Announcement

Debt Collection Law Suits Engulf Courts

Many debt buyers do not have the evidence to prove their claims in court if they are challenged.  Consumers are frequently being sued for inflated amounts or for debts they do not owe and should consider hiring a lawyer to defend themselves from unscrupulous collectors.

This recent article in [...]

July 14th, 2010 | Tags: , , , , , , , , , | Category: Consumer Protection, Credit Card Debt Defense, Debt Collection Defense, The Harris Law Firm | Leave a comment

Usury - Obscene Interest Rates

1.
the lending or practice of lending money at an exorbitant interest.

2.
an exorbitant amount or rate of interest, esp. in excess of the legal rate.

There is a very interesting article here at Fox News this morning regarding the change in charges First Premier Bank, a sub-prime credit card issuer.

Of course, strictly by definition, this isn’t usury [...]

December 18th, 2009 | Category: Credit Card Debt Defense | Leave a comment

Exorbitant interest and unfair fees

Most people do not  realize that credit card companies have set them up to fail.  Many  creditors want you to go over limit  or be late on a payment so that they can charge you over limit fees and late fees and increase your interest rate. That is how they make the most money.   [...]

November 13th, 2009 | Category: Credit Card Debt Defense | One comment