Saturday, January 7, 2012

Credit card interest rates on the rise

See it on TV? Check here.   William Rubens, Eyewitness NewsNEW YORK (WABC) -- There's now more incentive to try and pay off that credit card balance: interest rates are on the rise.

The average rate nationally has risen to a four-year high.

It's gone from 14.75% to over 15.1%.

Those figures, are based on new offers from 100of the nation's most popular issuers of credit cards.

But consumers can fight back, by calling their card companies, and trying to negotiate lower rates.

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