elimination of grace period Tag Archives -

Bank of America to Consumers. You Get a Grace Period if You Pay.

January 19, 2011 by Steve Rhode

Bob Sullivan over at the Red Tape Chronicles put out a great piece today on Bank of America and the “sort of” grace period. When is a grace period not really a grace period? When you have to pay a $6 fee for using it. Some Bank of America mortgage customers will receive an unwelcome …

Credit Card Industry to Punish Consumers for New Credit Card Protections

December 20, 2009May 19, 2009 by Steve Rhode

There is no easy way to say this, credit card company greed makes me want to vomit. Today, credit card companies and the American Bankers Association have their britches all in a bunch because new credit card limits and protections for consumers will be voted into law within the week. The banks response, more fear …

Search the Site