Category Archives: Fees

Pros and Cons of Using Free Balance Transfer Checks to Pay Down Debt

It’s a temptation many of us face every time we bring in mail from the mailbox: should we use those free 0% interest balance transfer checks that come packaged with credit card offers? With many Americans now carrying debts of $10,000 or more on cards that charge anywhere from 20% to 35% interest, a low-… Read More »

Paying Off Debt With 0% Interest Balance Transfer Checks

With most Americans deep in debt, credit card issuers know it’s no longer enough to simply send out credit card offers. Increasingly, they’re including 0% interest balance transfer checks with those promotions to sweeten the deal. By filling out a check, you can supposedly transfer your balance from a high-interest credit card – for instance,… Read More »

Why Chicago Debt Settlement Companies May Not Solve Your Debt Problems

Score another one for the consumer. Debt settlement companies are no longer allowed to charge upfront fees, thanks to the Federal Trade Commission’s attempt to clean up shady debt relief practices. That must make debt settlement a good deal, right? Unfortunately, that’s not the case. There’s a reason that debt relief companies – or scams,… Read More »

How New Debt Settlement Rules Could Affect Atlanta Consumers

Negotiating the world of debt relief just got a little easier. As of last week, debt settlement companies can no longer charge upfront fees. So does that mean you can’t go wrong with hiring someone to settle your debt? Not exactly, say Atlanta attorneys. Companies are still allowed to charge for services rendered – and… Read More »

Big Banks Add New Fees to Counter Passage of Financial Reform Bill

If at first you don’t succeed, try, try again – it could be the motto of big banks following Thursday’s passage of the financial regulation bill. Banks have for months been attempting to stop the legislation, which will cut into their profits from debit card fees – and which could in turn lower prices for… Read More »