Has Credit Card Debt Lender Bank Of America – Become Too Big For Their Britches?

Under the 10 year leadership of CEO Kenneth D. Lewis, Bank of America has become one of the largest banks in the USA. They did this purchasing other major financial credit card debt institutions for billions of dollars. The credit card debt companies purchases included The LaSalle Bank for $21 billion in 2007, FleetBoston Financial for [...]

Banks Are Raising Credit Card Debt Rates On Faithful Customers To Make Profits

Banks are raising the interest rate on credit card debt accounts before the new credit card law reform goes into effect early next year. They are raising interest to as much as 30% on the credit card debt accounts on customers with good credit ratings and who make their payments on time each month. Now, [...]