Interest Rates on Credit Cards are Steadily Rising
Interest rates are up across the board
Although many interest rates were recently cut, credit cards lenders are set to increase theirs. Mortgages and savings rates have fallen dramatically due to government intervention; however, credit card rates have moved up. Even cards listed as “low-rate” are averaging 11.62%, balance-transfer cards [...]
Payday Loan Borrowers Hope for Credit Card Reform
Obama calls for immediate credit card reform
Consumers are still relying on payday loans to make ends meet as President Obama calls for credit card reform. The President is demanding a credit card reform bill by the end of this month. “Americans know that they have a responsibility to live within [...]
Credit Card Tactics Forcing People to Rely on Payday Loans
Are payday loans the new credit option?
Payday loans are gaining popularity in today’s market because other funding options are becoming extinct. In former times consumers looked to credit cards in times of trouble. Many people have an emergency card in the kitchen cabinet that was only to be used in [...]
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