Linda Sherry Quotes (24 Quotes)

They can be tempting but they have very, very high interest rates, ... you pay as you go.

The factors cited by card issuers are very broad. It appears that anyone - not just people in financial difficulties - could be subjected to a much higher rate for very insignificant reasons.

Basically, credit card companies can write their own rules.

If it's due on the second or the third, and if you typically pay bills on the 29th, you have to be realistic that it could get there late.

Merrick Bank had the highest default rate with 35 percent, followed by Citibank and Providian, both with 29.99 percent. When a customer is actually at the point of completely defaulting, there may have been some signs before that time that the company could've picked up on and dealt with in a more humane fashion than what most credit card companies seem to be doing at this point, ... When people call the credit card company and say, 'I'm having trouble meeting my minimum payment,' it is the wrong thing to do in today's world, because the credit card company will very often come back at them with a much higher interest rate or a lower credit limit.

Think about it. It you're getting back a 5 percent credit on your gasoline, but you're paying them 15 percent on your balance, it's going to cancel out any credit that you might be making.

A key thing to worry about on these cards is the expiration of the rebate. It can expire if you don't ask for it on some of the cards. So, that can be within even as short a time as six months.

Using 10-10s to call internationally can be a bargain if you are careful about monthly fees. Many of the pre-subscribed international calling plans offered to residential customers by primary carriers have somewhat higher rates and charge a monthly fee.

They know the parents will bail out the kids if they get in trouble.

You may have to contact the issuer two or three times, but keep plugging away until your credit report shows that the card has been closed.

They'll let you know if somebody opens credit, so you can go out, backtrack, alert law enforcement authorities...

One seemingly small mistake - that most people don't think of as anything - can have ramifications far beyond what seems legal to most people. But it is legal.

You may not realize it, but paying your mortgage late could trigger a penalty rate on your credit card,

More and more companies are unwilling to promise a rate until they've checked your credit.

These plans can be a hassle to use. You have to dial seven digits before the number you wish to call for a total of 18 numbers.

They might also give you your credit score. They'll give you free copies of your credit report every year, and they also offer insurance against identity theft.

The crime is definitely on the increase and it shows no sign of stopping. It's a frightening thing.

Sending people a check is a totally deceptive way to sell a product. If you want to sell a product, send a nice brochure explaining why it's a good deal. You shouldn't have to trick people into buying it.

I advocate staying with a company you like and trying to get them to be nicer to you.

I would be afraid of this.

You might also want to unlink your debit card from accounts that you won't need access to before you go, since a thief could do a lot of damage.

We see a shift in the industry toward cards that give something back, because industry research shows that reward cardholders make more purchases, tend to use their rewards cards exclusively and are less likely to jump ship for lower-rate cards.

We've found that many people neglect to renew their anti-virus when an upgrade comes around, because they think they can do without it. This education effort is aimed at showing them the little steps they can take to protect themselves.

We feel the penalty rates are assessed too fast, often after just one late payment. It's not just people in financial difficulty. Anybody can be caught in this web, say by going on vacation and missing a payment.