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Credit Card Company Tricks
When you apply for a credit card, make sure that you read the fine print on your terms of service because your rates could change without warning. The credit card company could also charge you fees for same day payments, purchases made overseas or missed payments because the grace period was unknowingly shortened. Credit card companies use many tactics in order to increase their bottom-line—all at the expense of consumers. It is important when receiving your card to truly read all of the terms and conditions. Here are some common tricks that your credit card company may use:
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Bad debt can really harm your credit history
By Jakob Jelling
http://www.cashbazar.com

While most people use the phrase "bad debt" to refer to a lot of debt, or just owing a lot of money, this phrase actually has a very specific use when it comes to financial issues. Bad debt in this case is a debt that cannot be collected. This usually happens when the person who owes the money goes bankrupt, and does not have the ability to pay toward the debt.
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The menace of credit card debt
By Jakob Jelling
http://www.cashbazar.com

Credit card debt can often be crippling and lead to a lot of stress. Even students are not immune as people are getting credit cards at an earlier age and falling into debt. With the increased use of credit cards, more and more people are falling into debt. With hassling creditors, a ruined credit report and a threat of looming bankruptcy, it becomes extremely urgent to find a way out.
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Do-It-Yourself Credit Repair
Hiring an outside company to help you repair your credit can be expensive. That’s exactly what you DON’T need when you are already deep in debt. You can repair your credit all by yourself as long as you are dedicated, organized, and willing to work hard.
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Earning an Education with your Credit Card
You can use your credit card to earn a college fund for your children. It may sound crazy, but it’s true.

To grow healthy investment accounts, you have to invest in the first place. Start small if you have to, as even a small amount invested each month can build into a good foundation.
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Investing online - Day traders and others
With the inception of the Internet, many people experienced and inexperienced in stock trading have begun signing up with online trading companies and buying and trading their own stocks. Investing online in this manner is growing in popularity, especially with the sometimes-apocryphal stories of people who’ve made tons of money doing it.
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Settlement Letters

Settlement Opportunity from Discover
A settlement of 55% on your current balance has been approved.  This one-time payment of $3,000.00 must post on your account via Telephone Check by January, 20, 2006 for this settlement offer to be valid.
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Significant savings from Bank One
We are pleased to confirm that we’ve agreed to settle your credit card account for $2846.00 Our settlement brings you these three advantages:

You will pay $2846.00 a significant savings over the full balance that you owe us.

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60% Debt Settlement with BofA

We are offering you an excellent opportunity to settle your Bank of America account for the amount shown above and avoid further collections efforts. 

BALANCE: $2,133.97
SETTLEMENT OFFER: $950.00

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BofA Settlement

 Bank of America is ready to extend a settlement offer. Settlement Offer 50% or $3,467.56.

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