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Thank you for your interest in the Anderson & Ferrin Attorneys at Law, P.A. We look forward to meeting you personally at our office. Call (407) 412-7041 to schedule your consultation.
- Michael & Victoria
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| Se Habla Espanol |
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| Interesting Facts |
- The credit card industry makes over $30 billion in profits each year.
- Over 80% of divorces are caused by money problems.
- The average American carries 11 credit cards in his or her wallet.
- The average credit card balance is $8,000.
- Credit card issuers can increase your interest rate anytime, for any reason.
- Almost 50% of credit card issuers use "universal default". This occurs when you are late with a payment, your creditor increases your interest rate to it's "default" rate, and your other credit cards do the same because you are now a "credit risk".
- People who pay their credit card balances in full every month are considered "deadbeats" by the credit card industry, as they provide very little profit.
- There are over 1 billion credit cards in circulation today.
- Americans have increased their credit card debt by more than $600 billion in the past 25 years.
- Few Americans have saved for retirement; their resources are swallowed up by credit card payments.
- In 2006 the Commerce Department reported that each month Americans spend 1% more than they earn.
Resources
For information regarding our other areas of practice - Criminal Law & Family Law -
Click Here
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