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In a recent announcement from the federal government, it seems that Americans have been successful in trimming more than $93 billion in credit card debt from 2008 to 2009. That news was good news to hear from the standpoint that it seems that consumers are getting wiser about using credit cards. But, it is not [...]. In a recent report published by the Wall Street Journal, there is evidence that credit card companies are still struggling. The data was released by major United States credit card issuers and it shows that lenders are facing challenges across the board. That could mean trouble for the economy as well as stock holders. In [...]. Surveys show that 19 percent of people who do not use cash at all as well as 39 percent that are using less cash than the year before. In addition to this, if consumers can find the right type of credit card for their needs, chances are good they would be happy to use it.. Secured credit cards will report to the credit bureaus so that means you can begin to rebuild your credit. Since you are working on rebuilding yourself after bankruptcy you should consider also working with a consumer counselling agency. Now that you know you can obtain credit cards after bankruptcy, isn’t it time to start rebuilding your financial future?. Is the Credit Cardholder's Bill of Rights Good for You? Many credit card holders will have their interest rates skyrocketed and their credit scores lowered as soon as this bill passes. People with good credit will have to pay higher interest rates to pay for everyone else's late fees! . |
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