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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (26896)2/21/2005 5:50:37 PM
From: loantech  Read Replies (1) | Respond to of 110194
 
<I just key them into quicken and the computer does the rest, even for a future date). If people can't keep their finances in order I have little sympathy for them.>

Hey could you set up that quicken thing for me. <g> I think that is what my wife uses.
Tom



To: orkrious who wrote (26896)2/21/2005 8:58:49 PM
From: benwood  Respond to of 110194
 
"there should be some kind of pattern seen before widespread penalties are applied."

I agree, and this IS the way it was up until the last year when it's become predatory. Nothing like a diversion with a parent in the hospital and suddenly one gets a huge tax added to their bills.

It's really bad enough to be late and pay the interest and fees, esp. for a person who normally pays off the balance. With multiple cards, a single miscue that raised rates on one card could be rectified by cancelling the card. by colluding with one another, they block that remedy and all reap double or triple the rewards. It's as if the system has been set up to entrap those with the largest debt load in history just at the apex of the debt bubble.