Credit cards really tear you a new one, read up !
03-08-2007, 12:53 PM
#1
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Credit cards really tear you a new one, read up !
http://news.yahoo.com/s/ap/congress_credit_cards
I work for chase first hand, their practices are inexcusable and the way they handle customers is pretty shitty, But I guess thats business(corrupt legal business)
I work for chase first hand, their practices are inexcusable and the way they handle customers is pretty shitty, But I guess thats business(corrupt legal business)
Last edited by RicanmiataRacer; 03-08-2007 at 01:11 PM.
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03-08-2007, 01:26 PM
#6
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if your not a dumbass, its not hard to understand that 14-25% APR is a lot.
plus (47) fourty-seven overlimits fees doesn't help
hmmm, maybe he could have, I dunno, gotten a card with a higher limit and introductory 0% APR for 12-months with free balance transfer?
plus (47) fourty-seven overlimits fees doesn't help
hmmm, maybe he could have, I dunno, gotten a card with a higher limit and introductory 0% APR for 12-months with free balance transfer?
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03-08-2007, 02:08 PM
#9
I stay out of CC debt, if i don't have it I don't spend it on the card. I like my card because of the air miles. A few years of using it and I get a free airplane ticket to wherever and every year I get a $50 companion ticket so it pays for it self in dealing with paying the bills. If I ever get into CC debt i'll cut them up immediately.
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03-08-2007, 02:13 PM
#10
If you are able to control spending CC's are a great thing. I used to use my debit card for pretty much everything, well I was not getting any form of rewards points for that. I changed to AT&T Universal Rewards and in August i should have enough points just from normal spending that I will be able to take a free cruise on royal carribean.
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03-08-2007, 02:15 PM
#12
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I worked for Household (GM card) out of college. We were bastards. To the customers and to each other. The only people we were good to were senators and stock holders. Wonder why the bankruptcy laws just changed?
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03-08-2007, 03:20 PM
#13
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I dont have any cc debt at the moment, but I want miles damnit. so Im going to try to hook up a good benifit card for normal purchases to pay off every month.
I do have my emergency card, but Ive never used it.
I do have my emergency card, but Ive never used it.
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03-08-2007, 03:30 PM
#15
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they are going to charge you every month you are over, not just exceeding the limit three times.
The real underlying issue is this: don't be a dumbass. Just cause a crybaby made $6000 worth of minum payments for 6 years he deserves a break? I lived off water and bread a few months back to pay my $5k credit card bill after I got married. I took six months but I was able to do it.
The worst part is he was actually trying to pay it off, sorta, aside from the late payments. Most people have 30-50k in credit card debt, good luck.
The real underlying issue is this: don't be a dumbass. Just cause a crybaby made $6000 worth of minum payments for 6 years he deserves a break? I lived off water and bread a few months back to pay my $5k credit card bill after I got married. I took six months but I was able to do it.
The worst part is he was actually trying to pay it off, sorta, aside from the late payments. Most people have 30-50k in credit card debt, good luck.
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03-08-2007, 04:18 PM
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braineack people with dept over 40k usually just go and file bankruptcy and be done with it, but now with the new laws they usually haft to pay back a sum of what they originally owe, alot of people I talk to on a daily bases think just because ther file BR they are done but thats not the case, then again I deal with alot of ********
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03-08-2007, 05:13 PM
#18
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I just got declined for my first credit card. It really helps to build credit so I can get a car loan after college.
Running a BALANCE on a CC is the retarded part. It's not your money, so don't spend it.
Running a BALANCE on a CC is the retarded part. It's not your money, so don't spend it.
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03-08-2007, 06:32 PM
#20
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Credit cards are good if you are smart with your money.; I have a credit card with an $8000 limit and 0% APR and have charged it up close to the limit. My payments other than minimum charges have gone into an interest bearing account where I now have 10k, of which only about 25% is mine 
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