<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2258adcd-e2c8-48f5-b541-336eef84300f/6933BF40-A4B3-49F0-A949-1365B44802B0/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.reuters.com/article/wtMostRead/idUSTRE54N09Q20090524?feedType=RSS&feedName=wtMostRead" href="http://www.reuters.com/article/wtMostRead/idUSTRE54N09Q20090524?feedType=RSS&feedName=wtMostRead" style="font-size: 11px;">www.reuters.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/wtMostRead/idUSTRE54N09Q20090524?feedType=RSS&feedName=wtMostRead">card lenders will face new restrictions on rates and fees and be required to improve both the amount and speed of their disclosures.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/wtMostRead/idUSTRE54N09Q20090524?feedType=RSS&feedName=wtMostRead">"The average rate now is 13.8 percent and I could see it going north of 15 percent by early next year. When issuers report charge-off rates in the double digits, it's scary stuff."</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/wtMostRead/idUSTRE54N09Q20090524?feedType=RSS&feedName=wtMostRead">Card companies will have to wait to raise rates on existing balances until borrowers are 60 days late</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/wtMostRead/idUSTRE54N09Q20090524?feedType=RSS&feedName=wtMostRead">"Double-cycle" billing, where issuers look at balances over a two-month period to calculate finance charges, is out. </blockquote><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content6.clipmarks.com/images/clip-icon.gif" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.reuters.com/article/wtMostRead/idUSTRE54N09Q20090524?feedType=RSS&feedName=wtMostRead&pageNumber=2&virtualBrandChannel=10531" href="http://www.reuters.com/article/wtMostRead/idUSTRE54N09Q20090524?feedType=RSS&feedName=wtMostRead&pageNumber=2&virtualBrandChannel=10531" style="font-size: 11px;">www.reuters.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/wtMostRead/idUSTRE54N09Q20090524?feedType=RSS&feedName=wtMostRead&pageNumber=2&virtualBrandChannel=10531">"Card companies are going to raise rates regardless</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/wtMostRead/idUSTRE54N09Q20090524?feedType=RSS&feedName=wtMostRead&pageNumber=2&virtualBrandChannel=10531"><P>RATES RISE, CREDIT AVAILABILITY DROPS</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/6933BF40-A4B3-49F0-A949-1365B44802B0/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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