Many debtors who have fallen at least six months behind on their credit card accounts are receiving payment demands from debt collectors. These calls and letters can be unsettling and scary. But it is...
Making a late payment on your credit card has always carried a heavy penalty. Most prime credit card issuers will dramatically increase a debtor's interest rate for one missed payment. The penalty interest rate...
Since the passage of the Credit Card Act, many credit card lenders have been dreaming up new ways of getting more money out your pockets. One of the newest tricks on the block is...
The best and simplest way to avoid high interest rates on your credit cards is to pay off your balance every month. But for those of us who are already inundated with credit card...
Universal Default and The Credit Card Act of 2009 Once the Credit Card Act of 2009 is implemented in February credit consumers will receive relief from some of the credit card industries most damaging...
As credit card companies increase interest rates and fees, many credit card consumers are looking for alternative sources of credit. Even personal loans are given a second look due to their lower interest rates....
The shopping season is approaching and many consumers are choosing to use their debit cards instead of a credit card this Christmas season. But despite their apparent safety, there are a few precautions you...
