Tag Archive | “critical terms”

Match Your Card and Lifestyle: You must Read the Fine Print

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This often happens that credit card holders get surprised when they get socked with some fees that they have never expected, or it mostly happens when first statement comes than the card holders find that their interest rate isn’t what they have expected.

Late fees. Overdraft charges. Unannounced increases in rates and it seems that there is no cause behind that increase. Old debts mysteriously emerging on new credit cards.

fineprint

Whether you like it or not, these surprises that you get from credit card companies are usually completely legal as the card issuer in advance have warned that they had the right to do so.

So here the question that arises for card holders is, how can I avoid all this and protect myself from unexpected charges, rate increases and the like?

The answer to this question is the same that you’ve undoubtedly heard before — read the fine print!

Read the full story

 

September 2011
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