25th August 2009
In reaction to the passing into law of The Credit Card Accountability, Responsibility, and Disclosure Act (aka The Credit CARD Act),credit card issuers are raising rates, fees, and charges prior to the phasing in of the acts provisions beginning in Au...
25th August 2009
As the major credit issuers continue to raise interest rates, fees, and payments many card holders will be looking to transfer balances to companies with, for example, lower minimum payments and fixed interest rates. For those with solid credit scores,...
25th August 2009
Interest rates with seemingly nowhere to go but up and recently passed legislation by Congress are threatening to turn fixed rate credit cards in to a dying breed. According to bankrate.com, approximately two thirds of credit cards outstanding currentl...
26th July 2009
A recessed economy and bursting of the real estate bubble have pushed borrowers to the point where they can no longer keep up with payments on their credit cards and consumer debt. For those searching for solutions, the decision often comes down to choosi...
26th July 2009
As debt settlements, bankruptcies, and the unpopularity of credit card companying continue to increase, the Obama administration reiterated its support behind legislation in Congress that would put restrictions on the imposition of higher fees and intere...
26th July 2009
As struggling consumers start looking at debt relief options it’s critically important that they understand the difference between their options, the overall effect each option will have on their financial picture, and whether there is another agenda at...
26th July 2009
With consumers awash in debt and an economy that doesn’t look it’s going to save them anytime soon, the debt relief industry is thriving as new companies offering one or more of the services open for business on a daily basis. Each debt relief option ...
26th July 2009
Pro: Less Harassment
If you have ever had credit card debt before then you know how annoying it is to receive calls, letters, and even e-mails asking for payments. Once you enter a debt negotiation program, you’ll be on your way to reducing and payin...
26th July 2009
Debt negotiation is a relatively new form of debt relief that is gaining popularity for its results in reducing credit card and consumer debt and because the process can also help homeowners avoid foreclosure by making home loan modifications more likely ...
26th July 2009
In reaction to the passing into law of The Credit Card Accountability, Responsibility, and Disclosure Act (aka The Credit CARD Act), credit card issuers are raising rates, fees, and charges prior to the phasing in of the acts provisions beginning in Augus...
26th July 2009
The Credit Card Accountability, Responsibility, and Disclosure Act, which was recently passed into law, is intended to protect consumers from arbitrary and unannounced interest rate hikes, fees, and penalties charged to them by credit card companies. Desp...
26th July 2009
If you have a credit card, a checking, or a savings account you’ve probably already noticed that the attached fees, charges, and interest rates are going up. Consider the first half of the year a warm-up for the really big increases going in effect betw...
26th July 2009
Struggling consumers have more choices today than ever when it comes to debt relief options. These choices include credit counseling, debt consolidation, debt settlement, and bankruptcy. Opinions vary widely on each option but making the right decision is...
20th July 2009
If you’re struggling with unwieldy credit card debt or other financial obligations, you may be wondering what your options are for relief. Many people look into filing bankruptcy as a possibility for getting out of debt, but there are consequences to b...
20th July 2009
If you’re struggling with unwieldy credit card debt or other financial obligations, you may be wondering what your options are for relief. Many people look into filing bankruptcy as a possibility for getting out of debt, but there are consequences to b...
