As federal legislation is being considered to hopefully reign in the sometimes questionable practices of credit card companies, it’s important for consumers to continue to protect themselves financially–especially in today’s tough economy. The website CreditCards.com has a glossary of credit card-related terms that can help indicate to users when they may be in financial trouble. It’s helpful to understand these terms in order to be in control of managing your finances. And don’t forget to always read the terms and conditions before you agree to a new card.
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Disclaimer
Any information shared by Econ4U is provided for informational purposes only. The content is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. We recommend that you discuss your specific circumstances with an independent financial adviser.
