Credit Card Companies Ripping-Off Consumers

In recent weeks, several of the major banks and credit card companies raised interest rates and fees yet again. The media reported Capital One hiked interest rates to 17.9 percent from 12.9 percent. Citibank raised their rates an average of three percent. While over at Chase, customers had a “choice” of paying a $120-a-year fee and a higher minimum payment, or paying a higher interest rate. I don