Vision Credit Education, Inc.

Consumer protection advocates predicted that card issuers would begin to create new fees to offset restrictions imposed by the Card Act of 2009. Citi becomes the latest to confirm that they will add annual fees to some of their credit card accounts. Read the rest of this entry »

Citibank has joined the ranks of other major credit card issuers by raising interest rates on its popular Sears credit card. Interest rates are being hiked for thousands of cardholders, many of whom have very good credit. Read the rest of this entry »

The Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009 served to give consumers many protections from abuses of certain credit card issuers. Unfortunately, there are lots of changes that are taking place that are hurting those of higher risk while rewarding those with lower risk. Read the rest of this entry »

Chase has aggressively expanded and trained a new set of supervisors and in-house collectors in their Proactive Solutions Department. This is a targeted approach to dealing with the approximately 1.2 million cardholders that faced a 5% minimum payment hike. But to speak with them, you have to say the magic word. Read the rest of this entry »

Chase has sent me new account terms that were less than favorable, albeit they will not affect me since I don’t carry a balance and will have no balance transfers. However, the latest letter was to advise me they are changing my due date to give me 5 extra days to pay. Read the rest of this entry »