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Credit Card Disclosures Cause Consumers to Pay Less Toward Debt [Study]

Opening a credit card statement these days often comes with a bit of sticker shock. Banking regulations passed in recent years now require lenders to show consumers how much their credit card balances will generate in interest and fees if only minimum payments are made to pay it off. For example, a healthy monthly payment [...]

Are Credit Card Companies Really Charging 83.3% Interest?

Everyone pays attention to the interest rate when shopping around for credit cards, but Finance Charge policies are rarely glanced at. Are credit card companys are really charging you 83.3% interest?   When a customer receives a $1000 loan from a bank, the bank in turn has the legal right to charge interest on the rate [...]

Tips For Getting Out Of Credit Card Debt

Tips For Getting Out Of Credit Card Debt

Author: Dr. Marcilio

If you’ve found yourself in a bad financial situation, try some of these tips for getting out of credit card debt. While each tip might not work in every situation, you should be able to find something here that will help you get into a better [...]