Credit Card Companies
So I got a letter in the mail from one of my credit card companies. What they want to do is have me pay a annual fee of $25 if I have a credit limit of less then $1,000 or $45 if my credit limit is equal to or greater than $1,000. I just think this is stupid. I have had this credit card for a long time and never once had to pay an annual fee. I think I had the card since 06.
I have to give them a call to see if I can get this rejected. Why should I pay them to carry a credit card. This should be paying me. I know they don’t make any money from me because I had already paid off my balance. That took a long time to do. How they make their money is from people is the interest rate and people over spending on their limit. Instead of buying nothing I should some bottles of anti-wrinkle cream or maybe not because I don’t know want to get into crinkle cream.
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The companies are used to making money, and the amount of loans in default mean that those of us who pay our debts are stuck with making up for those that don’t. People act like it doesn’t hurt anyone if they default, but it’s hurting you right now.
I could rant a lot more, but that’s all I have to say about this right now.
.-= James Lee´s last blog ..Sculptures at the Louvre =-.
Hi Greg hope things are well. My credit card are racked and I’m paying the minimum payment each month. The way thins are going I’ll be paying these off for the rest of my life.
Thankfully for me I have managed to get the interest rates below 11 percent. At one time I was paying 19 percent LOL
.-= bbrian017´s last blog ..I’m working on my e-book everyone =-.
It just sucks what the credit card companies are doing now because of the bill that was passed. Greg Ellison
This is why I like the credit card companies. No amount of bill passed can block them from making money from people. There would always be a loophole. We soon start hearing of more loopholes.
.-= Zack´s last blog ..http://www.Scottrade.com – Scottrade Login =-.
I had very little success running banner ads on one of my blogs.
If you are selling your own products on a blog, having banner ads or Google Adsense will distract readers from purchasing.
It really sucks what credit card companies are doing now that they have too much debt and not enough money coming in.