Debt Management, mortgage and credit news - a blog for the average consumer.

How to minimize credit card interest rates

The fact is that credit card companies can raise your interest rates for almost any reason, or (as one contract states) “for no reason at all.” In one of the more egregious cases …

Credit card late payments at record levels

The American Bankers Association reports that the percentage of credit card accounts 30 or more days past due was 4.64% in third quarter of 2005, down slightly from the all time high of 4.81% registered …