Jul 01
Citigroup is unilaterally increasing the interest rates for millions of users of their credit cards. Good luck with that. The credit bubble will be the next — and the largest — one to burst, and corporate decisions like this are only making it worse.There is little to stop millions of U.S. credit card users from simply walking away from their credit card payments, especially if the interest is increased for no reason — because the debt is unsecured. The only possible threat is that their credit
