Comments on: Obama Signs Credit Card Bill

New Rules Say Customers Have To Be More Than 60 Days Behind Before Seeing A Rate Increase

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by chitown639 May 22, 2009 10:59 PM EDT
Thank you Obama for punishing those who pay their credit card bills on time with higher rates and with the return of the annual credit card fees! Americans can count on you to do the wrong thing.
Posted by budmag06

Higher rates...blame your credit card company, buffoon!!! The days of corporations taking full advantage of the consumer are coming to a slow and painful end for the Republicans.....
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by salmoc44 May 22, 2009 10:53 PM EDT
budmag06,

Most Americans think Obama is doing a good job. More Americans think the Democrats in Congress are working for the middle class than think the Republicans are.
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by budmag06 May 22, 2009 10:48 PM EDT
Thank you Obama for punishing those who pay their credit card bills on time with higher rates and with the return of the annual credit card fees! Americans can count on you to do the wrong thing.
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by salmoc44 May 22, 2009 10:27 PM EDT
FrankDenise,

Banks don't want you to pay your bills on time. They want to nail you with fees. If they can entice customers who don't always pay on time and who have higher rates even after a rate cut, they'll make more money. They care about their customers like the mafia loansharks care for the people they loan to.
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by FrankDenise May 22, 2009 10:18 PM EDT
About a week ago I recieved a call from my Credit Card company asking if I was interested in lowering my percentage rate.....So of course I responded with a YES..After they ran my account # and they found out I have always payed my bill on time and I have a 7.9% rate..They came back and told me that I was not qualified for a lower rate because this offer is for those who are above a rate of 14.99%...Another words they were willing to give someone else a lower rate than mine if they were much higher to begin with...SO REWARD THOSE WHO DONT DO THE RIGHT THING BUT THE GOOD PEOPLE CANNOT TAKE ADVANTAGE AS WELL....I dont get it...Its the typical blow the smoke up your tailpipe ,SICKENING......American buisness tactics......
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by salmoc44 May 22, 2009 9:53 PM EDT
I pay all my bills on time and I support this bill. It won't hurt me at all. But, it'll help my fellow Americans. As a patriotic American, I support it and my President.
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by salmoc44 May 22, 2009 9:27 PM EDT
Cons like to be beyotches of big business. Don't put any regulations on big business or big business will whip us even more. Wimps.
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by salmoc44 May 22, 2009 9:20 PM EDT
Credit card companies didn't want this bill. Do you Cons think they didn't want it because they love their customers so much? If Credit Card companies are against it, I'm for it.
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by gravyboat45 May 22, 2009 8:30 PM EDT
Chickened out, I see. LOL!

You should change your name to "wimpsmename!"
Posted by weedapoopl



You do go on, weedpooper.

BTW, that sure was a quick bible study.
Posted by jimsmename

It was ended, "prematurely"...
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by engineer1503 May 22, 2009 7:58 PM EDT
Back to the old days when they wouldn't give me a MasterCard or Am Ex because I didn't have a job!!! Horrible!!!

Yes, rates will go up and all of us "good" debtors will have exorbitant rates because of the deadbeats.

Oh wait, I'm paying for the deadbeats anyway and the idiots that gave credit cards to people that can't repay have huge salaries and bonuses for giving away more cards.

Never mind.
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