Tag Archives: credit cards
Five myths about America’s credit card debt – washingtonpost.com
By Robert D. Manning Sunday, January 31, 2010 They’re yuppie food stamps. They give new meaning to the question “paper or plastic?” And they’re in everyone’s wallet. Americans have nearly 700 million all-purpose bank credit cards, plus nearly 500 million retail store cards — and they have transformed how we live and consume. Today, Americans [...]
Editorial – Credit Card Chicanery – NYTimes.com
So true! Again, I’m posting this under the “Assholes” category because only assholes would exploit good people like this. “Congress blundered badly when it gave the credit card industry as long as 15 months to phase out the deceptive and predatory practices that were outlawed in a new law enacted in May. Instead of backing [...]
The Card Game – Overspending on Debit Cards Is a Boon for Banks – NYTimes.com
The Card Game – Overspending on Debit Cards Is a Boon for Banks – NYTimes.com. It took Bank of America two years to give a mentally ill man a debit card that did not automatically overdraft him if he over-purchased. Banks also manipulate the chronology of debits to force the unwitting to pay more, even [...]
Editorial – Debit Card Trap – NYTimes.com
Editorial – Debit Card Trap – NYTimes.com. This is what I got hit with from my credit union, Nevada Federal Credit Union. I was able to opt out, but what a pain! NFCU refused to handle it over the phone, so I had to go into the office in person. You may be able to [...]
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