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 [...]

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 [...]

Do you find it odd that banks are paying back TARP, unemployment supposedly went down from 10.3% to 10%, and GDP expanded by 3.5% and yet the credit card delinquency is still rising?  At least for the credit card companies who are not cooking the books and manipulating their numbers.
Reuters: U.S. credit card charge-offs resume [...]

Awhile back, I saw this video from Rockerchic4God and posted her video here on my blog.  I will repost her video below so you can listen to her explanation of why she has decided to withhold her payments from her credit card company.  In a nutshell, the bank increased her interest rate and minimum monthly [...]