I always wondered what the calculations were based on at the bottom of credit card statements. I've seen these appear as cycle rate, with no actual definition of the cycle being referred to, or how the calculations were obtained. Makes more sense after reading this.
Credit card companies got away with alot without the consumer knowing for too long now. It is about time they are held accountable for misleading and deceptive rate hikes.
I always wondered what the calculations were based on at the bottom of credit card statements. I've seen these appear as cycle rate, with no actual definition of the cycle being referred to, or how the calculations were obtained. Makes more sense after reading this.
ReplyDeleteCredit card companies got away with alot without the consumer knowing for too long now. It is about time they are held accountable for misleading and deceptive rate hikes.
ReplyDelete