How Debt Gets to Collectors - Legal Consequences

How Debt Gets to Collectors - Legal Consequences When you become late on one credit card - your rates immediately jump up on ALL you credit cards. Including promotional zero-interest cards. And sometimes this goes retroactively back in time. Credit card companies explain that they can do this because you become a "high risk". As of today (beginning of 2009) late fees and over-limit fees are by far the single biggest profit center for credit cards (more than $4 BILLION annually). Those fees ... [ go to Youtube.com ]

Time : 5 min 11
Added : 25/02/09 18:22
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