If you are a credit card user, there is definitely some good news for you, at least that’s what it seems with the implementation of the new credit card law. Providers, now, have to legally issue a warning in advance if they intend to hike your interest rate. Which was certainly not the case previously.
Every bill they issue must possess information on how many months it would take to repay the total amount if they make the minimum payment every month. Wow! What a relief for credit card users! It seems to be a beginning or end of the credit card loot era. Continue reading