They are a concern to a lot of consumers because there is an open check with your name on it. |
They'll only be limited by what the market can bear. |
Vote with your feet, ... Do more comparison shopping. Know what the fees are. Read carefully, and if you don't see something you like, go elsewhere. |
We're in an environment right now where there's a lot of strain in the profitability of credit cards, ... Issuers are looking to hit you with fees and those sorts of things. |
Yes, other players will follow. |
You can get zero percent rates that last as long as a year. We've never seen anything like this before. |
You have to be realistic about your credit. If your credit is spotty, don't waste your time applying for a 9 percent rate. |
Young consumers are probably best served if they can get a major bank card early on |