04-08-2009 05:19 PM
Only after the Taxpayer bails out the Credit Card Issuers.
I suspect the pay back of 2.7 Billion cost them a fortune in interest and fees.
To make that up they will continue to raise the APR's hoping they can make some profit.
04-09-2009 10:18 AM
Wishful thinking. I'm still waiting on AMEX to restore my CL. Like an idiot I continue to use them and PIF after they cut my CL in half. Once I get my cashback, I will be using my Chase Freedom exclusively.
04-09-2009 10:35 AM - edited 04-09-2009 10:36 AM
Too bad they did not wait until March. Suze Orman said not to pay off the CC's anymore, but to save now instead. A total 180 degree turn from what she told Oprah in January. My how two months can change a financial "guru".
Pretty soon that Dave Ramsey dude will start telling people to apply for CC's. LMAO!!!
04-09-2009 10:48 AM
i do not know what it is Pappy, but i do not like suze orman!!! she is making money off of other peoples problems!!
I fully agree. In fact most of them are making money off of other peoples problems. Honestly most of those people are not members of this site. I have learned more in the past year of being a member here than watching any financial "expert" yap about crap on TV.
I feel like writing a book. Chapter One "Join MyFICO and Educate Yourself" and then leave it at that.
04-09-2009 10:56 AM