Comments on: Exploiting The Credit Card Law Loophole

Card Issuers May Hike Charges And Interest Rates Before New Regulations Take Effect; Borrowers Who Pay In Full Targeted

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by r9119111 May 19, 2009 11:45 PM EDT
If those who pay in full are targeted, I will destroy my credit card altogether. The banks are using credit scores to torture us. Who gives a good GD.
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by libraridan May 19, 2009 11:42 PM EDT
Sorry, rhs648, but you do not understand how convoluted and complex the DC animal is. No party rules by itself, even if the Republicans tried to. This bill is a bastard child of the banking industry, the intransigent Republicans (The Party of No) and faithless Democrats.
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by longdays May 19, 2009 11:41 PM EDT
I would look at who contributes to congress and the administration when elections come around. Dodd, for example, and many in congress and the administration get significant contributions from the banking/financial industry when election time comes around.

How can we expect them to fairly represent the majority of the US citizens when they get their funding from the ones they are trying to police. This is an inherent problem in the system. I think some of them try to do their best, but they certainly aren't going to go strongly against those that fund them. The system is stacked against the average citizen by default. That's how this game is played! And it is not a very fair game for most of us!
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by tincup356 May 19, 2009 11:39 PM EDT
It appears that corporate america and congress are not breaking the people fast enough to suit them,,,so now they make BS credit card laws that allow the banks to do what they want on interest rates , NO MATTER WHAT your credit rating is,,,,,they are just greedy crooks trying to eliminate the middle class,,,,,,,they have been handed billions of our tax dollars, and now want to rob the few that still have jobs,,, EVERYONE should STOP making payments to them and see how quick they change their attitude when the cash flow STOPS.,,,,,,,,The ignorant , greedy people in the banking system need to be hit where they hurt,,,the cash flow,,,,show them what it feels like to not have any,,,,,,because that is what their gouging and greed is doing to the average citizen in America right now. The banks should show a little mercy on the people ,,,after all they ARE using OUR money.
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by dragn29 May 19, 2009 11:27 PM EDT
everyone have an mgd and be happy.
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by dragn29 May 19, 2009 11:23 PM EDT
hmmm....? so, are they going to stop sending cards to college students that don't have a job, now or just send more?
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by nearl451 May 19, 2009 11:21 PM EDT
The Republicans haven'theld the White House or Senate for several years? Huh? Try months.

You trolls are pretty ludicrous. Y'all oughta write for "The Onion." Great satire.
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by hawksprings May 19, 2009 11:19 PM EDT
the republi'con's do it again
rewrite the bill to make it better for big business
and not so good for the American people,
the republicon party is the party of big business
Posted by mcintoshlou


What a stupid, stupid post.
The Republicans have NO power in this government.
This is ALL on Obama and Peloozi and Reed and their follow socialist Democrats.

mcintoshlou,
Your really need to educate yourself.
You're just an ignorant robot of the Left.
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by dragn29 May 19, 2009 11:18 PM EDT
this is exactly i have never used a credit card and will never own one. i just worry about when will they start charging intrest on debit cards.
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by wsl711 May 19, 2009 11:17 PM EDT
I just got home this evening to find out that the two credit cards that I have been paying down my balance, since the holidays, to use to rent a car and secure a hotel room for this weekend have reduced my credit limit to the amount that I owe, so as a result, I have no credit available for the weekend. I've never been late and most always pay more than the minumum payment. I am outraged and will do everything in my power to get rid of CREDIT, even if I have to work 3 jobs for the next 2 years.

Where is John Cummuta...he should be getting a lot of customers now to join his course on how to get out of debt on what you make.
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