Banks continue to raise rates ahead of new credit-card law (Richmond Times-Dispatch)

Credit-card reform may be looming in the headlines, but for now the fine print is still hitting consumers hard. Banks keep raising minimum payments, interest rates and fees, continuing the credit tightening that began last year, even as cardholders are falling further behind on their payments. The rate at which banks are writing off card debt as unpaid jumped to 10.6 percent in May, up more than …