Why Are Credit Cards So Popular? Even though 50% of Credit Card Owners are Defaulters in America
The White House tells us that eighty per cent of households have a major credit card. Another study says 75% have a credit card but only about half pay it off routinely. Students now carry four credit cards [...]

The interest one pays on a credit card is onerous. It can be in the 7% range for an excellent customer or up to the normal 18-22% area. Some even gouge you at 25-30%. It all depends on your history, your balances and other factors—like can they get away with it. Obama is looking to [...]

What to Bargain with Credit Card Companies in Recession?
The most feared and worrisome financial situation is mocking at the world, especially the world super powers are beaten quite badly by this economic turmoil. The US financial weaknesses halted the world economy to an uncalled crisis and as a result global markets plunged deep down the [...]