How Credit Card Companies Are Screwing You in Two Ways

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25 Responses to “How Credit Card Companies Are Screwing You in Two Ways”

  1. thelazycomic Says:

    They raised mine …
    They raised mine through the roof and I wasn’t even late with my payments. These banks, in general, are THIEVES.

  2. MrShadeBlade Says:

    that’s a little …
    that’s a little extreme but yes it’s a huge problem there should be caps on personal CEO payments and that investors choose the people that lead the company and should have control over these asshole

  3. coolguy98 Says:

    Hell yeah, this is …
    yeah, this is the first time I agree w/ Cenk. These 29.99% APR’s are usury, complete USURY. It’s legalized loan sharking, no other industry charges that much interest. Both Republicans and Democrats are doing nothing about this, it could lead to the fall of the U.S.

  4. jaysmic24 Says:

    im a responsible …
    im a responsible taxpayer and very frustrated with the way this society is set up..they penalize hard work and paying yur bills on time and they bailout financial deliquency. i may as well just stop paying my debts just like everyone else and just be rewarded for being a leech and being lazy! the “American dream” is a dying ideology..how sad.

  5. jaysmic24 Says:

    dont know how many …
    dont know how many times i get into a shouting match with citibank/group. my mortgage is with them and I hate them! i’ve been a loyal customer for many yrs and a taxpayer and they have no mercy when it comes to interest rates. dont know how those people i argue with on the phone to can sleep restfully at night. i believe in karma and what they do will come back to haunt them tenfold. its my taxpayer money that keeps those scums in their pathetic jobs!

  6. red21dragon Says:

    funny… people …
    funny… people spending money they don’t have

  7. chrisrei10 Says:

    i really think …
    i really think thats how alot of people end up in trouble…theyre not intending to get into extreme debt….they dont realize how one late payment can trigger unbelievable fees and then the card companies lower your limit so that youre already over the credit line…so you get hit with being late, and over the limit….some cards were charging me almost 70 a month in fees….and they all used that default clause as the reason…..im filing bankruptcy later this year….sorry about your dad…

  8. Vash1202 Says:

    yeah but bad …
    yeah but bad credits makes life incredibly hard for providing for the family and some people would rather keep working like slaves than deny their family the things it wants/needs…

  9. Vash1202 Says:

    holyshit i feel for …
    holyshit i feel for you man, my dad owed 1000 and it got jacked up to 10,000 really fast. He had a stroke and passed away but man oh man was my family like “wtf?”

  10. eirefrance Says:

    Are you crazy!!!!!! …
    Are you crazy!!!!!! That would be the dreaded socialism!!!!!! The worst thing in the whole universe!!!! Much, much more evil than torturing innocent people and raping American workers of their life’s earnings to buy another house in Vail!!!!

  11. oldhacks Says:

    representative …
    representative government is a scam

  12. jengacrock Says:

    Finally someone …
    Finally someone sees it like I do. those crooks who peddle credit cards with their fees upon fees upon fees upon fees, sky high interest ( which they are getting from the fed at 0 % interest ) and they got bailout money to boot! I told 3 of my credit card companies to go straight to hell…they already got paid by the bank bailouts. They want their cake and want to eat it and want you to pay for it, serve it, clean up, and wipe their ass. EM!

  13. inked7607 Says:

    As long as …
    As long as corporations and the govenoment are connected at the hip we the poeple are screwed.

  14. duhCider Says:

    They give …
    They give loan-sharking a bad name, man.

  15. Lavizzle Says:

    I like how these …
    I like how these douches gave havntthslightst thumbs down for making a point based on empirical evidence… go fundamentalist punditry!

  16. preludedriver226 Says:

    fuck paying them, i …
    paying them, i hate them. Thats more than a pawn shop. I hate those bastards.

  17. hcr321984 Says:

    When you get up …
    When you get up high enough…

    Democrats = Republicans = The Banks/Defense industry.

  18. wingedlightning Says:

    how wrong it is …
    how wrong it is that universal health care is socialism…hell…nerve of the hypocrites…anytime someone even suggests infrastructure the word socialism is used like a phrase out of mccarthy’s communist witch hunt days.

  19. wingedlightning Says:

    Now that were on …
    Now that were on that subject what happened to all the $ that hallibutphawk ” extorted ” from hiring foreigns to do jobs in iraq that the military always took care like cooking.

    If that $ was returned straight into infrastructure jobs would be plentiful again…including consumer spending.

    Talk about b.s. now we have like 50 different ‘hallibutphawks in aig,gm,chrysler,etc. all with a hand stuckout…

    It’s the same circle of peps that talked about….

  20. wingedlightning Says:

    I have said it …
    I have said it before and I am saying it again…perhaps the crash back in October ‘08, was not by chance…

    maybe just maybe that’s why 787billion is being spent on ” uber rich ” as bailout now needs another

    new classification in wiki under: Government Dem&Rep Madoff like scam for uber rich

    So much for all that talk about the middle-class being saved. At this rate the only middle class will become reduced even sooner.

    Now after voting twice for obama I actually wonder if Clinton..

  21. wingedlightning Says:

    The same urgency …
    The same urgency that yours truely uses in touting the 787billion uber rich bailout is why I one who voted for him have ever RIGHT to talk just in the matter spoken.

    If 787billion was actually spent exclusively on infrastructure to the american businesses such as construction, energy, technology, etc.

    Then there would not be any reason for another uber rich bailout as the economic situation would start to work its self out…replenishing jobs and consumer spending.

    BUT….

  22. cg66079 Says:

    “the american …
    “the american people not the democratic FOOLS in government DON’T THNK THAT THE STIMULUS WILL WORK”

    I am sorry, but the numbers disagree with you. The majority of people support this stimulus bill and believe that it will work. The numbers are well outside the standard of error for the study.

    The evidence speaks for itself either accept it or prove yourself to be another dogmatic conservative that believes that science should not be trusted because it is intellectual elitism.

  23. j828224m Says:

    all i have to say …
    all i have to say is ur fat and gay fat boy

  24. DillonX Says:

    Inasmuch as they’re …
    Inasmuch as they’re jacking up their interest to around 25%, is it possible for us to charge them 25% on their loan from us, the taxpayers?

  25. chrisrei10 Says:

    the universal …
    the universal default clause is what pushed me to bankruptcy….i had owed about 7000 which ended up almost 30000 in a really short time….. i was late with one card and they ALL jacked me up to 22 percent or more…..

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