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Home > Tag Archives: interest rate reduction

Tag Archives: interest rate reduction

Jay Got Sucked Down With The Falling Real Estate Market

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Jay “Dear Steve, I recently remodeled a house. I got the house for such a good deal that I had no problem using credit cards to pay for the repairs. Unfortunately, the market tanked as I was putting the house on the market. What I am left with is a $2000/mo mortgage and around $45,000 in unsecured debt. I make ... Read More »

Credit Card Interest Rate Reduction Scam Closed

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At the request of the Federal Trade Commission, a U.S. district court judge has imposed a telemarketing ban on a Canadian operation that targeted U.S. consumers with false claims that it could reduce their credit card interest rates. The court entered a permanent injunction that puts the defendants out of the telemarketing business and also bars them from misrepresenting that ... Read More »

John Wants to Know “If I Consolidate My Debt On One Account Will It Hurt My Credit Score?”

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“Dear Steve, I opened up too many credit card accounts in the past two years i recently joinend a credit union bank which offered me a chance to put all my credit cards under one account. I owe about 3,000. I also only make about 1,400 a month so at times I’m only able to make minimum payments Will putting ... Read More »

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