Sallie Mae Wants Me To Pay Down Debt By Opening Up A Credit Card

Sallie Mae Wants Me To Pay Down Debt By Opening Up A Credit Card

On the surface, this e-mail that reader S. received from Sallie Mae doesn’t seem like a bad idea. It’s offering a new credit card, which maybe you were going to get anyway. You can use the card’s cash-back rewards to save for a loved one’s college education, or to pay off your own student loans. Yet it doesn’t sit right with S. [More]

"Chase Hiked My Minimum Payment To 5 Percent!"

"Chase Hiked My Minimum Payment To 5 Percent!"

Chase just notified Greg that they’re more than doubling his minimum payment requirement. Because he and his wife are carrying such a large balance due to a promotional balance transfer offer a few years ago, this pushes their monthly payment to nearly $1,000.