A crackdown on credit-card companies?

re: A crackdown on credit-card companies?

Alphonse Capone — Wed, 16 Sep 2009 02:23:32 GMT

I'll never use another credit card again (not by my choice). I paid all my bills on time, but they cancelled my card because I wasn't making enough money for them. When I found out they were going to cancel another card, I maxed it out and skipped town. Moved to Angola. The'll never find me.

re: A crackdown on credit-card companies?

Furious that Credit Card Companies get away with anything!!! — Wed, 16 Sep 2009 01:42:24 GMT

The creditcardholders Bill of Rights? Ha! What a crock. The credit card companies were given so much time to jack up rates, lower limits, close accounts or send notices that the rate was variable all of the time that the Bill of Rights was just to shut us up so we'd think the Government cares about us. They don't and neither do the credit card companies.

re: A crackdown on credit-card companies?

Sue Fowler — Fri, 14 Aug 2009 14:41:35 GMT

To Kevin

That's my situation exactly. How did you go about doing the lawsuit?

re: A crackdown on credit-card companies?

Broke American — Thu, 06 Aug 2009 18:53:48 GMT

I hope all all the credit card companies go bankrupt. They have been robbing the American people long enough with their stupid 29% interest rates. That is usury and robbery of the American people

re: A crackdown on credit-card companies?

JP — Wed, 08 Jul 2009 14:09:51 GMT

Kevin I applaud you for taking on BOA, they are the most deceptive lending institution I have ever dealt with. They pulled a simular move on me and after 5 months of not using their card they closed my account for me. Fine by me, I also moved the balance to a card with a lower rate. Best of luck with your lawsuit, I hope you make them cry.

re: A crackdown on credit-card companies?

Kim — Tue, 26 May 2009 17:20:56 GMT

I am so tired of what these certain banks are doing by raising there interest rates. The only reason they are is because they screwed up and now they are screwing all of us. I have never been late, and have never missed a payment. They blame it on the economy, but lets face it we are in this mess mainly because of them. Something has to be done because this is not fair.

re: A crackdown on credit-card companies?

Kim — Tue, 26 May 2009 17:11:22 GMT

It makes me so sick that a certain credit card company is raising their interest rates only because they have screwed up and now they are putting the screws to us consumers. Something has to be done to these banks. I have never missed a payment, have paid off balances or at least paid extra every month and they still are raising their rates. The only reason they are is because they are the ones that mismanaged the money.

re: A crackdown on credit-card companies?

Jason — Tue, 19 May 2009 07:40:20 GMT

I agree with Rob screw these credit card companies and banks, and I agree everyone should get a bailout, why? because we already bailed out these worthless pieces of crap banks many of which own credit card companies. It's a done deal, why should the taxpayer get screwed twice? Once with hight interest rates and late fees, then to bail these worthless excuses for human beings out so they can continue this practice. Greedy pieces of excrement describe the people running these banks and businesses. It is time to screw the big bad banks and credit card companies as they have screwed their customers from the beginning. If anyone deserved a bailout it is the American Taxpayer not these institutions that have raped the taxpayer for decades. People are so fed up with these greedy SOB's that they could care less if the whole system collapsed into another Great Depression just for the satisfaction of seeing these greedy A-HOLES collapse into the trash heap of history. Financial Slavery is slavery none the less. Give me Liberty or Give me Death!

re: A crackdown on credit-card companies?

Kevin — Wed, 06 May 2009 22:28:01 GMT

Im a perfect example, I have a BOA credit card that was issued with a 7% fixed rate for life. To get that kind of rate you have to have excellent credit right. When Ken Lewis bought CFC i knew things were going to change. Once the deal with merril went thru they jacked my rate without notice to 24%. I called i refused to pay that etc. I transfered the balance to my chase acct left it open while i have a pending lawsuit against them. They said they sent me a notice, I never got it. Keep this in mind forever people. The Credit card companies can say all day they sent the mail to you, Unless its certified they cant prove it!!!!! My lawsuit is pending due to they have no proof they mailed it hahaha......... They screw us daily now its my turn.

re: A crackdown on credit-card companies?

Brad — Wed, 06 May 2009 19:30:05 GMT

grumpy

agree 110% NO BAILOUTS for anyone. People and institutions need to spend within their means