DIY: Credit Card Settlement
Scrutinize the fine print
These low interest offers have in the small print a paragraph stating that if your balances are not paid in full monthly or if any payment is late, then automatically your interest rates increase and what is more is that, any new purchases may or may not be included in the low interest initial offer!
Credit Reports Hurt
If your credit report can make your credit card company feel uneasy, they can automatically raise your interest rates prior to notifying you of the change. If they have discovered that you have lagged behind on any of your other cards, they can and usually will increase your rates because of not paying on time.
For more tips onhow to settle credit card debt
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