CHESSNOID

Do American Express Cards really have no pre set limits? The idea that you can buy based on how much you spend sounds good, yet it my previous blog posts, I had all my limits reduced and my spending did not decrease until after they hammered me.  I don’t think it was an isolated incident, [...]

Last year, Congress enacted new laws to protect consumers from abuse by the credit card companies.  Today, those new rules go into effect and you may have seen changes on your Visa, MasterCard, American express, and Discover statements.  The credit card companies and their attorneys are busy finding loopholes to get around the new changes [...]

So we have new laws to combat credit card company abuses.   However, the credit card attorneys have already found the loopholes to make sure the credit card companies can make up the money in other ways.   The credit card companies Visa, Mastercard, American Express, and Discover have have plenty of time to make [...]

The credit card delinquency rate is usually in line with the unemployment rate according to many economists.  So it seems funny that at last count our national unemployment rate supposedly decreased even though we had more unemployed people.  It would make more sense if they counted everyone like the credit card companies.
Capital One credit card [...]