Credit Card Caution Flags
Aleksandra Todorova writes for the Wall St. Journal about what credit card issuers have in store for their cardholders in 2007 - "from jacked-up fees to new technologies that encourage spending." She lists five industry trends - including new, higher fees on balance transfers, reduced or disappearing rewards, contactless card technology to encourage more card spending, prepaid cards (and fees) for teens, and other creative ways issuers are increasing fees - including tiered late fees.
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