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Dirty Credit Card Secrets February 11, 2010

Posted by Banking in : News , trackback
CBS asked:


Financial Contributor Vera Gibbons spoke with Maggie Rodriguez about secret credit card company rate hikes.

Comments»

1. yeahwhatever36 - February 14, 2010

Ok if you buy something for $500,00 with a credit card then you will have to pay it back twice then what you paid for that means if its $500,00 then when you have to pay it back then it will cost you $1000,00 and im 33 years old and i never use credit cards ever because it is all a fucking scam no matter how you may look at it.

2. yourjudgeandjury - February 15, 2010

Check your credit reports! After the recent bank takeovers and shutdowns, I found one old credit card debt magically reappeared back on my credit report after it was discharged in bankruptcy court over 6 years ago. Chase thought they could collect on it just because they took over Washington Mutual and that some how made it magically become collectable again. WRONG!!!!

3. quatlen - February 18, 2010

Ye I agree but that makes it hard to establish a credit score/history.

4. doubleestark - February 18, 2010

I decided to not get into debt, and go to the sikh temple to eat free food, and crash on my friends sofas in order to bank my money and avoided debt altogether.

5. debtreliefwork - February 18, 2010

The TARP bail-out was a huge mistake.

6. JCGhoast - February 20, 2010

I think want free spam in your email?
gimme your email adress! (i’ll be nice and send you a awful virus too!)

7. JCGhoast - February 23, 2010

I think i h8 credit cards. use prepaid or from your bank!!!

8. andyfromtexas - February 26, 2010

Call the bank and ask to cancel overdraft protection…I just did myself!

Call Senator Chris Dodd and show your support for his bill that will stop this shit from happening. He will limit the amount of Overdraft fees to 1 per month, 6 per year. Overdraft fees must be proportionate to the cost of processing an overdraft charge. His number is 202-224-2823. Call and show your support. Google Chris Dodd’s overdraft legislation for more information. Pass this message on…post it wherever you can.

9. Jerryahrens - February 27, 2010

I think Friends Don’t Let Friends Use Chase Credit

CHASE is the WORST. Taking taxpayers money and more than doubling our minimum payments from 2-5%. They do this on low interest balance transfer loans to get them paid off faster and/or negotiate you to a higher rate to restore the 2% minimum payment. . These people cannot be trusted. Do NOT let them open branches in your community with taxpayer money, they are PREDATORS. BOYCOTT!

FRIENDS DON’T LET FRIENDS USE CHASE CREDIT

PLEASE POST/REPOST -

10. koollikeKenickie - March 1, 2010

The federal reserve MAKES money, then lends it out with interest. Think about it, how can more money be paid back than is made?….thats why it has to be stolen from us in the form of credit card debt. they take our money befor we even make it

11. theBritzed - March 3, 2010

Is this supposed to be informative?!?! What about some in-depth analysis? What about naming good vs bad banks? what about….

I wont bother to go on! this is cheap journalism without thorough information!

God bless YouTube as there are many information providers around. too bad CBS is NOT one of them…

12. MopDMTBARTL - March 5, 2010

The Vatican-Pope-Jesuits-illuminati run the world. they have all the judges, attorneys, doctors, major corporations, etc. all in their back pocket. bought & paid for, etc. our country is no longer free -we live in tyranny! truth an obscure thing, Oppression & lie is the norm. Were all slaves- our masters, the elite, r at least 50 years ahead of us in knowledge, technology, info., secrets & r using all of it against us!

Go here:
truthknowledge. com

Spread it! Time is running out!

13. johnmason2354 - March 8, 2010

I think Credit card companies need to be sued and run onto banruptcy. Screw the crooked bastards.

14. rayme4raw - March 10, 2010

I don’t even know if this is good reporting, it gives you a little overview of what credit card companies are doing. Today, my oldest card that I pay off each month raised my interest rate. I called them and found out that they raised my interest rate because they want me to cancel my card & I didn’t do it. I don’t remember getting any notice about that. Now your credit card score is tied into whether you can get a low paying job or not.

15. HurricaneHeidi - March 13, 2010

These major credit card issuing banks are all chartered by the Federal Reserve, and are receiving BAILOUT money in the BILLIONS at taxpayer expense. Congress is ignoring the public outcry against this travesty, and that is because Congress receives lobbying contributions from these banks. Screw Congress – they are not listening to us.

TAKE BACK YOUR MONEY AMERICA

watch?v=SG0gcw6cqto
.

16. 2coolkev - March 15, 2010

I think Don’t worry you will get my platinum card.

17. Anothercoilgun - March 17, 2010

This industry is a joke at best and a scam as nominal rating. People wake the hell up. Please Wake Up!

18. feedback099 - March 18, 2010

I think if you do can i have the first credit card!! you make!!!!

19. 2coolkev - March 18, 2010

wow,I going to start my own credit card business!!!

20. MrMortgage1 - March 20, 2010

I think Key to recovery is to make intelligent decisions and ge educated so you don’t get hit by surprises and know what to expect.

mortgageartist. com

is a free mortgage information resource. It provides solid reference material and costs you nothing. Education is free but ignorance can be costly.

nomortgage4u. com provides simple, effective and universal tips and strategies to help you get the most out of your mortgage dollar and get debt free.

It’s free too. suggest you take a look.

21. faisalkkol - March 22, 2010

I think thank u sooooooooooooooooooooo much fot this video,,

22. rodrico50 - March 25, 2010

vera i will eat your ass hole out.

23. unytcommsys - March 26, 2010

Hell Yea! I am glad we think the exact same thing. In an absolute emergency a credit card will be used as money! I

24. ohio1998 - March 26, 2010

I think 50-100%, you mine as well give up. How the fuck is that possible?

25. mousenik - March 28, 2010

ask dont steel they always find out


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