CREDIT CARD DEBT

The Liars & Scammers of the Credit Card Industry

FREE ARTICLES

All articles on this site are Published & Distributed
by Dunway Enterprises

The Liars and Scammers of the Credit Card Industry

In the world of credit cards, there are plenty of people who are desperate to borrow money, and just as many people who are desperate to get back out of debt again. Given that, itís not surprising that the industry is full of scams.

Here are some to keep an eye out for.

The Debt Advisors.

Be very careful if youíre offered Ďfree debt adviceí. There are many government bodies, legitimate financial companies and charities that give good advice, but the ones who do a lot of advertising tend to be owned or partnered with people you donít want to know.

If the advice you get is to sign up for another loan from one company in particular, donít believe it - the chances are that the person youíre talking to is just a salesman in disguise.

The Identity Thieves.

If you donít keep track of your credit card statements and your credit report, then you could be in for a surprise. Itís not that hard for someone else to apply for a credit card, pretending to be you, or to get the number of a card you already have and start buying things with it.

Then, of course, they get free money, and youíre left with the debt, not to mention the black marks against your name when it doesnít get paid back.

The Catalogue Card.

This is a scam thatís especially common around Christmas time. A company offers you a Ďcredit cardí, with a much higher limit than youíd usually qualify for. The catch, of course, is that you can only use it to buy things from their catalogue, at inflated prices. This is nothing but a clever way of offering you expensive finance on purchases from them.

The Only Game in Town.

More exploitative lenders might realize that theyíre really the only company thatís going to be offering some people any credit at all. Theyíll send offers to desperate people for absolutely terrible deals, with the highest interest rates they can get away with, and no benefits whatsoever.

These people will accept the offer without even reading it, relieved that finally someone out there offered them credit - and their debts get even harder to ever pay off.

The Insurance Charge.

Hereís one that even the most reputable lenders go in for - trying to sell you useless insurance. This is usually an insurance premium that is automatically added to your interest each month, and covers you against very unlikely things, like dying and not being able to pay back your debt. It is almost never worth ticking the box to buy insurance.

The Secured Card.

A secured card is one that requires you to make a deposit before you can use it Ė a deposit that can sometimes be as much as the limit on the card itself. Secured cards can be a good way of rebuilding your credit when itís all gone wrong, but donít take one from a lender youíve never heard of.

With more unscrupulous companies, you will often be charged an annual fee, an application fee, and any other fee they can think of, all of which are added to your debt. Donít let it happen to you.

Published by Dunway Enterprises

MAIN FREE ARTICLES INDEX

Bookmark & keep coming back often!

MAIN INDEX - ARTICLES LISTING
Average 10 articles per category

Recommend this site to a Friend

FREE GIFTS CLICK HERE

CLICKBANK

ClickBank the best way to complete a digital sale.

IF YOU CAN'T FIND THE INFORMATION OR PRODUCT
THAT YOUR LOOKING FOR - CHECK OUT THE CLICKBANK CATALOGUE
Over 10,000 + Products to Choose From!

If you're into Niche Resale Rights Products then check out my ebooks site
which has 120 + different ebook packages and still growing.

The Ultimate Recipe Collection [Cook Books]
CURRENTLY [57] DIFFERENT RECIPE E-BOOKS
CLICK HERE TO VIEW THE LIST

I'VE ALSO JUST FINISHED A SITE TOTALLY DEVOTED TO ...
'MASTER RESALE RIGHTS PRODUCTS'
CURRENTLY 83 DIFFERENT PACKAGES
DROP ON BY & HAVE A LOOK

Mail Order Products
Ebooks - Books - Software - CD's - Reports - Videos & Business Opportunities

Dunway Enterprises || Dunway Sitemap || Sub Domains Index

WebMaster & Site Design by Ken Dunn

Dunway's Network of Joint Venture Sites

CLICK HERE TO SEND MAIL

Disclaimer | Privacy Policy | Terms Of Use

Copyright [c] Dunway Enterprises

ALL RIGHTS RESERVED

Tom Azzara - Newsletter & Book
Tax Havens of the World

Master Resale Rights - Resell and Distribution Rights!

CREDIT CARD DEBT