Category: Credit Cards
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Are They After You?
In a July 13, 2010 article, the New York Times laid out an issue that is confronting many Americans today – debt collection practices. It is almost daily that I answer questions on this subject from people who are being hounded by collection companies on debts that they owe. The NYT article really dealt with…
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More Credit Card Rules?
Wow, Congress just keeps helping by adding more rules. This weekend the remaining new credit card rules took affect. Yesterday, while listening to the radio, I learned from those being interviewed that the consumer finally had the upper hand. Really? Let’s give it some time. These new rules are going to make many happy. Now,…
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Watch Out For Those Fees
Over the last year, financial institutions have been looking for additional ways to make money after the laws were put in place to “protect” the American consumer. Congress decided that they were going to fix the problem of credit card companies taking advantage of people who had charged on their personally held and signed up…