Dunned If You Do, Dunned If You Don't

GE Capital will charge users who pay their bills on time

After two years of 25% growth, the credit card industry is reeling from a one-two punch that is putting intense pressure on profitability. Not only is the market saturated--there are over 1.2 billion cards in use--but issuers are being squeezed by two very different kinds of cardholders: those who stiff the companies through delinquencies and those who pay their balances before the interest clock starts ticking.

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