Interest Rates on Credit Cards to Fall Interest rates on many major credit cards are due for a trim, according to the Associated Press. As a result of the new credit card reform law, banks are required to review any rate increases that have been imposed since the beginning of 2009. Millions of consumers saw [...]
Tag Archives: cards
Consumers still pay cards before mortgages
Consumers still pay cards before mortgages It’s not just mortgages that are upside down. Read more on MSNBC
U.S. requires details on loans backing securities tied to mortgages, cards
U.S. requires details on loans backing securities tied to mortgages, cards WASHINGTON – U.S. regulators are requiring firms selling securities tied to mortgages, credit cards and student loans, which froze during the financial crisis, to publicly report information on the loans that back them. Read more on Brandon Sun
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Interest gap between Bank and cards
Interest gap between Bank and cards While UK interest rates have been kept at 0.5% for an 18th month in succession, the rates being charged by credit card providers are rising. Read more on BBC News
Why is a car repossession so much worse than regular unsecured credit cards debt and charge-off?
when the car is actually a secured loan. what is the logic behind it that’s so much worse than regular debt unpaid? if someone’s credit is already shot, say 600, how much damage can repo do?
Posted in Questions & Answers Also tagged chargeoff, credit, debt, much, regular, Repossession, than, unsecured, worse Leave a comment