December 18, 2009
New regulations designed to stop credit card lending abuses cap the first-year fees a credit card issuer may charge at 25% of the credit limit. So First Premier Bank is doing just that, charging $75 for a credit card with a $300 limit. But since the new law does not limit interest rates, First Premier [...]
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December 22, 2008
Many families are finding it hard to make ends meet this holiday season, let alone buy presents for loved ones. Payday loans may look like a good way to raise funds for presents, but look at that annual percentage rate (APR) before you jump in. Payday loans provide an opportunity to to get quick cash, [...]
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