Business

Citi Raises Rates on Millions of Credit Cards: Report

Reuters
Citigroup Inc has increased interest rates on up to 15 million U.S. credit card accounts just months before curbs on such rises come into effect, the Financial Times reported citing people close to the situation. Citigroup had upped rates on 13 million to 15 million credit cards it co-brands with retailers such as Sears, the paper said.
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Posted by Editor at July 2, 2009 09:47 AM