Thank You Obama!

[TXgolfer]

lol they're not greedy but they're merciless. The credit card companies are not forcing you use their cards. It's you who are accruing the debts with credit card and it's your responsibility to make payment on time.

don't blame them for your mess. blame yourself for putting yourself in a bad financial situation and for not educating yourself about credit card's tricky fineprint. don't take it wrong but it's how I see it. That's why some people don't use credit card EVER and they stick with debit card.

Exactly! It's all there when you sign up. If the print is small get a magnifying glass. Just make sure you read everything before you sign up.

Some people are saying they don't trust credit cards. I think the more accurate question is do you trust yourself with credit cards. If the answer is No....don't get one. If the answer is yes make sure you read and understand everything first.

 

[Kalista]

I used to have 5 credit cards and was over $60K in debt in 2002. Now, I have 3 and cut my debts more than half of that. One of the 3 is soon paid off and I will cut up the cards just like I did with the other 2. Then work on the next one and cut it up and then work on the last one but keep the card and balance at 0 just in case. that's my 5 year plan with the f***cking credit cards. I have come a LONG DAMN WAY!

I got the letters from credit card companies, February 2010. We have to pay 39 dollars per credit card companies when you are not using those cards. I said, WTF why do they force us to pay 39 dollars although we do not use the cards. That pissed me off. I wanted to cut them off to tell them fk off to leave us alone.

 

[TXgolfer]

I got the letters from credit card companies, February 2010. We have to pay 39 dollars per credit card companies when you are not using those cards. I said, WTF why do they force us to pay 39 dollars although we do not use the cards. That pissed me off. I wanted to cut them off to tell them fk off to leave us alone.

Pretty simple really. Credit card companies are a business. When you don't use the card they are not making any money.....However it still costs them money. They still send you statements, they still watch the card for fraud and they still pay for insurance in case your cards are lost or stolen and used by someone else. If you don't plan on using the cards anymore close the account. If you do plan to use the cards, $39 is a small fee to pay. Or you could switch to a card with no fee.