Re: CNN Money story about "Credit Cards From Hell"
08-20-2012 10:31 PM
"On top of the high rate and fees, the issuer doesn't give customers any grace period, which is the time between the date of a statement and the date interest begins accruing"
Wow. I thought they were obligated to give a grace period legally. So then why does every other card give a grace period, is it simply market competition that could some day change?