comment form below to begin a discussion about this content.
Registration is required to make comments. Click here to LOGIN.
You can register for FREE to post comments and receive alerts.