Archive for the ‘Universal Default’ Category

The Credit Card Holders Bill of Rights [H.R.5244] has passed in the U.S. House of Representatives! WASHINGTON, DC – House Financial Institutions and Consumer Credit Subcommittee Chairwoman Carolyn B. Maloney (D-NY) , [pictured left] introduced the “Credit Cardholders’ Bill of Rights Act of 2008” (H.R. 5244). The bill abolishes major industry abuses that unfairly hurt [...]

The Credit Card Holders Bill of Rights [H.R.5244] has passed in the U.S. House of Representatives! WASHINGTON, DC – House Financial Institutions and Consumer Credit Subcommittee Chairwoman Carolyn B. Maloney (D-NY) , [pictured left] introduced the “Credit Cardholders’ Bill of Rights Act of 2008” (H.R. 5244). The bill abolishes major industry abuses that unfairly hurt [...]

I got this awesome email from our allies at Americans For Fairness In Lending [AFFIL.org]. It explains in plain English the TOP 14 Credit Card tricks and traps. Here they are below: 1. Fees and More Fees! On any given month, you might pay a late payment fee, over limit fee, cashadvance fee, balance transfer [...]