CHESSNOID

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 [...]

I have been in the collections field for a long time, but I have only worked for one company that surprised me with loan shark rates.  At least that is what my coworkers used to call it.  Remember, we don’t sell the product just collect on it.
First of all, what do you think is usury [...]

I don’t have any new American Express credit card blog posts but I still get many comments on the old posts.  Unfortunately, many of those comments are buried because the posts are so old.
It’s funny that based on the comments and frequency of its post, you can actually tell what American Express is doing to [...]

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 [...]