~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ | |
Ricfly52 User ID: 203277 United States 02/04/2011 07:59 PM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ We cut ours up and canceled the accounts several years ago. So a couple of weeks ago we get this card solisitation in the mail. It touted a low, low starting rate of 31.75% I wanted to send it back with a dirty message in it, but I couldn't see wasting a stamp. Fishing and skiing keeps me a little sane. |
Psych User ID: 903456 Netherlands 02/04/2011 08:14 PM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ While i fully agree that bankers always find loopholes to make money... people need to wake the f*** up and smell the coffee. Where do you draw the line concerning the responsibility of the lender vs the borrower? How far do you need to go to protect people against themselves? If a rate is as high as 59.9% due to your credit-score, this should be incentive enough to not take the credit-card. |
BloodRed (OP) User ID: 1033557 United States 02/04/2011 08:52 PM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ While i fully agree that bankers always find loopholes to make money... people need to wake the f*** up and smell the coffee. Quoting: PsychWhere do you draw the line concerning the responsibility of the lender vs the borrower? How far do you need to go to protect people against themselves? If a rate is as high as 59.9% due to your credit-score, this should be incentive enough to not take the credit-card. ~ AGREED!! My grandpapa always taught me, that if you can't buy it outright, then DON'T BUY IT!! Lol of course, he used to bury his cash in a mason jar in the backyard, too!! (YES, people REALLY USED TO DO THAT!! lol)... ~ Y'all Are CrAzY Doom Tards!! But I love y'all anyway... well, not the shills, not so much... ~ ~ Wanna know what we're all here for? THEY know: [link to www.youtube.com] ... So if _THEY_ can manage this, why in the world are WE such hateful fail-tards, people ........ ? ~ |
Psych User ID: 903456 Netherlands 02/04/2011 09:12 PM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ ~ AGREED!! My grandpapa always taught me, that if you can't buy it outright, then DON'T BUY IT!! Lol of course, he used to bury his cash in a mason jar in the backyard, too!! (YES, people REALLY USED TO DO THAT!! lol)... Quoting: BloodRedMy grandma said something similar. She said if you want to buy something, make sure you have double that money so you'll still maintain a buffer. And yeah, the backyard... Not an uncommon story. I think they were secretly hoping it would grow a money-tree. Last Edited by Psych-old on 02/04/2011 09:13 PM |
Anonymous Coward User ID: 1087388 United States 02/04/2011 09:23 PM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ While i fully agree that bankers always find loopholes to make money... people need to wake the f*** up and smell the coffee. Quoting: PsychWhere do you draw the line concerning the responsibility of the lender vs the borrower? How far do you need to go to protect people against themselves? If a rate is as high as 59.9% due to your credit-score, this should be incentive enough to not take the credit-card. It's easy to say that if you already have a score or credit lines. For those trying to get in the game or make up for past transgressions, they have no choice. |
Dumb Fucking Shit User ID: 1214987 United States 02/04/2011 09:44 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1181888 United States 02/04/2011 09:45 PM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ While i fully agree that bankers always find loopholes to make money... people need to wake the f*** up and smell the coffee. Quoting: PsychWhere do you draw the line concerning the responsibility of the lender vs the borrower? How far do you need to go to protect people against themselves? If a rate is as high as 59.9% due to your credit-score, this should be incentive enough to not take the credit-card. ~ AGREED!! My grandpapa always taught me, that if you can't buy it outright, then DON'T BUY IT!! Lol of course, he used to bury his cash in a mason jar in the backyard, too!! (YES, people REALLY USED TO DO THAT!! lol)... Awesome. There's a legend around here of the guy that got drunk, buried all his money out in a cow pasture, and could never recall where he buried his stash... Moonshine is a bitch. Yeah, when you pay cash for something, you know exactly how much effort you put into getting it. When you buy it with credit, this attachment doesn't exist. Credit cards should only be used in an emergency, unless you pay the balance every month. |
Anonymous Coward User ID: 1160682 United States 02/04/2011 09:57 PM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ While i fully agree that bankers always find loopholes to make money... people need to wake the f*** up and smell the coffee. Quoting: PsychWhere do you draw the line concerning the responsibility of the lender vs the borrower? How far do you need to go to protect people against themselves? If a rate is as high as 59.9% due to your credit-score, this should be incentive enough to not take the credit-card. ~ AGREED!! My grandpapa always taught me, that if you can't buy it outright, then DON'T BUY IT!! Lol of course, he used to bury his cash in a mason jar in the backyard, too!! (YES, people REALLY USED TO DO THAT!! lol)... Awesome. There's a legend around here of the guy that got drunk, buried all his money out in a cow pasture, and could never recall where he buried his stash... Moonshine is a bitch. Yeah, when you pay cash for something, you know exactly how much effort you put into getting it. When you buy it with credit, this attachment doesn't exist. Credit cards should only be used in an emergency, unless you pay the balance every month. good advice! and use a card with cashback |
Anonymous Coward User ID: 69144 United States 02/04/2011 09:58 PM Report Abusive Post Report Copyright Violation | |
