http://masteryourcard.com/blog/2008/02/29/34/ The best Credit Card Debt Blog online Wed, 02 May 2012 03:22:04 +0000 hourly 1 http://wordpress.org/?v= http://masteryourcard.com/blog/2008/02/29/34/comment-page-1/#comment-103854 fcmoney.com Thu, 10 Feb 2011 07:13:50 +0000 http://masteryourcard.com/blog/2008/02/29/34/#comment-103854 Unfortunate that is a true, if you are paying a minimum on a credit card and there is a big balance you will not pay your balance until you pay all your interest rates first, I know that this may sound unfair but credit card company doing those kind of tactics all the time and then they want you to pay them off for another couple of years. Credit card company then treat debtor if debtor not pay then they will charge-off account and report negative information on a credit reporting agency and it will stay there for another 7 years from the first day of deliquency Unfortunate that is a true, if you are paying a minimum on a credit card and there is a big balance you will not pay your balance until you pay all your interest rates first, I know that this may sound unfair but credit card company doing those kind of tactics all the time and then they want you to pay them off for another couple of years. Credit card company then treat debtor if debtor not pay then they will charge-off account and report negative information on a credit reporting agency and it will stay there for another 7 years from the first day of deliquency

]]> http://masteryourcard.com/blog/2008/02/29/34/comment-page-1/#comment-27 Debt Free Revolution Sat, 01 Mar 2008 06:32:48 +0000 http://masteryourcard.com/blog/2008/02/29/34/#comment-27 Mom, I believe that was actually proposed in the US Congress. It didn't get far, either way. Credit card companies rally don't want customers to know things like this! Although they have been required to raise the minimum payment from 2% of the balance to 4% of the balance. Mom, I believe that was actually proposed in the US Congress. It didn’t get far, either way. Credit card companies rally don’t want customers to know things like this! Although they have been required to raise the minimum payment from 2% of the balance to 4% of the balance.

]]> http://masteryourcard.com/blog/2008/02/29/34/comment-page-1/#comment-26 Mom Sat, 01 Mar 2008 06:05:56 +0000 http://masteryourcard.com/blog/2008/02/29/34/#comment-26 A few years ago I head California was going to require that it say right on the statement how long it would take to pay off the balance if you only pay the minimum payment. I wonder if they ever did? That would wake some people up. A few years ago I head California was going to require that it say right on the statement how long it would take to pay off the balance if you only pay the minimum payment. I wonder if they ever did? That would wake some people up.

]]> http://masteryourcard.com/blog/2008/02/29/34/comment-page-1/#comment-25 JB Fri, 29 Feb 2008 21:26:52 +0000 http://masteryourcard.com/blog/2008/02/29/34/#comment-25 This should be written on the front of every credit card application. This is common sense but it seems like many people fall into the trap of minimum payments. This should be written on the front of every credit card application. This is common sense but it seems like many people fall into the trap of minimum payments.

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