Credit cards really tear you a new one, read up !
#1
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.
#6
Boost Czar
iTrader: (62)
Join Date: May 2005
Location: Chantilly, VA
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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?
#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.
#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.
#15
Boost Czar
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Join Date: May 2005
Location: Chantilly, VA
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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.
#16
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 ********
#18
Former Vendor
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Join Date: Nov 2006
Location: Sunnyvale, CA
Posts: 15,442
Total Cats: 2,100
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.
#20
Elite Member
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Join Date: Jul 2006
Location: Central California
Posts: 2,546
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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