Andrew
Admin
Cash: $ 467.10
Posts: 1717
Joined: 02 Nov 2003
Location: Texas
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| Beware the Credit Card Company's Dirty Tricks |
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There is almost no end to the ways that credit companies scheme to take your hard-earned money from your wallet. You probably already know to avoid cash advances because of the fees and higher interest rates, but did you know that a late payment on your car loan could actually trigger your credit card company to boost your rate? It's true, they can watch your credit report for any late payments to anyone, if your fineprint says something like "interest charges may increase to the maximum of 24% if payment is not received by us or any other creditor within 30 days of the due date". Find out just how dirty these guys can play...
http://www.bankrate.com/brm/news/cc/20021106a.asp
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