Thursday, January 24, 2008

Why Close Your Account?

I'm thinking of cancelling deal on my Citibank credit card. I've already heard a lot of troubled talk about the horrible concequences of the mortgage and credit card crisis where credit consumer will be hurt the most.
The news on the financial crisis USA is facing at the moment added more suspicion as to the favorable outcome of the deal with Citigroup.
They are planning to hike the rates and fees and tighten credit and it's not what i particularly want to see...
Credit card holders should think how they could possibly protect themselves.

2 comments:

Humanus said...

The thing is that rates won't rise, just fees. But it's enough, you are right.

Karen said...

It's high time to apply for no annual fee credit cards. Take your chance!