BloodRed (OP) User ID: 1033557 United States 02/05/2011 05:41 AM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ While i fully agree that bankers always find loopholes to make money... people need to wake the f*** up and smell the coffee. Quoting: PsychWhere do you draw the line concerning the responsibility of the lender vs the borrower? How far do you need to go to protect people against themselves? If a rate is as high as 59.9% due to your credit-score, this should be incentive enough to not take the credit-card. ~ AGREED!! My grandpapa always taught me, that if you can't buy it outright, then DON'T BUY IT!! Lol of course, he used to bury his cash in a mason jar in the backyard, too!! (YES, people REALLY USED TO DO THAT!! lol)... Awesome. There's a legend around here of the guy that got drunk, buried all his money out in a cow pasture, and could never recall where he buried his stash... Moonshine is a bitch. Yeah, when you pay cash for something, you know exactly how much effort you put into getting it. When you buy it with credit, this attachment doesn't exist. Credit cards should only be used in an emergency, unless you pay the balance every month. good advice! and use a card with cashback ~ VERY interesting, what you said about knowing how much effort you put into something, and that the experience is different with a credit card. I had never thought of it quite like that... ~ Y'all Are CrAzY Doom Tards!! But I love y'all anyway... well, not the shills, not so much... ~ ~ Wanna know what we're all here for? THEY know: [link to www.youtube.com] ... So if _THEY_ can manage this, why in the world are WE such hateful fail-tards, people ........ ? ~ |
BloodRed (OP) User ID: 1033557 United States 02/05/2011 05:41 AM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ I noticed if a payment is late, they will now sock me with a 30% fee Quoting: Anonymous Coward 69144~ WOW!! OWWIE!! That's CRAZY!! =0 ~ Y'all Are CrAzY Doom Tards!! But I love y'all anyway... well, not the shills, not so much... ~ ~ Wanna know what we're all here for? THEY know: [link to www.youtube.com] ... So if _THEY_ can manage this, why in the world are WE such hateful fail-tards, people ........ ? ~ |
BloodRed (OP) User ID: 1033557 United States 02/05/2011 05:43 AM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ We cut ours up and canceled the accounts several years ago. Quoting: Ricfly52So a couple of weeks ago we get this card solisitation in the mail. It touted a low, low starting rate of 31.75% I wanted to send it back with a dirty message in it, but I couldn't see wasting a stamp. ~ LOL!! <-- (insert 'smart' instead of 'stupid') ~ Y'all Are CrAzY Doom Tards!! But I love y'all anyway... well, not the shills, not so much... ~ ~ Wanna know what we're all here for? THEY know: [link to www.youtube.com] ... So if _THEY_ can manage this, why in the world are WE such hateful fail-tards, people ........ ? ~ |
Anonymous Coward User ID: 1037929 United States 02/05/2011 05:45 AM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ Banks take huge risks with unsecured financing like credit cards. Unless the government passes a law saying that individuals must have credit cards at these rates there is nothing to see here and nothing wrong with banks charging for the risk because you can get prepaid debit/credit cards now if you have no credit. |
Anonymous Coward User ID: 1010320 United States 02/05/2011 05:49 AM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ Banks take huge risks with unsecured financing like credit cards. Unless the government passes a law saying that individuals must have credit cards at these rates there is nothing to see here and nothing wrong with banks charging for the risk because you can get prepaid debit/credit cards now if you have no credit. Quoting: Anonymous Coward 1037929Yes, usurers deserve what they get, have them reap what they sow, fill it up and tear it up. Do not pay, never pay. Fight the moneychangers, the hell spawned parasites enemies of humanity. |
Anonymous Coward User ID: 1256584 United States 02/05/2011 06:20 AM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ 60 percent is criminal, and to think that our useless government allows them to do it. Hell...20 percent is criminal. Wall Street ran their credit up and the taxpayers were forced to bail them out and now they have the nerve to to judge us? . |
Anonymous Coward User ID: 965322 United Kingdom 02/05/2011 06:42 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1250935 United States 02/05/2011 06:50 AM Report Abusive Post Report Copyright Violation | |
BloodRed (OP) User ID: 1033557 United States 02/05/2011 04:08 PM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ Cool ~ COOL INDEED!! Thank you!! =) ~ Y'all Are CrAzY Doom Tards!! But I love y'all anyway... well, not the shills, not so much... ~ ~ Wanna know what we're all here for? THEY know: [link to www.youtube.com] ... So if _THEY_ can manage this, why in the world are WE such hateful fail-tards, people ........ ? ~ |
Anonymous Coward User ID: 1144159 United States 02/05/2011 05:46 PM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ We cut ours up and canceled the accounts several years ago. Quoting: Ricfly52So a couple of weeks ago we get this card solisitation in the mail. It touted a low, low starting rate of 31.75% I wanted to send it back with a dirty message in it, but I couldn't see wasting a stamp. No shit? starting rate of 31.75% Do we all now understand why it is that several religions ban usury? That is to say compound interest, and in some cases, simple interest? But then look at mortagages... simply purchase price on a $100K house over 30 years mortagage, can end up totallying over $300K by the time its all paid off. That's 200% in additional Interest, yet millions and millions 'gladly' fall for that, and have done so for over 100 years. Now that 200% as if simple interest is true slavery. |
Anonymous Coward User ID: 1144159 United States 02/05/2011 05:49 PM Report Abusive Post Report Copyright Violation | Re: ~ THE EVIL CONTINUES: Credit Card Interest Rates Near 60% as Banks Return to Risky Borrowers...!! ~ Banks take huge risks with unsecured financing like credit cards. Unless the government passes a law saying that individuals must have credit cards at these rates there is nothing to see here and nothing wrong with banks charging for the risk because you can get prepaid debit/credit cards now if you have no credit. Quoting: Anonymous Coward 1037929On the precedence set by the current Health Care Law, the US Government can now mandate that we all individually 'buy' credit from private banks, whether we even want it or not, or even use it. How about that, honeky doorey. Fascism at its absolute best. Not even Hitler nor Musolini was that bold. |