Recommended Credit Cards You Should Apply For 
Be Ready To Make The Payment Of Your Credit Card On Time
By Neil Farman on December 3rd, 2007
This holiday season you must be spending money blindly on gifts, vacations etc. without any tension because the credit card bill will come in January. Please do keep in your mind that card companies want you to make the payment on time and if you are not able to do it timely then be ready for the late fees and that can be as high as $39. Even if you are late just one time the annual percentage rate may rise to 30 percent or more. The credit card company may inform the late payment to the credit department and they will alert your other credit card issuers and they may raise their rates too even if you have made their payments on time. Curtis Arnold, founder of U.S. Citizens for Fair Credit Card Terms Inc said, “The late payment fee is really small potatoes, No one likes shelling out $39, but there are much bigger repercussions.”
Read: courant.com
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