Tag Archives: late fees

Citi’s fee refund puts spotlight on penalty charges

Kelly Dilworth

Citi’s decision to voluntarily refund more than $330 million in fees to cardholders has penalty rates back in the news, but the fact is, you can avoid high interest rates and late fees that are triggered when you don’t pay…
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Why paying on your credit card due date may be a mistake

Mike Cetera

I’m a creature driven by one thing: deadlines. Call it an occupational hazard. It’s been a hugely important character trait to possess when it comes to my own finances. I always pay my bills on time because I instinctively have…
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As credit card rewards increase, so do the risks for cardholders

Kelly Dilworth

Credit card offers have become so generous lately it often feels as if we’re living in a golden age for card rewards. If you’ve got good credit and can afford to drop more than a thousand dollars a month on…
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How a call to my card issuer saved me nearly $300 in interest

Karen Haywood Queen

A good credit card payment history, automatic bill pay and a 1 a.m. phone call saved me nearly $300 in interest. Here’s what happened: I had my first, five-digit credit card bill after putting my daughter’s college tuition on my card. My…
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I’m scared of credit cards

Anna Bleker

My not-so-irrational fear of spiraling into eternal debt and high-APR inferno keeps me, at 21, from getting a credit card.
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