Posted on Monday, June 27, 2011 at 4:00 am CDT
The UK credit card industry has had a rough ride this week, being slated in the press on several occasions for exploiting customers. As the Bank of England (BoE) held the base rate at 0.5% for the 27th month in a row, many are questioning why credit card interest rates continue to progressively rise.
Source: John Vegan