Libertarian ping.To be added or removed from my ping list freepmail me or post a message here
Posted on 02/28/2006 9:11:50 PM PST by sedonaApps
With just over $80,000 in credit card debt, Perfect Credit Club founder, Brandi Young may be forced to give up the membership to her own club due a new federal rule that is requiring credit card companies to increase the minimum monthly payments they collect from cardholders.
(Excerpt) Read more at prweb.com ...
Your suggestions are the most useful I've heard this week. I, too, plan on becoming a donor. ;) But how about lead slugs?
Is this an advertisement?
Check the "terms and conditions" carefully. They are typically laid out on the back of the invite. Or, call the "800" tel no and ask what happens if you miss a payment. One does, after all, need a credit card to rent a car, and you just might need one sometime. The most abusive lenders all seem to be in Florida, and if you see that "24.87%" (or maybe 24.78%) penalty rate: avoid. If you have a local bank where you have your ckg acct which issues cards (and they all do) you can AT LEAST run down there and make a quicky deposit in case your pmt gets lost in the mail. And they typically don't snap to the abusive rate in case you get into a jam.
It cheeses me off that the schools are the ones selling the cc companies student's information.
I can remember Bank of America having a table setup on campus when I went for college registration. They made it sound oh so glorious to have a credit card.
When you have 15 minutes....read this story about those "just cash this" checks, including Part II, part III, etc; Great (sorta long) story.
http://www.goodthink.com/writing/view_stories.cfm?id=11&page_id=2
Huh?
Sorry, just seemed like a plug for this gal....I'm off to sleep.
LOL! Years ago, in Valdez AK, hubby and I were debt-free except for a small mortgage. We paid CASH for everything. Anything that had to be paid by mail got a bank money order. When we got ready to leave, we applied to our bank for a $1000 limit card, and were refused because we had no credit history. LOL! THOSE were the good old days!
Libertarian ping.To be added or removed from my ping list freepmail me or post a message here
If you're comfortable with it, I like that approach. I personally am not an on-line bill payer type; because I'm not comfortable with it. I know, Luddite, etc etc. I think I need to have the "muscle memory" ritual of having filled in the check and having slapped the stamp on the envelope and having dropped the env in a blue metal box or I wake up in the middle of the night 8 days later and wonder "did I pay that??".
Apprently 12 years in the airforce was not considered an employment history and he had never used credit, not even a car loan.
It drove him insane,
I do the same thing, but I also include all the little ads that come in the mail in an envelope once a week from ValPak. Occasionally I will fill out the application with bogus name and put the address for another credit card company on the form. I like to think that one credit card company is sending rejection letters to another credit card company.
Why would anyone ever do it any other way??!!
By paying online, you have a guarranteed payment date. No more mail roulette. Do you know several card companies have actually been sued, because they were caught 'holding/delaying' payments sent in the mail?
Last week I visited a K-Mart. First time in over three years. I was walking around and looking at piles of cheap junk. There was a table set up with a stack of Sears credit card applications (Did Sears buy out K-Mart?). Anyway, these applications had big bold print saying the agreed rate of interest was 20%. I could not help myself. I started laughing out loud. 20% freaking percent. How dumb do these corporate types believe we are, anyway?
Yes, Sears bought out K-Mart. And there is always someone to fill out those credit card applications. It's the American way.
The same thing happened to me years ago. I threatened to take all my money out of the bank unless they issued me a card. They issued me one.
february 2, 2006 for "Hidden Imam"....curious...interesting subtle slams of Republicans.
Yet not quite so obvious...perhaps "Hidden Troll" is more his true moniker!
I usually get that many a day. My mailman said to open them and send all the junk back to them minus the actual application. Either that or send it to some other junk mail company.
They sure do. They usually wind up way over their heads with around 35 percent interest.
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