A Triple Whammy for Credit Card Balance Transfers
Posted On: August 28, 2009
Consumers who are used to transferring credit card debt to new lenders may be in for a shock as new transfer fees are imposed by the banks.
Posted in balance transfer | credit card | credit card act | credit card fee | credit card fees | credit card industry | credit card interest rates | credit card law | credit card rates | credit card reform | credit card regulations | credit cards | 1 Comment
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StumbleUponHigher Minimum Credit Card Payments Offer Fast Track Out of Debt
Posted On: August 7, 2009
In a recent column for the NY Times, Freakonomics authors Stephen Dubner and Steven Levitt explained the genius behind the concept of low credit card minimum payments. When studied by academics, test subjects who selected their own minimum payments often paid far more than monthly bank statements required. For many years, credit card issuers have [...]
Posted in credit card | credit card debt | credit cards | debt | debt reduction | minimum payment | paying off credit cards | recession | 2 Comments
