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CardRatings.com Poll Reveals 40 Percent of Consumers Believe Credit Card Rate Cap Will Backfire

CardRatings.com -- the most comprehensive free source for comparing credit card offers -- recently conducted a poll asking site visitors if they believe the new law capping credit card interest rates at 16 percent will have unintended negative consequences. More than 59 percent of respondents believe the new law will not have unintended negative consequences, while nearly 41 percent disagree. CardRatings.com founder and consumer advocate Curtis Arnold weighs in. (PRWeb Feb 8, 2010)

Read the full story at http://www.prweb.com/releases/2010/02/prweb3573574.htm

 

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