The two most common types of debt consumers find themselves in are revolving debt and installment debt, but what are the differences between revolving debt and installment debt, and is one better than the other? As a California bankruptcy attorney, I get asked this question from time to time. Revolving […]
The bloated APR is how First Premier Bank, a subprime credit card issuer, is skirting new regulations intended to curb abusive practices in the industry. It’s a strategy other subprime card issuers could start adopting to get around the new rules.