Quote:
Originally Posted by happygirl
I read something about this. Apparently this is a decision made by congress and ALL credit cards will be doing this. Chase is just ahead of the game. They will also have to tell you in the statement how long it will take to pay off the debt at that rate.
Personally, I think as a society we should work towards getting rid of credit cards that don't require the user to pay in full at the end of the month anyway. I'm probably in the minority though.
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when do they have to start this?