Quote:
Originally Posted by MisterPeabody
Does CCBill and other cc processors consider a debit card a credit card or an online check? Because I get a LOT of 'bounced' (or, 'Returned') checks.
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They show as credit.
Quote:
Originally Posted by Vjo
Laws should be passed to cap some of their loansharking methods.
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There were laws in place that prevented it. Usury laws are some of the oldest laws on the planet. By law I can not charge what a credit card companies now does. Payday loans use loopholes in that altered credit card law and thats what allows them to do the 500 plus percent interest.
Anyways it was not to far back when the credit industry got certain laws changed that were in place since nearly the dawn of laws. Not that long after we had a nation living off of credit and in debt.