Senator Proposes to Freeze Credit-Card Rates
Filed Under: In brief
“Senate Banking Committee chairman Chris Dodd, who is fighting for his political survival, proposed Monday an immediate interest rate freeze on the estimated 700 million credit cards in circulation.” (USA Today, Tuesday)
Why doesn’t he offer his own low-rate card instead?
FEE Timely Classic
“Are Credit Card Interest Rates Too High?” by Jorge Amador











