In “USA Today,” there was an article about how overdraft fees work at banks. It gives an example how one lady racked up $175 in overdraft fees on small debit card transactions for purchases such as coffee and lunch! That is really unfair. If you think that is bad, think about the outrageous fees that credit card companies charge consumers because of their credit score. Some American’s are being charged 30% interest rate on credit card balances because of errors that are on their credit report. That is correct, errors! In fact, according to a Federal Reserve Board Study, 80% of American’s have an error on our credit report and 25% of those errors are so bad, if you applied for credit today, you would be denied, because of that error!
Credit Scoring Expert speaks candidly about his personal growth and asks respected writers to share content to help others improve their life.
Personal Growth Blog for Philip Tirone – Credit Scoring Expert and Champion for the Underdog
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