CU shout out on Today Show
NEW YORK (10/27/09)--Consumers were encouraged by a finance expert to find credit cards at credit unions on The Today Show Monday during a segment on credit card fees.
During the show, Today Show host Matt Lauer interviewed a financial expert--Carmen Wong Ulrich--about credit card fees. Some major credit card companies--such as Bank of America and Citibank, plan to begin charging cardholders fees for inactivity. Lauer asked Ulrich how consumers can avoid paying the fees.
Ulrich responded: "About 80% of companies aren't charging these new fees--especially credit unions. Go to NCUA.gov and you can search Find a Credit Union. No fees and great rates."
To see the video, use the link.
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