Bankruptcy Laws Make it Harder to “Write-Off” Credit Card Debt
Some of the biggest names in credit card issuers, including Bank of America Corp, JPMorgan Chase & Co, Citigroup Inc and Washington Mutual, spent about $25 million between 2004 and 2005- working to get changes to bankruptcy laws that would help protect their profits when people filed bankruptcy. They got what they wanted—and it is [...]
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In this blog you can get the necessary information before applying for a new credit card or before transferring your balances to a lower APR credit card. Make an educated decision before making a financial commitment; search our database of credit card related articles and the comments other bloggers have been making. We appreciate if you can provide first hand information on any major or sub-prime credit card issued for the US market by both US or foreign banks. Let’s uncover what is behind the advertisements and the press releases of credit card companies! At Credit Card News you are welcome to post how credit cards worked for you in real-life situations.
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