Category Archives: Banks
Credit Getting Tighter For Consumers
With holiday shopping season in full swing, many of us are worrying about whether or not we’re putting too much on the old credit card. But soon we might have a different worry – do we have too little credit? Along with the housing and job markets, consumer credit has shown little sign of recovering… Read More »
Banks Find Ways to Make Checking Accounts More Expensive, Chicago Bankruptcy Lawyers Say
There’s a lot of (legal) pick pocketing going around, but that shouldn’t mean we have to put up with it. Remember last month when we discussed the growing cost of credit cards? In response to new legislation meant to protect consumers from unfair fees and term changes, credit card companies are lowering limits, raising rates… Read More »
Atlanta Bankruptcy Attorneys Wonder What Happened to Free Checking
If banks have their way, free checking could become a thing of the past. But we don’t have to accept it without a fight. You know how I discussed the way credit card companies have been hiking up rates in light of the new consumer protection legislation? Since they can no longer charge unfair fees… Read More »
Higher Minimum Payments Can Save Money, According to Chicago Bankruptcy Lawyers
Higher interest, a lower credit limit and a larger minimum payment – the new changes credit card companies are throwing our way aren’t exactly in the holiday spirit. But at least one of these changes can actually be spun to work in your favor. In the past, most credit card companies kept minimum payments as… Read More »
Atlanta Bankruptcy Attorneys Explain How Increasing Minimum Payments Can Work in Your Favor
Sometimes it seems like credit card companies are out to get us. Especially when they do something like, oh, increase their interest rates, fees and minimum payments right before the holidays. Call it a downside to the new consumer protection laws. Lawmakers limited the unfair fees they could charge, so creditors are finding new ways… Read More »