Credit Cards

eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
Business & Money
Technology
Women
Health
Education
Family
Travel
Cars
Entertainment
SD Editorials
Online Guide and article directory site.
Foodeditorials.com
Over 15,000 recipes & editorials on food.
Lyricadvisor.com
Get 100,000 Lyric & Albums.
  • Business & Money
    • A Guide to Business
    • Guide to Finance
    • Ideas for Marketing
    • Legal Guide
    • Guide to Insurance
    • Lettre De Motivation
    • Guide to the Stock Market
    • Human Resource Career
    • Sales Marketing
    • Forex & Trading
    • Advertising & Marketing
    • Startup Guide
  • Technology
    • Guide to Technology
    • Cell Phones
    • Computer Software
    • IT Hardwares
    • Internet
    • Online Security
    • Cameras
    • Search Engine Optimization
    • Science & Technology
  • Women
    • Guide to Women
    • Relationship Advice
    • Marriage
    • Jewelry
    • Pregnancy
    • Fashion Style
    • Divorce Guide
    • Wedding Guide
    • Dating Guide
    • Natural Beauty
  • Health
    • Guide to Health
    • Guide to Medical
    • Plastic Surgery
    • Weight Loss
    • Sports
    • Body Wellness
    • Cancer Treatment
    • Common Illness
    • Health & Lifestyle
  • Education
    • Military Service
    • Politics and Policy
    • Arts & Humanities
    • Education and Teaching
    • Learn Languages
    • Colleges & Universities
  • Family
    • Quality Home Improvement
    • Hobbies and Interests
    • Family Guide to
    • Pet Guide
    • Loans Guide
    • Credit Cards
    • Gardening Guide
    • Home Security
    • Real Estate
    • Home Decor
    • Gift & Present
  • Travel
    • The Travel Guide
    • Adventure Travel
    • Cruise Ships
    • Beach Holiday
    • Travel Accommodation
    • Holiday Destinations
  • Cars
    • Information on Cars
    • Traffic Violations
    • Auto Insurance
    • Trailers
    • Sport Cars
    • The Bikes
  • Entertainment
    • Entertainment Guide
    • World Music
    • Photo & Video
    • Television & Games

Credit Card No Bank

    View: 


1. Interest Backdating



Most card issuers charge interest from the day a charge is posted to your

account if you don't pay in full monthly. But, some charge interest from the

date of purchase, days before they have even paid the store on your behalf!

REMEDY: Find another card issuer, or always pay your bill in full by the

due date.

2. Two-Cycle Billing

Issuers which use this method of calculating interest, charge two months worth

of interest for the first month you failed to pay off your total balance in

full. This issue arises only when you switch from paying in full to carrying a

balance from month to month.

REMEDY: Switch issuers or always pay your balance in full.

3. The Right To Setoff

If you have money on deposit at a bank, and also have your credit card there,

you may have signed an agreement when you opened the deposit account which

permits the bank to take those funds if you become delinquent on your credit

card.

REMEDY: Bank at separate institutions, or avoid delinquencies.

4. Fees Are Negotiable

You may be paying up to $50 a year or more as an annual fee on your credit card.

You may also be subject to finance charges of over 18%.

REMEDY: If you are a good customer, the bank may be willing to drop the

annual fee, and reduce the interest rate ? you only have to ask! Otherwise, you

can switch issuers to a lower- priced card.

5. Interest Rate Hikes Are Retroactive

If you sign up for a credit card with a low "teaser" rate, such as 7.9%, when

the low rate period expires, your existing balance will likely be subject to the

regular and substantially higher interest rate.

REMEDY: Pay in full before the rate increase or close the account.

6. Shortened Due Dates

Most card issuers offer a 25 day grace period in which to pay for new purchases

without incurring finance charges. Some banks have shortened the grace period to

20 days?but only for customers who pay in full monthly.

REMEDY: Ask to go back to 25 days.

 

SOURCE: MASSACHUSETTS EXECUTIVE

OFFICE OF CONSUMER AFFAIRS AND BUSINESS REGULATION
More Articles from
Cheapest Way To Accept Credit Cards
Best Credit Card Rate
Best Credit Card Transfer Rates
Best Credit Cards Rates
Best Credit Cards Rewards
Best Gas Credit Card
Best Prepaid Credit Cards
Best Travel Credit Cards
Card For New Year
Credit Card 5 Rebate
Credit Card Best Rates
Credit Card Billing Statement
Credit Card To Reestablish Credit
First One Credit Card
Less Than Perfect Credit Card
Low Credit Card Transfer
Muscle And Fitness 2008
No Annual Fees Credit Cards
Premier Bank Credit Card
Premier Bank Credit Cards
Right Credit Card For Me
» More on
Types of Credit Cards
  • Related Articles
  • Author
  • Most Popular
•Apply Credit Card No, by Devin Gilliland
•Bank Credit Card Services, by Bigtaker0816
•Business Credit Card No Personal, by Art Dash
•Credit Card Application No Credit, by Mario Churchill
•Credit Card Consolidation Bank, by Bigtaker0816
Bhola_bhala has sinced written about articles on various topics from Credit Cards. This article is provided by Arslan at AmeriFico - Your local , analysis & rest. Bhola_bhala's top article generates over 2900 views. to your Favourites.
Children With Physical Disability
The credit behind self-dependence of physically disabled people goes to innovative mobility equipment manufacturers, who understands every minor or major needs of people and develop their mobility eq...
 
A Guide to Business | Guide to Technology | Guide to Women | Guide to Health | Family Guide to | Travel & Vacations | Information on Cars

EditorialToday Credit Cards has 1 sub sections. Such as Credit Card Information. With over 20,000 authors and writers, we are a well known online resource and editorial services site in United Kingdom, Canada & America . Here, we cover all the major topics from self help guide to A Guide to Business, Guide to Finance, Ideas for Marketing, Legal Guide, Lettre De Motivation, Guide to Insurance, Guide to Health, Guide to Medical, Military Service, Guide to Women, Pet Guide, Politics and Policy , Guide to Technology, The Travel Guide, Information on Cars, Entertainment Guide, Family Guide to, Hobbies and Interests, Quality Home Improvement, Arts & Humanities and many more.
About Editorial Today | Contact Us | Terms of Use | Submit an Article | Our Authors