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Changing Credit Card rules

Cwolf112

Everyone should keep a sharp eye on their credit card term agreements, because many are going to be changing quickly. Not only are credit lines being slashed, but interest rates are doubling for some customers, regardless of your past payment history. And if you don't contest it when you have the chance, you'll be paying through the nose on debt. Always read the fine print!

Shared by Cwolf112 on 12/2/08
carolineshannon

Thanks so much for this advice. Now is the time to definitely be paying attention to this stuff.


aliciak

Good advice! I try to only use my credit card when absolutely necessary, and instead use my debit card so that there is that feeling of "the money is gone!" instantly. It feels more real. I have actually always paid my credit card bill in full, to this day!

  • By aliciak
  • on 12/2/08 12:36 PM EST