Bankruptcy and the debtors who seek bankruptcy protection have often been the unfortunate victims of unfair labels and generalizations. One of the unfair and inaccurate labels given to debtors who file bankruptcy is "irresponsible." ...
In the state of Texas there is a four year statute of limitations on the ability of debt collectors to sue a debtor because of an unpaid credit card debt. What that means is...
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...
Most credit card companies will send a delinquent credit card account to a collection agency after 180 days of no payment. These delinquent credit card accounts are usually sold for pennies on the dollar....
According to an article in Forbes, as study conducted by the Pew Charitable Trust found that credit cards offered by credit unions may offer lower rates and cheaper fees than their bank issued counterparts....
As the school year begins, credit card companies are in a mad dash to rack up as many new and young customers as possible before the Credit Card Accountability Responsibility and Disclosure Act of...
