Posted on June 30, 2009 by creditanswers
On May 22, President Obama officially signed the CARD Act and the new regulations will take effect in February 2010. This set of laws is a major milestone for the credit card industry and may be instrumental in ending deceptive practices that affect consumers.
Filed under: debt, debt management | Tagged: c.a.r.d act, credit card bill of rights, credit card changes, credit card industry, credit cards, debt credit cards | Leave a Comment »
Posted on November 24, 2008 by creditanswers
As you strive to settle your debts, most of you have made a commitment to rely on cash instead of credit cards. After you complete your debt negotiation program, you will probably want to re-establish your credit. As you probably know, credit cards can cause serious financial problems if they are not used properly.
Unless you [...]
Filed under: debt, debt management | Tagged: credit card companies, credit card debt, credit cards, debt management, settle your debt | Leave a Comment »
Posted on October 8, 2008 by creditanswers
According to a recent article in USA Today, many gas station owners are refusing to accept credit cards due to the increasing surcharges and interchange fees merchants are required to pay on credit card transactions. Many gas stations encourage customers to pay with cash by offering discounts or free products.
In order to help merchants, [...]
Filed under: debt, debt management | Tagged: credit cards, gas stations, pay at the pump | 2 Comments »