I have two HSBC credit card and I settled these cards last January 27, 2010 with collection agencies namely: Domingo & Molaer Law Offices and Anonuevo Credit and Collections Services Inc. Both of these collection agencies promised me to have a Certificate of Full Payment. Today, I received only from Domingo & Molaer Law Offices wherein I have a written agreement. I'm afraid that Anonuevo Credit and Collections Services Inc. will not forward the certificate to me because they refused to have an agreement.
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Sunday, April 18, 2010
Tuesday, February 23, 2010
New credit card laws 2010
Effective today, the banks will abide the new credit cards laws 2010. Credit card holders have now the protection against banks practices that dug them into a big debt.
What are these changes? Here are some of them:
Card companies cannot raise the interest rate in the first year an account is opened unless it has come to its end. After such, companies must notify 45 days in advance for any rate change. For the existing balances, rates cannot be raised unless the account is at least 60 days past due.
Card holders will now see on their statements how long will it take if they only pay the monthly minimum due.
Cardholders can only exceed their credit limit only after they agree to pay the over-the-limit fee.
Now, what will the expectation of the card holders from the card companies, of course they will charged higher annual fee to cover the losses upon implementation of the new credit card laws 2010.
Other Posts:
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What are these changes? Here are some of them:
Card companies cannot raise the interest rate in the first year an account is opened unless it has come to its end. After such, companies must notify 45 days in advance for any rate change. For the existing balances, rates cannot be raised unless the account is at least 60 days past due.
Card holders will now see on their statements how long will it take if they only pay the monthly minimum due.
Cardholders can only exceed their credit limit only after they agree to pay the over-the-limit fee.
Now, what will the expectation of the card holders from the card companies, of course they will charged higher annual fee to cover the losses upon implementation of the new credit card laws 2010.
Other Posts:
Sunday, February 14, 2010
720 Dunk | Best Dunk Ever!
720 Dunk|Best Dunk Ever! Taurian Fontenette, known as “The Air Up There”, performs a 720 dunk at an AND1 game in 2006. This dunk should be the most remarkable dunks ever.
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