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In 2024, credit card debt accounted for 6.36% of all United States household debt, up from 5.8% in 2020. Credit card balances surged during the pandemic and, by the end of 2022, Alaska led the ...
In some cases, the network and the card issuer can be the same. While a network and an issuer perform different roles regarding credit cards, both could be considered credit card companies. Credit ...
A larger-than-usual pool of card selections, including options from more than 150 companies. Publicly-available, downloadable data (refreshed every six months, with current card selections based ...
CardRatings.com was among the first websites providing online credit card ratings and has grown over the years to become a reputable objective source of credit card rating information. In 2016, CardRatings.com provided information on approximately 500 different credit card products that can be queried via the site's searchable knowledge base.
Credit card companies purchase charged-off debts and add them to the balance of 'bait-and-switch' credit cards that consumers unknowingly purchase because they are low-rate credit cards. Consumers also complained of being verbally abused, harassed, "cursed, berated and called repeatedly despite requests to stop". [12]
Start by contacting your credit card company and find out if they have a credit card debt forgiveness program. Beware of companies that tout government-sponsored credit card debt forgiveness programs.
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