The new credit card law provides valuable protections but consumers must beware to avoid new pitfalls. Learn to avoid credit limit reductions, interest rate hikes on new balances, over-the-limit fees, and more. Also includes advice for seniors about reverse mortgages.If youa#39;re considering co-signing for a credit card with a young adult, ita#39;s best to have an understanding (if not a written agreement) that you will get early notice of any troubles, including late payments, so you can keep on top of the credit card and work out problems with the lender before your own credit record is ... As always, if you pay the balance in full by the due date, you can avoid interest charges.
|Title||:||New Realities, New Directions for Credit Cardholders-8 Ways to Avoid Pitfalls|
|Author||:||Federal Deposit Insurance Corporation|
|Publisher||:||GPO FCIC - 2010-01-01|