martyg

Consumer Credit: Precipitous Drop in Credit Card Offers

this is good news despite some initial misgivings. credit card companies, in general, deserve to go out of business. they are nothing but registered loan sharks. as hard as it may seem to do, people should wean themselves from credit cards and into debit cards,

if you need impetus, just add up how much you spent on interest and other charges during the year and think what you could do with that extra money.

Does True Competition Among Credit Card Issuers Exist?

credit card companies compete? what a joke. next try writing some fluff about attila the hun. in concert, they all raised their rates while borrowing money from the government for next to zero.

as far as transparency is concerned, i'm certain that mr angry banker can read the journal of medicine and start performing brain surgery.

as far as the credit card companies shrinking, only people strung out on debt for survival should be paying usurious interest rates. like smoking cigarettes, the public should be weaned off credit cards. it's painful for a while but healthy in the long run.

disclosure: reformed credit card junkie. been clean for almost
2 1/2 years and only use debit cards.

Credit Card Act of 2009: Thanks for Nothing, Congress

credit card companies should all go out of business as they are just drug dealers in disguise.

knowing that this will not happen, any company that accepts a credit card should be forced to accept a debit card also. this is directed to auto rental companies as they make their own rules. i don't want a credit card. a debit card is like paying with cash and allows internet bill paying. it will help the economy and kill profligate spending.