Credit Card Fees On The Rise

PARK SIDE JAN CARABAO FOR CBS-3 "EYEWITNESS NEWS" RAHEL AND JIM BACK TO YOU

BASED ON A SURVEY OF 100 CREDIT CARDS INTEREST RATES ARE GOING UP SO LETS IS CAUSING HIKE? FEDERAL RESERVISTS RAISING INTEREST RATES FORCING BANKS TO PAY MORE TO BUREAU MONEY SO BANKS ARE PASSING THOSE COST ON TO CREDIT CARD HOLDERS EXPERTS RECOMMEND PAYING YOUR CREDIT CARD BILL IN FULL EACH IN TO AVOID THOSE HIGHER COSTS , THE GOOD NEWS, MOST CARDS HAVE NOT RAISED OR FEES