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However, the regression exhibits a rather low R2, indicating that changes in the unemployment rate only partially explain changes in the credit card default rates, and there are other factors that should be taken into account, as well.
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Other changes in the credit cards' provisions make it more difficult to sidestep the fees.
Congress required changes to gift card fees in the credit card reform bill, which sought to limit the most onerous interest rates and fees on credit cards.
The minor restatements, involving changes to the accounting treatment in the credit card business, arose from a review of Household's books by its new auditor, KPMG, which replaced Arthur Andersen this year.
Explain to the customer service representative what information you would like changed on the credit card.
But lost in fliers' frustration over the changes is this: It may make more sense to change the credit card you use, not the airline you fly.
More details are included in CardHub's first quarter 2013 Credit Card Landscape Report, which surveys interest rates, rewards and fees in the credit card market.
People expect the worst in the credit card business.
As they say in the credit card ads: priceless.
Can a phone company succeed in the credit card business?
Mr. Frank said that financial companies had taken advantage of a delay in putting the credit card changes in place by raising customers' rates.
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