credit card dues

Credit Cards, Bankruptcy, and Court wars

Credit card is the most common unsecured debt in today’s world. As per one of the reports published during late 2017, an average credit card holder could have a yearly debt of $18,000-20,000. The interest rate of credit cards is really high, and it could even breach 30% in certain scenarios. The bankruptcy laws however beneficially help in scrapping the credit card dues as they are part of unsecured dues while you are struggling to keep up with basic needs and priority debts. But it might not be as easy as said, the lender (credit card company) and [...]

2019-07-11T10:36:55+00:00