Credit union credit card programs received a national push on Larry King Live on Dec. 10 when noted consumer advocate Suze Orman promoted the cards and the low interest rates at federally chartered credit unions.
When a viewer e-mailed a question about moving her balance from a bank credit card to a CU credit cards, Orman responded:
"Yes, yes, yes, yes. So here's my new thing, credit unions-especially ones under that are federally chartered, so to speak-the maximum interest rate they can charge you is 18%" Orman said in response to the question, according to the show's transcript.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
