Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are the New Credit Card Rules Really Going to Help Card Holders?

0
Posted

Are the New Credit Card Rules Really Going to Help Card Holders?

0

For quite a number of years now many have come to depend on their credit cards to help them get through tough times and to help them purchase the things that they want that they likely can not really afford to buy. Yet people all over the world have plunged themselves head over heels into debt using these cards like they were totally unaware that financial stability was put more and more in jeopardy the further in debt they went. Usually even when they were late on some payments and their interest rates would go up and they were sometimes only able to make heir minimum payments, if they had any credit on a card left, they would use it. Maxing out credit cards and then being unable to keep up with the climbing interest rates is what has ruined so many people. You would think that by now people would have learned that if you can do without a credit card that it is the smart thing to do. Even with the way the interest rates have been manipulated by card companies so openly, people still f

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.