It has helped in a lot of ways. Prevented the sudden increase in rates by the card issuers. The restrictions on over-limit and late fees, the end to double billing cycles, rules regarding how the more-than-minimum payments are going to distributed – all these together has reduced the borrowing costs on the whole.
It has helped in a lot of ways. Prevented the sudden increase in rates by the card issuers. The restrictions on over-limit and late fees, the end to double billing cycles, rules regarding how the more-than-minimum payments are going to distributed – all these together has reduced the borrowing costs on the whole.