Tag Archives: Credit card fees

Since When Does 0% Cost $900?

Before the financial crisis I, like most Americans, received a lot of credit card offers in the mail. What used to be a steady stream has now slowed to a trickle so I’m paying a little more attention to the occasional “good deal” teaser offer. Last week one of them caught my eye. Capital One [...]

Senate Banking Committee Chair Introduces Credit Card Protection Bill

Sens. Chris Dodd (D-CT) and Carl Levin (D-MI) today introduced a new bill to help shield credit card holders from exorbitant fees and penalty interest rates. The legislation would, amongst other things, restrict credit card companies from charging customers for snail mail or telephone payments, institute a number of restrictions on how card issuers can [...]

Outsmart your credit card company

Before you sign up for any loan, it’s important to read all the fine print and watch out for any hidden costs. Personal finance blog Get Rich Slowly has a great post today about the top five credit card “promises,” and how you can avoid unexpected fees and costs. Promise #4: Your card has a [...]

What costs more: a bounced check, payday loan, or credit card late payment penalty?

The folks over at Doughroller noticed our Metro ads! You might be surprised what would be more costly: a bounced check, a short-term payday loan, or a credit card late payment penalty fee… Head over to Doughroller to see the answer.