Basically, credit card companies can write their own rules.
More Quotes from Linda Sherry:
They might also give you your credit score. They'll give you free copies of your credit report every year, and they also offer insurance against identity theft.Linda Sherry
They can be tempting but they have very, very high interest rates, ... you pay as you go.
Linda Sherry
One seemingly small mistake - that most people don't think of as anything - can have ramifications far beyond what seems legal to most people. But it is legal.
Linda Sherry
They know the parents will bail out the kids if they get in trouble.
Linda Sherry
We've found that many people neglect to renew their anti-virus when an upgrade comes around, because they think they can do without it. This education effort is aimed at showing them the little steps they can take to protect themselves.
Linda Sherry
Think about it. It you're getting back a 5 percent credit on your gasoline, but you're paying them 15 percent on your balance, it's going to cancel out any credit that you might be making.
Linda Sherry
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