Industry | 2009.09.09
Credit Card Re-Pricing Angers Consumers, Says Auriemma Consulting Group
WESTBURY, N.Y.--(BUSINESS WIRE)--A majority of U.S. consumers trust credit card companies less than they did a year ago and feel they have not been treated fairly by the credit card industry. About half of consumers claimed they were re-priced by their credit card company, while 20% reported a credit line decrease, according to Cardbeat®, a syndicated market research report published by Auriemma Consulting Group (ACG). Although one-quarter of consumers admitted that the increased interest r
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