Why Atlanta Consumers Should Weigh Pros and Cons of New Credit Card Offers
How would you like to get money back on qualifying purchases? Or transfer your high-interest balance to a card with 0% interest for an introductory period? Credit card companies are betting that you'll say yes.
After a few years of tightening up credit during the recession, creditors are courting customers more aggressively than ever - in fact, credit card offers almost doubled last year, according to a recent study. And the deals seem sweeter than they've been in a long time - we're talking tons of new rewards cards, low-cost balance transfers, longer introductory periods and, of course, limitations on fees and interest rate hikes thanks to last year's consumer protection legislation. But all is not what is seems, say Atlanta bankruptcy attorneys.
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