Quote:
Originally Posted by Sausage
"Oh no ... I am being offered a credit card that I clearly can't afford but since I am being offered it I have to take it and max it out! Please protect me Mr. Obama!"
Grow up kids and learn some responsibility.
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lol I think people understand that for the most part, but it's really gotten to a breaking point here on these things.
I mean imagine making a buy today for $2000 ok, and tomorrow you get a notice that your limit was just decreased to $1000 and you now owe fee's for being over your limit, your overall credit score takes a blow and other lenders who's cards you havent touched in forever notify you that your interest rate just went up.
Mind you, all you actually did was buy something.
And the agreements on these things? Man it's like they contact the space program for the micro finest parchment science can create then use some typeface you can hardly see, and a skilled lawyer still needs a week to read it and have confidence in their comprehension.. It's to the point where it's no longer reasonable to assume that an average consumer could "agree" without legal council to some of these contracts.. seriously.
They are actually alledging that some cc companies set up business models specifically based around penalties and fee's. Pure scams taking advantage of the "stupid comsumer shoulda known better" umbrella.