Can you spell "No Grace Period"? Pay the card in full on time, still get charged interest! What's that about?
That's a common question that people ask me when they contact me to discuss bankruptcy. The short answer is "No". We'll look at why that is so in this article. (more…)
If you're paying off credit card balances using money you've taken from your retirement account or received from a home equity loan, you're entering dangerous (financial) territory. Let's take a look at this. (more…)
If you're paying the minimum payments on your credit cards each month and have no money left over, barely scraping by, you may be short-changing yourself and your family. See if the money you spend each month paying on your credit cards causes you to be in one or more of the following situations. (more…)
Banks are sending offers for "professional" credit cards that do not qualify for the consumer protections provided by the "Card Act" of 2009. Those protections were intended for you but you won't get them with these credit cards. (more…)