Tag Archives: Credit Card Debt

Obama Signs Credit Card Reforms

U.S. President Barak Obama has signed sweeping credit card reforms into law. The reforms are designed to protect cardholders from certain interest rate hikes, unfair fees, issuing, and billing practices, and generally require greater transparency and accountability from card issuers. While most consumer rights groups applaud the reforms as long overdue restrictions on deceptive and predatory practices, some serious points of concern were raised this week in the econo-blogosphere. Continue reading

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Getting out of Credit Card Debt

Credit card debt is a plague and one should try to get out of it ASAP.  Unfortunately for most of them it is hard to pay off the credit card debts immediately.  Often one will not have the resources to pay of … Continue reading

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