Wells Fargo Credit-Card Rate To Raise Ahead of New Law

Wells Fargo sticking it to consumers their last chance! It makes you sick!!
Oct. 7 (Bloomberg) — Wells Fargo & Co. plans to raise interest rates on a majority of credit-card customers by 3 percentage points before new rules limiting such increases take effect, according to a company executive.
“This is something we’ve been contemplating for quite a period of time,” Kevin Rhein, group head of card services for the San Francisco-based bank, said today in a telephone interview.
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