Credit Cards seem to be in the news an awful lot lately. It seems that I can’t turn on the television news anymore without hearing a story about how the companies are changing their terms to the consumer now to increase their interest rates and fees so that they can beat the deadline the Congress has passed for the bill that is supposed to prevent them from doing what they are doing now. Personally I am outraged that these companies are putting the hurts on the consumer in this way. It sure is going to hurt the retail stores this Christmas – people are going to be loathe to use their cards in this economy! I know a lot of people who have decided to pay cash, and since they are limited on cash that means that they will be buying less this season.
I think that this is a good time to step back and Compare Credit Cards. See which ones are increasing their rates, and which ones are not. It should not be very difficult to determine which are the Best Credit Cards for your needs. I think that this is the perfect time to send a message to the big companies that we don’t need them as much as they need us! If that means that we spend less money on Christmas gifts this year, then so be it! The kids don’t need a dozen gifts under the tree!
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