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-   -   CREDIT CARD CRISIS - Next shoe to drop? (https://gfy.com/showthread.php?t=872708)

JackJones75 12-01-2008 12:46 PM

CREDIT CARD CRISIS - Next shoe to drop?
 
http://biz.yahoo.com/rb/081201/busin...penheimer.html

Honez 12-01-2008 01:53 PM

Not surprising. I have had had a couple of issues lately that are pointing in that direction. One was with an unauthorized charge on my debit card for $214 that even after a 12 page fax proving it wasn't mine my bank decided to leave on there. The second comes from one of my credit card companies that has started charging a $15 per month fee for "customer service and printing the bill". Ridiculous.

MetaMan 12-01-2008 01:55 PM

dont fear people the bailouts are for helping MAIN STREET, REMEMBER MAIN STREET, dont worry everyone will feel the trickle down effects.:helpme

crockett 12-01-2008 01:57 PM

Watch the documentry "Maxed Out" and you will have a good idea as to why they will be hit hard. It's their own fault, so I don't feel sorry at all for them but it will likely hit anything online aswell.

$5 submissions 12-01-2008 02:03 PM

Damn. Part of a downward spiral. I'm afraid the end effect of all the bailout mania is to flood the economy with cheap dollars. Inflation and slow or negative growth.


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