Stories Tagged ‘credit card fees’
Consumers taking a big hit from credit card costs
By David Ranii Credit card companies are imposing hidden charges and deceptive fees that are bleeding major dollars from consumers, according to a new report from the Durham-based Center for Responsible Lending. One of the new industry practices alone is currently costing American families $720 million a year, a figure that could grow to $2.5 billion if more credit card issuers adopt the ... More »
How to Avoid High Credit Card Fees
Individuals with problematic credit histories often suffer unfairly from high mortgage, insurance, and car loan rates. On top of that, they have difficulty getting approved for credit cards. The whole situation can get extremely frustrating. Frequently, I get emails from consumers wondering what they can do to rebuild their credit. The first thing I tell them is to get a credit card designed fo... More »
