Credit cards with high interest rates may be a necessary of evil for those focused on credit repair (as a means of rebuilding your credit), but if you’re not careful you could end up with worse credit than you started with.
Entries Tagged as 'CARD Act'
How a Credit Card Company Gets Away With Charging 79.9 Percent Interest
February 10th, 2011 · No Comments · Consumer Info, Credit Cards, Credit Repair
Tags: APR·CARD Act·credit·Credit Cards·Credit Repair·First Premier card·First Premier credit card·high interest rates·late fee·processing fee
Credit Cards That Do NOT Charge Foreign Transaction Fees
March 9th, 2010 · 1 Comment · Banking, Credit Cards
The blog post we did last summer entitled “Beware of Credit Card Foreign Transaction Fee Fever” has generated quite a bit of reader commentary, with many of you sharing negative experiences associated with this topic. The bad news is, it doesn’t seem that these fees are going to go away any time soon. The CARD act, which placed limitations [...]
Tags: Capital One·CARD Act·credit card fees·Credit Cards·currency conversion fees·foreign credit card purchases·foreign transaction fees
Sign of Things to Come? Citigroup Increases Credit Card Fees
February 23rd, 2010 · No Comments · Banking, Credit Cards
The media has been warning consumers for months now that the fallout from the credit card changes instituted by the Credit Card Accountability, Responsibility and Disclosure (CARD) Act is likely to involve increased fees, and the latest news from Citigroup is further proof that the prediction is right on. This past week, a large group of Citi cardholders received [...]
Tags: CARD Act·citigroup credit card fees·credit card annual fees·credit card fees·increased credit card fees·minimal annual purchases
Pre-paid Cards One of Few Easy Options Left for Students
February 22nd, 2010 · 1 Comment · Banking, Credit Cards
Happy birthday to the CARD Act! Today is February 22, 2010, the first day some of the major provisions of the new laws outlined in the much anticipated Credit Card Accountability Responsibility And Disclosure Act are officially in place. Among the major changes include a restriction requiring issuers extending credit to young consumers under the age of 21 to submit an [...]
Tags: CARD Act·Credit Cards·facecard·prepaid cards·prepaid debit cards·student cards·student credit cards·under 21 credit cards
