Search results

Well if they hadn’t jacked the interest rate and I was able to do the balance transfer thing back and forth, the debt would probably be more than half way paid off now. But now it’s still at the max because all the payments went to interest. So CC company’s are putting themselves in a...

Thank you. I appreciate that. You don’t know how much that means to me. You’re right, I have to keep trying until I hit it big.

B of A only gave me $500 when I got the card 6 months ago and wouldn’t give me more. I can try again I guess. Maybe I should call Chase and Wamu again and tell them I can’t afford this and will default on it soon if they don’t change it. But I’m not sure about Chase because they just...

"It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up...

He probably bought BAC at $50 and got his last margin call on Friday!

This was no arm. I have the original papers. There were no conditions that needed to be met or held, they just reserved the right to change the terms for any reason and at any time. This is just common sense. You expect that if you pay the bill on time and don’t go over the credit limit, that...

Yes. When I ‘m done with this mess, I’ll know to pay it off every month or have cash in case they change the terms. There’s nothing wrong with what credit cards offer. It’s a line of credit that people have open in case they want to use it. But yes, now its turned into an entrapment...

My credit score was over 720 when they raised the rate. This has nothing to do with credit scores. They are targeting people who they think they can screw. They aren’t going to do this to people who will immediately pay off the balance. Now, almost my entire minimum payment goes to interest...

You have no idea what your talking about. An arm’s reset procedure is written into the contract before it starts, and then adjusts accordingly. They took what the original contract stated as a fixed apr of 8% and changed it to 20% plus prime. This flies in the face of hundreds of years of...

Nobody’s going to give me one when you need it. They give you lots of credit when you don’t need it, and cut it off when you do. Actually I got a card from B of A about 6 months ago. But they only gave me $500. I called them and they said they wouldn’t give me anymore. Besides I don’t...

Well gee, I’d love to pay down the balances, but it’s kind of hard when almost the entire minimum payment goes to interest. The terms pretty much state that they can change the terms whenever they want, for whatever reason they want. How was I supposed to know they were going to triple the...

Like what? You know what? I am doing something wrong. I have paid all of my bills on time for 6 years straight. I’m exactly who they want. Somebody who’s willing to pay 25% interest, month after month to maintain good credit. I bet if I stopped paying a few months, they’d lower it.

Yea they print the money out of thin air and lend it to you, then jack the interest rate on you. Then when they get into trouble, the government bails them out with more of our money. They say it’s so the system doesn’t collapse. Wouldn’t it be good if a system like this collapsed?

I learned that now. But I used the money for certain things and never thought they could do this to me if I had perfect payment history. Now I'm screwed

Credit score is about 670, perfect payment and account history on all accounts. Pay it off with what? I’m not a bank, I can’t xerox money or get a bailout. Of course I should have paid it off instead of closing it. I used the credit, but never thought they’d jack the rate to 25% for no...

0% to start. Then when you use it and have a balance you can’t pay off right away, they’ll jack it up to 25% even though you have perfect payment history.

What company would that be? I got a credit card with Chase 5 years ago. 2 years ago they tripled my rate from 8-24%, even though I have perfect credit history on all of my accounts. 2 days ago they sent me another notice raising my rate again. 20% plus prime. Also, a month after they bought out...

Really, that’s like telling Hilary she didn’t want it enough. But she got beat by somebody who happened to be the right person, in the right place, at the right time. I got a paper route when I was 11 and had that for 4 years. In high school I used to call all those “make $5000 a...

My bad. I’d blame it on my schooling, but if I told you where I went to school, I’d never hear the end of it from you guys.

I’m no historian, but for the most part it seems up until the past 200 years, religions pretty much ruled the governments and the people. And just think of how far we’ve come in technology, medicine, and economic progress since then. We’re more “worldly” than ever, yet better off...