Card Analysis Solutions, a CU card consultancy run by OndineIrving, has launched a Web site, dubbed Credit Card Connection,designed to help consumers find consumer-friendly credit unioncredit cards.
“This new Web site was created from my vision to provide the bestcredit card options to American consumers in the wake of the unfairand deceptive practices prevalent with the major credit cardmarket,” Irving said. “I knew the majority of credit unions offerthe most fair and ethical credit card programs in the market, yetno one was getting the word out effectively. Through communicationwith nationally known personal financial expert, Suze Orman, wehave collaborated to get the word out to America that there arealternative options,” Irving added.
Irving explained that each credit union's credit card program isbeing rated on a five-star system. A fair and ethical credit cardprogram is deemed as one with either fixed or variable rates ofless than 18%, no balance-transfer fees, no annual fees, late feesat or less than $25 and no penalty pricing.
“Most credit unions have been receiving a five-star rating,” Irvingsaid. “It is highly unlikely those credit unions which have soldtheir credit card programs to banks will be eligible for theregistry, as most of these programs have rates that exceed 18%along with other typical bank fees.”
Irving said that, as of its launch, more than 200 credit unions hadsigned up to take part in the site and that credit unions canregister for inclusion in the CCC site through Card AnalysisSolutions (www.cardanalysissolutions.org).
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