How to Freeze Interest on Credit Cards?

Answer Credit card rules changed with the Credit Card Accountability Responsibility and Disclosure Act of 2009, and the most significant changes did not take effect until 2010. With the new rules, credit ... Read More »

Top Q&A For: How to Freeze Interest on Credit Cards

Are interest rates on credit cards going up?

On One Hand: Most Likely Going Up.Interest rates are most likely to climb up, as of 2010, because of inflationary measures taken to get the U.S. economy recovering after the 2008 recession and the ... Read More »

How to Use Credit Cards for No Interest Loans?

You might receive in the mail credit card offers touting interest-free introductory periods. Oftentimes these are legitimate offers that, if used correctly, will provide you with many options to bo... Read More »

How many ways is interest on credit cards calculated?

Credit card companies have a few ways to calculate interest on credit cards. The method the credit card company uses to calculate interest determines how much interest you have to pay each month. S... Read More »

What Is the Prime Interest Rate on Credit Cards?

Prime interest rate is a term used to describe a common index that many different lenders, such as banks, use to make their decisions. This rate does not affect every decision, but it does cause fa... Read More »