1.Click anywhere in the box below & press Control A to select all.If you read the papers, there has been a lot of different articles recently about credit card debt- the credit crunch has been all over the news…
There are many stories out there, both from the consumers side & the banks’ side.
And now, many banks are raising delinquency fees & lowering available lines of credit.
But, what about credit card debt relief?
Here are a few links about debt relief:
This one from MSN…
http://www.msnbc.msn.com/id/18155301/
This one from the FTC…”Knee Deep in Debt!”
http://www.ftc.gov/bcp/edu/pubs/consumer/
More bankruptcy news tomorrow- we hope you have enjoyed this coverage of credit card debt relief!
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In the UK CC companies have been increasing their rates. The Government stepped in but a compromise was reached which means the CC companies are still refusing to decrease their rates even though the interest rates are at an all tome low. They did however say they wouldn’t be too harsh on people falling behind on repayments.
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