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Universal Default Trap - Credit/Debt Management Archives
Universal Default Trap - The Sun-Sentinel Writes: "It happens today more than you think. You've been paying your credit card bill on time, but suddenly, without notice, the card company raises your interest rate of 4 or 9 percent to as high as 29.99....(Continue Reading)
Universal Default?
In an article Watch Out for Credit Cards with 'Universal Default' Policies - and Shop for a Friendlier Card: "A national consumer advocacy group, Consumers for Responsible Credit Solutions (CRCS), is advising consumers to watch out for credit cards t...(Continue Reading)
6 "Dirty Little Secrets" About Credit Cards
PBS Frontline "Secret History of The Credit Card" offers some insight to issues the industry would rather you did not know. Here are some of the scarry highlights of that program....(Continue Reading)
Universal Default
CardRatings.com offers How to Avoid Credit Card Interest Rate Hikes: "...if your credit score is lowered, then the interest rates on existing credit card debt could increase significantly. " See also my article, 6 Dirty Little Secrets About Credit Ca...(Continue Reading)
Universal Default Trap
The Sun-Sentinel Writes: "It happens today more than you think. You've been paying your credit card bill on time, but suddenly, without notice, the card company raises your interest rate of 4 or 9 percent to as high as 29.99......(Continue Reading)
Repaying Federal Student Loans
If you find yourself unable to deal with your current repayment plan, do not assume you are locked into that plan. However, student loans cannot be discharged even with bankruptcy. Continued default can mean damaged credit, additional collection fees...(Continue Reading)
Defaulted Student Loans
DOE offers Collections Guide to Defaulted Student Loans: "Student loan borrowers in default now have more options than ever before to repay their student loans. The U.S. Department of Education's Collections Department is committed to assisting those...(Continue Reading)
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Recommended Credit Default Site:
DefaultRisk.com The largest collections of credit risk modeling …
A central resource for managers of credit risk measurement and modeling.
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