Recently in credit card complaints Category

For all too long, the credit industry has had its tentacles firmly clasped upon consumers in all age brackets and income levels. Designed to lift those tentacles one by one, the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of...
More and more credit card companies are taking steps to ensure that all of their credit card accounts are profitable and that means cutting credit limits, raising interest rates, charging annual fees and initiating inactivity fees.Up until recently, credit card...
If you are stuck with a high-interest credit card and your credit card provider refuses to lower your interest rate, you may consider transferring your outstanding balance to a new card.But simply put --borrower beware! Before you agree to a...
For lots of us, the goal for 2010 is to make it as little like 2009 as possible. And for millions of Americans, that means trying to get a fresh start on their mortgages after Wall Street ravaged the economy.But...
Identity theft experts agree that once you fall victim to fraud, odds are pretty good it will happen to you again. Identity theft victims go one further: in addition to being the target of a random criminal, you often feel...
The Center for Responsible Lending has issued a new report on credit card abuses called  "Dodging Reform: As Some Credit Card Abuses Are Outlawed, New Ones Proliferate," In their latest report they discuss how credit card companies found new ways...
If you were to loan money to a business partner, friend or neighbor, it would be illegal for you to charge an interest rate of 36% -the government rightfully considers that to be nothing more than loan shark rates. Then...
Jackie Ramos, a former "top performer" customer service employee a/k/a collections employee, at Bank of America (BofA), recently posted a video YouTube rant in which she describes how trying to help consumers got her fired. She explains that as an...
If you missed the recent FRONTLINE documentary, The Card Game, a follow-up to the Secret History of the Credit Card, watch below as industry insiders, lobbyists, politicians and consumer advocates square off over attempts to reform the way the industry...
A consumer alert; watch out for more unfair bank fees. The Consumer Warning Network has uncovered yet another way customers are getting zapped by using a credit card.  Turns out, giant electronics retailer Best Buy and HSBC (Household Bank) that...
A memoir exposing the steep price consumers pay when facing mortgage servicing errors, inaccurate credit reporting, illegal debt collection practices, identity theft and weak consumer protection laws. THE BOOK » DENISE'S STORY »