Sun, 12 Mar 2006

Banks Fear Minimum Credit Card Payments

My heart bleeds for these sharks - not! I have no idea what's still floating the economy: I honestly expected to see deepening sign of a recession by now. But the bankers apparently see it a bit further off.

They could've put the brakes on this a long time ago, but traded away their influence for a new bankruptcy bill. And now they're gonna reap from some seed that's been sowed.

AP - Making the minimum payment on your credit card bill might not be as easy as it used to be — and two of the nation's largest banks say their own finances might suffer as a result.

(link) [Yahoo! News: Top Stories]

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