How to Deal With Past Due Credit Cards?

Answer Past-due credit card bills have a negative effect on your credit score. Avoiding the bills only hurts your credit and makes it harder to repay the debt later on. Avoiding the bills can cause debt c... Read More »

Top Q&A For: How to Deal With Past Due Credit Cards

New York State Garnishment Laws for Past Due Credit Cards?

Your outstanding credit card debt may lead to judgment, which in turn may lead to your wages being garnished. While federal law protects you from excessive garnishment, there are additional laws fo... Read More »

The Similarities Between Islamic Credit Cards & Conventional Credit Cards?

The Koran, the holy scripture of Islam, forbids Muslims to charge interest. As with the Hebrew Scriptures, the Koran places lending in the category of charity, and so regards interest as a form of ... Read More »

Are gold credit cards better than regular credit cards?

On One Hand: Regular Cards Accept Lower RatingsRegular credit cards have higher credit limits than secured cards but often not as high as gold cards. Traditionally, you do not need to have as good... Read More »

Will canceling credit cards with high available credit hurt my credit score?

Closing a credit card with a high available credit limit will lower your available credit, as well as remove some of your credit history. Typically, it does lower a borrower's credit score, althoug... Read More »