Malaysian banks announce lower credit card interest rates

When the economy takes a dive, the banks react and that is exactly what was done by the Association of Banks in Malaysia. Uncertain economic turmoil is making more and more banks take some serious measures into helping people pay up loans and debts by decreasing interest rates and fines of late payments. Interest [...]

New Credit Card Rules Brings Relief to Banks and Consumers

Credit card companies will soon have to comply with the new rules that is expected to be announced this coming Thursday.
The Federal Reserve, the Office of Thrift Supervision and the National Credit Union Administration are going to meet up and announce the new rule after it was proposed earlier this year.
Consumers are seeing this as [...]