Savings Game: New credit card legislation could hurt users who pay in full each month (The Salt Lake Tribune)
Posted in Credit Card Debt, Loan Modifications by admin on July 12th, 2009
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If you have $10,000 in credit card debt at 18 percent interest and send just the minimum payment of 2.5 percent of the balance each month, it would take you more than 30 years to pay it all off.
T.H.P. given revolving line of credit (The Mercury)
Good news for some T.H.P. homebuyers: on Thursday, attorneys for T.H. Properties filed a motion that would provide the bankrupt developer a revolving line of credit of up to $3 million to complete homes in progress in six developments: Barton Ridge, Codington View, Kingston Hill Phase III, Kingston Hill Phase IV, Northgate Phase I and Whitfield Estates.
Credit card cheat arrested (Calcutta News)
A 23-year-old man has been arrested for allegedly cheating more than 75 credit card holders of more than Rs.4 crore, police said Saturday. ‘Ravi Kumar Sindhu, a resident of Paharganj area, was arrested from Sarojini Nagar area of south Delhi Wednesday.
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