The Freedom From Debt Blog

With the new laws designed to protect credit card holders from unfair practices set to go into effect next year, many credit card companies are taking action now to shore up profits. Recently, several major credit card companies have started raising interest rates.  Many consumers have also seen their credit limits cut, which in turn [...]

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One simple fact that many people do not realize is that, with the way most credit card company’s calculate minimum payments now, there is a direct link between your interest rate, or APR, and your monthly minimum payment.  In other words, a higher interest rate usually means a higher monthly payment, while a lower interest [...]

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Maybe you overspent your budget over the holidays, or maybe you have been struggling with credit card debt for several months now.  Whatever your situation, if you are in over your head in debt and dread seeing your credit card bills every month, you might be able to benefit from credit card consolidation.  Consolidating your credit [...]

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