Posts Tagged ‘credit card’
Credit Repair For The Credit Card Challenged
With the economy in the cellar, credit counseling has become a big business. Consumer credit counseling services are popping up everywhere. Telemarketers inundate likely prospects with calls promising fast credit repair. As with other types of services there are reputable credit repair companies and those who charge high up-front fees to [...]
More Consumers Paying Off Credit Card Debt
Americans are seeing the wisdom of getting out of debt as more and more consumers are reducing their credit card debt and paying their bills on time. During the second quarter of 2010 the average combined debt for bank-issued credit fell to $4,951, a reduction of more than 13 percent from $5,719 in the same period a year ago, according to [...]
Consumers, Credit Card Companies At Loggerheads
Smart consumers are finally realizing a low debt load, especially credit card debt, is a very good thing. Card issuers have long found their bread and butter in penalty fees and high interest rates paid by consumers who carry a balance. However, they are feeling a double whammy with both Government regulations limiting the interest, fees, [...]
