Tag Archives: credit card terms
- Would You Like to See Easier to Read Credit Card Agreements?
The Consumer Financial Protection Bureau (CFPB) is soliciting feedback and comments from consumers about a news and simpler format for credit card agreement. That’s a terrific idea. Even more impressive is the public database they maintain with over 300 current agreements from banks all over the U.S. The CFPB is soliciting comments and you can [...]
- Forgotten Regulations That You Can Use to Make Your Creditors Treat You Fairly
If you are concerned about the way credit card companies and other lenders do business, you will be pleased to discover a little known regulation enacted for your protection. Regulation Z, or the Truth in Lending Law, regulates certain credit card practices and helps you know the true cost of credit and achieve a fair [...]
- I’m In a World of Hurt With Our Credit Thanks to Bank of America. – Sandy
“Dear Steve, I am in a world of hurt with our credit although we have never missed any payments and have always remained current however it is becoming harder and harder to continue on. Total unsecured debt is near 90,000. We have been living check to check for years. Credit card companies have lowered our [...]
- Bank of America Lied to Me And Jacked My Rates. – Dee-Dee
“Dear Steve, Initially contacted Bank of America to reduce Credit Card APRs, and they closed all my credit card accounts. Was told to call back in 6 months for APR reduction. Promised an APR reduction from 24.99% to 8.99%. Received a letter indicating that although Bank of America agreed to the APR reduction, they are [...]
- Tough Credit Terms – Just Because You Need to Laugh
- Nordstrom Bank Wants to Freeze Part Of Your Account And Use Your Money Interest Free
A particular little notice looks like it really caught the eye of myself and the brain behind CreditMattersBlog.com. He’s got an article titled “Nordstrom Bank May Not Give You Full Access To Your Available Credit For Up To 21 Days After A Payment Is Credited To Your Account” that is worth a look. Apparently Nordstrom’s [...]