Six Credit Card Secrets Banks Don't Want You to Know

Credit Letters
Letter No. 1

Date

Your Name

Your Address

Your Social Security .....

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REMEDY: Bank at separate institutions, or avoid delinquencies.

4. Fees Are Negotiable

Using Credit Cards
INTRODUCTION:

SHOP. Smart consumers do comparison shopping when looking for credit such as a mortgage .....

You may be paying up to $50 a year or more as an annual fee on your credit card. You may also be subject to finance charges of over 18%.

REMEDY: If you are a good customer, the bank may be willing to drop the annual fee, and reduce the interest rate ‹ you only have to ask! Otherwise, you can switch issuers to a lower- priced card.

Legal Ways To Get The Bill Collectors Off Your Back
Sometimes, the formal and legal declaration of personal bankruptcy is the best way to go when you're "snowed under" .....

5. Interest Rate Hikes Are Retroactive

If you sign up for a credit card with a low "teaser" rate, such as 7.9%, when the low rate period expires, your existing balance will likely be subject to the regular and substantially higher interest rate.

REMEDY: Pay in full before the rate increase or close the account.

6. Shortened Due Dates

Most card issuers offer a 25 day grace period in which to pay for new purchases without incurring finance charges. Some banks have shortened the grace period to 20 days‹but only for customers who pay in full monthly.

REMEDY: Ask to go back to 25 days.

Are you convinced now..? Order Now...
Click here to get the credit you deserve..!

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