New fees will soon be added to some credit cards - WALB.com, Albany News, Weather, Sports

New fees will soon be added to some credit cards

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Woman severely beaten

    Woman severely beaten

    Wednesday, July 30 2014 11:24 AM EDT2014-07-30 15:24:47 GMT
    The Georgia Bureau of Investigation says a 38-year-old woman was found badly injured in a car on Stewart Road around 9:15 p.m. Tuesday.More >>
    The Georgia Bureau of Investigation says a 38-year-old woman was found badly injured in a car on Stewart Road around 9:15 p.m. Tuesday.More >>
  • Albany robbery, shooting suspect caught in Macon

    Albany robbery, shooting suspect caught in Macon

    Wednesday, July 30 2014 11:15 AM EDT2014-07-30 15:15:00 GMT
    An Albany man wanted for shooting and robbing an East Albany man has been arrested in Macon.More >>
    An Albany man wanted for shooting and robbing an East Albany man has been arrested in Macon.More >>
  • Missing Alzheimer's patient found safe

    Missing Alzheimer's patient found safe

    Wednesday, July 30 2014 10:20 AM EDT2014-07-30 14:20:28 GMT
    71-year-old Ronald Sutton Hausman was last seen around 10 o'clock Tuesday night leaving his home in the 1700 block of Doug Lane, and was recovered in that vicinity.More >>
    71-year-old Ronald Sutton Hausman was last seen around 10 o'clock Tuesday night leaving his home in the 1700 block of Doug Lane, and was recovered in that vicinity.More >>

By Wainwright Jeffers - bio | email

ALBANY, GA (WALB) - If you haven't already, you may soon see increased fees on your credit cards.

In September and October, many companies plan to raise interest rates and fees.

American Express will even start cancelling reward points for some customers who don't pay on time.

Financial experts say card issuers are looking for ways to generate revenue, but they are still willing to work with you to pay off your debt.

"Credit cards are willing to work with clients now more than ever they're offering lower interest rates, and waving all the fees, and the payments are being lowered, we're encouraging clients experiencing difficulty to call us quick," Irma Whitten, CCCS Albany CEO.

The news isn't all bad, both Discover and American Express announced they're eliminating over the limit fees in the next few months.

Feedback


©2009 WALB News. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.