7 factors that determine your mortgage interest rate

If you’re like most people, you want to get the lowest interest rate that you can find on your mortgage loan. But how is your interest rate determined? That can be difficult to figure out for even the savviest of mortgage shoppers. Your lender knows how your interest rate gets determined, and we think you [...]

By |2017-05-20T11:45:13-05:00January 20th, 2015|News|Comments Off on 7 factors that determine your mortgage interest rate

You could still end up paying interest on a zero percent interest credit card offer

What could be better than zero percent interest for one year? Nothing, nada, free…right? Not exactly. These kinds of promotional rates are common with credit card offers. They can be connected to: Balance transfer offers Pitches for low-cost ways to finance big purchases, such as “deferred interest” offers So-called “convenience checks,” which invite you to [...]

By |2017-05-20T11:45:27-05:00September 5th, 2014|News|Comments Off on You could still end up paying interest on a zero percent interest credit card offer

Settlement in Credit Card Interest Rate Scam

A payment processing company has settled charges that it helped facilitate a credit card interest rate reduction scam that bilked tens of thousands of consumers out of nearly $ 10 million. Collections - Credit Card

By |2014-06-24T00:01:47-05:00June 24th, 2014|FDCPA|Comments Off on Settlement in Credit Card Interest Rate Scam

FTC Closes Credit Card Interest Rate Scheme

More than 4,800 consumers were defrauded by National Card Monitor LLC, a telemarketing operation that promised to lower consumers' credit card interest rates for an advance fee. Collections - Credit Card

By |2014-05-26T14:33:45-05:00May 26th, 2014|FCRA|Comments Off on FTC Closes Credit Card Interest Rate Scheme

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