Monday, November 26, 2007

Credit card fees set to rise (Channel 4)

The cost of credit card borrowing looks set to rise as lenders struggle to recoup lost profits. Returns on credit cards for lenders have hit their lowest levels since the start of the new millennium as a result of the highly competitive market, according to accountants PricewaterhouseCoopers (PwC).

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[Source: Yahoo! News Search Results for credit cards]

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