Bank of America said Monday it is sending its credit card customers a one-page letter in December with a simple explanation of the interest rates and fees they're being charged. ...more

December 1, 2009

Mark Huba is one of numerous Capital One cardholders who pays his bills on time and hasn't missed any payments - yet has just been notified that his interest rate is soaring to almost 18 percent. Capital One's rate hikes are the latest example of how the credit card industry is turning the screws on customers even as many of those same lenders receive billions of dollars in taxpayer-funded bailouts. ...more

March 7, 2009

So long, bulky passport book. Hello, plastic card. For U.S. citizens hopping on cruise ships to the Caribbean or crossing to Canada or Mexico by car, the State Department has introduced a wallet-sized swipe-y card that costs less than half the price of the traditional passport. ...more

June 13, 2008