Debt Elimination and Credit Restoration

We heard on talk radio last week something interesting about credit cards. When a consumer pays off the balance in full that month, they will be penalized. We have not confirmed it and still are checking into it. We want you to get rid of the collection debt in your life, clean up your credit report and raise your credit score. We advocate ONE card of your choice only.

We posted this article below for you to read here and click on the link below about 5 other reasons you will be snapped into reality about credit cards. You will eliminate your collection debt and you will raise your score. You may be tempted to get credit cards again.

Five evil things…  

What’s a cardholder to do?

Consumers must pay close attention to the terms of their contracts, staying alert to any changes.

“It’s boring reading, and it can be hard to understand, but that’s where everything is spelled out,” said Lowcards.com’s Hardekopf.

Of course, while there are laws aimed at helping consumers, legislation can’t do it all.

“As we close the loopholes on some things, they open up elsewhere,” said Consumer Union’s Banks. “Reform acts don’t cover everything, and cardholders have to watch out for their own accounts.”

And if you don’t like your credit card’s new terms? “Shop around — you are not married to your card,” Hardekopf said. “It’s a partnership, not a lifelong contract.”

NEXT LEVEL CREDIT

“Taking Your Credit to the Next Level”

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