Debt
- APR and interest in plain EnglishAPR is the yearly price of borrowing. Pay a card in full by the due date and purchases usually cost no interest.
- Debt collectors: your rightsWithin five days a collector must send validation info. Dispute in writing within 30 days to make them verify.
- Payday loans and other expensive trapsA typical $15-per-$100 payday fee works out to an APR of almost 400%. Ask about credit union alternatives first.