$ Cost
of Being
Poor
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$ Cost
of Being
Poor
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There are many ways to stop being poor. One of the best ways to becoming solvent is to reduce or remove the financial charges that are applied to you for being poor.
.Nationwide, consumers have amassed a record
$796 billion in credit card debt. Interest and
late-fee rates can vary with the credit history of each consumer. Some
interest rates are as high as 20 percent.
Fees originating
from overdraft protection and non-sufficient funds transactions, have
become a significant revenue source for depository institutions says a
Moebs report. It says they totaled more than $33 billion dollars in 2003,
the last full year records were available.
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Cost of Being Poor is a News site dedicated to highlighting the expenses incurred by those consumers who for what ever reason have become trapped in financial situation where they are paying or being penalized for their situation. These penalties are such that in most cases make it impossible for them to escape the financial debtor prison. We invite you the reader to share your opinions and facts. Editor | |||||||||||
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Click to contact Us editor@costofbeingpoor.com |
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