Higher 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 [...]
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StumbleUponHow to Overcome High-Pressure Credit Card Debt Collection Tactics (Part 2)
Posted On: April 7, 2009
By Gerri Detweiler and Mary Reed, CardRatings.com Reporter
Editor’s Note: This article is the second of a two-part series on debt collection.Calling Debtors At Work
If a debt collector calls you at work and you tell him that you can’t talk to him when you are on the job, he must stop contacting you there immediately. [...]
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How to Overcome High-Pressure Credit Card Debt Collection Tactics (Part 1)
Posted On: April 3, 2009
By Gerri Detweiler and Mary Reed, CardRatings.com Reporter
Editor’s Note: This article is the first of a two-part series on debt collection.On a recent Dateline NBC investigation, debt collectors posing as law enforcement officers were captured on tape illegally threatening debtors with immediate arrest if they didn’t pay up. Unfortunately, complaints about high-pressure debt collector tactics [...]
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Help With My Credit Rescues Debtors from Credit Card Debt
Posted On: March 18, 2009
By Michael Killian, CardRatings.com Reporter
Editor’s Note: This article is an interview with Joe Ganley, a spokesperson for Help With My Credit.Daily, the economy seems to become more and more difficult to deal with. Consumers across the land are screaming for aid in dealing with their credit load. Major banks have joined forces to offer consumer [...]
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Student Credit Card Tips for Parents (Part 4)
Posted On: November 21, 2008
By Curtis Arnold, CardRatings.com Founder
Editor’s Note: This article is the third in a four-part series containing consumer tips for parents of children and young adults.
I often speak on college campuses, and here’s what I tell the students: I know first-hand about the dangers of getting into credit card debt while you’re in school. Before I [...]
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What If I Close My New Credit Card Account?
Posted On: March 23, 2007
Author: Brammy
Posted: Sat Mar 10, 2007 6:08 pm
Post subject: Closing a new account
I am considering closing a new account because it has no rewards and I am really interested in a rewards card at this time. The account has been opened for two months and is at a zero balance. One of those mind [...]
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Bank of America Credit Card for Current Customers
Posted On: November 30, 2006
Author: directdude2001
Posted: Thu Mar 09, 2006 11:19 am
Post subject: New BoA Card I received an offer for a BoA card which said it was for “BoA customers only” on Feb 20. I applied on Feb 22 and was approved instantly online.
My question is does anyone know how long it takes the card [...]
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Consolidating Your Credit Card Debt Tips
Posted On: September 30, 2006
Author: cjones
Posted: Mon Jun 07, 2004 3:24 pm
Post subject: refinancing mortgage
Hi, My husband and I are due to close on a loan to consolidate our first and second mortgage with a lower interest rate on 6/24/04. We just had a brain storm to role our credit card debt of approx. $8,000 into the loan [...]
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Credit Card Debt Ratio Tips
Posted On: January 20, 2006
archive
Posted: Wed Aug 18, 2004 6:08 pm
Post subject: Credit Card Debt Ratio Tips
abcd
Date: 5/27/2001 7:32 am CDT
We have several cards-one with an 8000 limit– a platinum with a 6500 limit- and one or two with 1000-2500 limit. We always paid off our cards at the end of every month…. however, my husband needed to finish [...]
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Fee Charged by Merchant for Credit Card Usage
Posted On: April 6, 2005
Post subject: Merchants charging a fee
K Caton
Date: 10/3/2000 10:38 am CDT
I have been going to a salon for a few years and have always been able to pay by check. Recently, they have decided to no longer accept checks only cash and credit cards/bank cards. Usually my charge is $10.00 and to pay by my [...]
