Credit Card Fees

One of my good friends is a financial planner. He recently told me something very interesting about hidden fees. He basically said that his income comes from the fees that he charges his clients. They are typically based on a percentage of the client’s assets. That means that every quarter (or annually), those fees are […]

There are a bunch of key words to watch for when you take out any new kind of loan or credit. You probably know the obvious ones. Be aware of phrases like interest rate, APR, minimum payments, default penalties, loan term, and so on. However, you should also scan the fine print for one particular […]

You should already know that credit card companies use fees and interest rates to make money. In fact, there has already been a lot of press about how many companies set minimum payments that are too low for individuals to ever pay off their debts. Consumers should know to watch out for that trick, but there are other sneaky fees to look for before applying for a credit card. Learning about them will help you avoid additional fees and higher interest rates.