|
||||||
|
|
Looks like the Credit CARD Act of 2009 isn’t quite putting an end to all those sneaky and unfair credit card tricks. According to a recent Wall Street Journal article, credit card companies are still up to their old tricks, albeit in a different guise. Shortened payment periods. The CARD Act of 2009 mandates that [...] When Congress passed the Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009, it sought to put an end to unfair credit card practices. Those practices were largely centered around fees, interest rate hikes, and billing practices, but unintended consequences of the act are now being seen. The CARD act has put the breaks on [...] I came across this article the other day in which a person asks a staff reporter for CreditCards.com if she pays off her credit card every month, can her score still suffer if that balance is “too high”? The surprising answer is: yes! Your credit score could be hurt by large balances, even if they [...] Poor use of credit cards can be harmful to a person’s credit score, and can sometimes lead to situation with no apparent escape. I’m talking about those who have so damaged their credit score that they have difficulty getting car loans, or even booking hotel rooms. These people live in a financial netherworld where they almost [...] |
 
|
||||
|
Copyright © 2010 Simple Debt-Free Finance - All Rights Reserved |
||||||
Popular Posts