Posts Tagged ‘Finance Charges’

$39 Late fee for being 1 day late on credit card?

bella_51708 asked: I have had my Bank of America (formerly MBNA) credit card since 2003. I always make at least the minimum payment and have always been on time. I monitor and pay my bill on online each month. I normally set up my next’s month’s payment before the statement is even generated. Last month, [...]

Question about someone trying to establish credit?

Link_The_World asked: I am 24 years old, and I dont have a credit score. I have a monitoring program that shows me my new report every month as well as my new score. My score says it is a 0…and it says that I have a “thin file” which means I dont have enough information [...]

Credit Cards: Frequently Asked Questions

S. Lieberman asked: What Are The Differences Between Unsecured And Secured Credit Cards?A secured card is a credit card that a cardholder “secures” with a deposit to ensure payment of the outstanding balance if the cardholder defaults on payment. Secured credit cards are targeted to customers with imperfect or limited credit histories who do not [...]