Now that easy credit no longer exists and banks are still in trouble, we will start to see affinity credit cards disappear. Than means American Express, Visa, and Mastercard store brand and rewards cards will be converted in the future or become pay a fee program. If I were you, then I might start spending [...]
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 companies are at war with consumers. They have taken preemptive action to keep its profits from turning to losses. The credit card companies have rushed to change all fixed rate cards to variable rates to basically expose a loophole in the new laws passed.
The Latest Credit-Card Tricks
Under the new rules, companies [...]
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