My bank/credit union offered to link my checking account to a savings account, a line of credit, or a credit card to cover overdrafts. How does this work?
If I link my credit card to my checking account to cover overdrafts, can the bank/credit union charge me a fee each time I use it to cover an overdraft?
Can the card issuer request information about my income, my age, and my Social Security Number when I apply for a credit card?
My payday lender said my loan would cost 15 percent but my loan documents say the annual percentage rate (APR) is almost 400 percent. What is an APR on a payday loan and how should I use it?
I’ve seen a lot of advertisements for companies that consolidate credit card debt. Are these legitimate?
A box on my credit card bill says that I will pay off the balance in three years if I pay a certain amount. What does that mean? Do I have to pay that much? If I pay that much and make new purchases will I still owe nothing after three years?
Will my credit score be damaged by card issuers getting my name from a credit reporting agency and sending me an offer?
