http://www.mightybargainhunter.com/2005/12/09/credic-card-issuers-hurt/ Personal finance, commentary, and spending less the easy way Fri, 19 Mar 2010 14:24:44 -0400 http://wordpress.org/?v=2.8.6 hourly 1 http://www.mightybargainhunter.com/2005/12/09/credic-card-issuers-hurt/comment-page-1/#comment-383 mbhunter Sat, 10 Dec 2005 02:51:56 +0000 http://mightybargainhunter.com/2005/12/09/credic-card-issuers-hurt/#comment-383 ADD, hadn't thought that they'd raise the merchant fees. That's a possibility. Since Visa and MC are pretty much the leaders, they can do this without too much impunity. ADD, hadn’t thought that they’d raise the merchant fees. That’s a possibility. Since Visa and MC are pretty much the leaders, they can do this without too much impunity.

]]> http://www.mightybargainhunter.com/2005/12/09/credic-card-issuers-hurt/comment-page-1/#comment-381 Adult ADD and Money Fri, 09 Dec 2005 17:25:13 +0000 http://mightybargainhunter.com/2005/12/09/credic-card-issuers-hurt/#comment-381 While I will agree that chrageoffs were accelerated because of the mass filing, and credit card companies will lose some interest income due to higher minimums. They will make up the money in the usage fees charged to the stores. People will be more inclined to use their cards because the higher minimums frees up more space. While I will agree that chrageoffs were accelerated because of the mass filing,
and credit card companies will lose some interest income due to higher minimums. They will make up the money in the usage fees charged to the stores. People will be more inclined to use their cards because the higher minimums frees up more space.

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