Senior Contributor
Posts: 3,240
Registered: ‎04-03-2008

Nick Bourke of the Pew Charitable Trust on CCC's questionable practices


Bourke: Clearly everybody involved needs to be responsible. There's no question that consumers who are using credit cards have a responsibility to not go beyond their means. But likewise, credit card companies have a responsibility to be up-front with what the price of these products are and how they behave, and how they might change over time. So the most pressing need here, really, is for Congress to step in at this point and pass the laws that they're talking about passing to ensure that credit card contracts are behaving like real contracts.
TU 791 02/11/2013, EQ 800 1/29/2011 , EX Plus FAKO 812, EX Vantage Score 955 3/19/2010 wife's EQ 9/23/2009 803
EX always was my highest when we could pull all three
Always remember: big print giveth, small print taketh away
If you dunno what tanstaafl means you must Google it

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