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There are other, absolutely legal tricks available to the industry. Bill Anderson, of BankRate.com was surprised to learn that as a reward for mailing in his credit-card payment on time, he would have less time each month to pay. Ron Stadelman has another tale of woe. Last summer the Cary, Ill., real estate agent transferred his balance to a Household Visa card with a 10.4% rate. But within a few months, his account, among others, was purchased by Fleet Bank, which gradually hiked the rate to 26.9% and said Stadelman couldn't close the account until he paid...

Author: /time Magazine | Title: Finance: On The Hook For Fees | 8/9/1999 | See Source »

Married. The divorced wife of the Marquess of Queensberry,* formerly Irene Richards of the Gaiety Theatre, London, to Sir James Hamet Dunn of London; in Paris. Died. George M. Stadelman, 52, President of the Goodyear Tire and Rubber Co., Vice President of the Rubber Association of America, pioneer U. S. rubber manufacturer, onetime carriage tire salesman; at Akron, Ohio, suddenly, possibly as result of a shock sustained when thugs not long ago forced Mr. and Mrs. Stadelman to aid them in ransacking the Stadelman home...

Author: /time Magazine | Title: Milestones: Feb. 1, 1926 | 2/1/1926 | See Source »

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