Providian Financial Corp. recently raised the rate on its high-risk accounts from 23.9 percent to 29.9 percent, a move that threatens to drain thousands of dollars from financially strapped households during the next few years. The rest of the story is at: http://www.sun-sentinel.com/templates/misc/printstory.jsp?slug=sfl-28creditcards
That is the ironic thing... people who can pay the least, end up paying the most... Lets keep our CC balances down!
