Why is it that people can't understand what a rip off credit cards are if you don't pay them off every month??? I grew up with a mom always in debt and I learned from that...ever since getting married I NEVER buy ANYTHING unless it can be paid off when I get the bill...we only use the one card for everything because we get 1% back...but it gets paid off every month, we've never paid interest...ever!!!
I work for a credit card in the customer service dept... and people can be really stupid when it comes to credit cards... I had a lady the other day that called in wanting to know what the interest charge was on her account... she had never paid the balance in full and has had the card for more than 3 years. WOW!!!
I love extended warranty. Seriously a year free warranty for just using ur credit card? Used it several time already, with amex no hassle. With MC, a little work but it went through.
Even if you have no notion of a zero balance and pay regularly, you are paying interest on all the small little things that they fool you into believing you should not live without. I don't know what they call themselves these days, "Creditors or Insurance Companies".
Time! No. You can pay early and still get into dept.
Just when you think your balance is 0, you find out thats not the case because its not based on the logical standpoint of purchases. No... Your balance will not be zero because of all those small little things I mentioned earlier.
Time, time!! It was nothing to do with time. Credit card companies find ways to raise your interest along with your balance. First they add all matter of small, little (yes redundant but soon find the reason why) inconspicuous, indiscernible fees. Starting with overdraft portection, moving to credit protection, credit monitor service, identity theft coverage.... It seems to never end.
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Raikoue 2 months ago
thats why i use pre paid gift credit cards for my online purchases
NickoRules17 2 months ago
I like looking at you and listening to you say words... you're HOT!
kevinjfuller 2 months ago
... >.> Why not just deal with money? The touchable kind.
TheSalemW 5 months ago in playlist More videos from WhatYouOughtToKnow
so what credit card company does he work for?
karebearcolin 5 months ago
So if buying something that breaks the minute you get it is evil, then the xbox 360 is pretty evil.
josh18230 5 months ago
Comment removed
kgtrains 6 months ago
I had one 10 credit cards with total of 46K once never again would I have a credit card
FMC19 9 months ago
Interest is evil, that is why it is forbidden in Islam-both to use interest against others, and to allow someone to use interest against you.
HarunDanyal 10 months ago
doublest the amount ... i see: 1 year becomes 2 -> agreed
3 years becomes 4 -> what ? ... NOOO !
3 times 2 gives you 6
Math is not a religion there is NO room for interpretation
tomatowatcher 11 months ago
@tomatowatcher When it's over a yer, they just add another year. 2-3. 4-5. 6-7. etc etc.
Sinakus 7 months ago
Why is it that people can't understand what a rip off credit cards are if you don't pay them off every month??? I grew up with a mom always in debt and I learned from that...ever since getting married I NEVER buy ANYTHING unless it can be paid off when I get the bill...we only use the one card for everything because we get 1% back...but it gets paid off every month, we've never paid interest...ever!!!
socalcutie82 1 year ago 2
YOu really need to talk to Dave Ramsey!
kathiemkls 1 year ago 10
He pops up and says "PayPal is evil!" So funny!
TheBirdofTokyo 1 year ago 2
Your message is good, but aren't you just a Ze clone? As in Ze Frank?
hjones1 1 year ago
credit cards should be banned
BlackNMedBlaze 1 year ago 12
Then you could not spend money you did not have
thereddog223 4 months ago
I work for a credit card in the customer service dept... and people can be really stupid when it comes to credit cards... I had a lady the other day that called in wanting to know what the interest charge was on her account... she had never paid the balance in full and has had the card for more than 3 years. WOW!!!
Selah2Lola 1 year ago
so many evil so little time....
hvkv0000 1 year ago
I love extended warranty. Seriously a year free warranty for just using ur credit card? Used it several time already, with amex no hassle. With MC, a little work but it went through.
xrangerx 1 year ago
It's all a conspiracy dude...
ARRRGGGHHH!
JediMasterCheryl 2 years ago
Preach it, brother!
As long as you never carry a balance a credit card is wonderful.
studentofsmith 2 years ago
@studentofsmith
Cheap cards and already verified PayPal accounts 4 sell
/watch?v=uvbpVgPt9bY
quaxxac 1 year ago
Part3:
Even if you have no notion of a zero balance and pay regularly, you are paying interest on all the small little things that they fool you into believing you should not live without. I don't know what they call themselves these days, "Creditors or Insurance Companies".
Time! No. You can pay early and still get into dept.
Anothercoilgun 2 years ago
@Anothercoilgun Which department do you get into if you pay early?
Or did you mean debt? lol
JediMasterCheryl 2 years ago
Part 2:
Just when you think your balance is 0, you find out thats not the case because its not based on the logical standpoint of purchases. No... Your balance will not be zero because of all those small little things I mentioned earlier.
Anothercoilgun 2 years ago
Time, time!! It was nothing to do with time. Credit card companies find ways to raise your interest along with your balance. First they add all matter of small, little (yes redundant but soon find the reason why) inconspicuous, indiscernible fees. Starting with overdraft portection, moving to credit protection, credit monitor service, identity theft coverage.... It seems to never end.
Anothercoilgun 2 years ago
How do you do that thing with your hair? xD
It's cool :)
PrincessBrokenTeacup 2 years ago
I'm sorry, but how four years double of three year? I'm not great with but, isn't that supposed to be six years??
WAIT A MINUTE.
You did that on purpose, didn't you?!
You sly devils, you ...
jordancg 3 years ago 2
It's doubled, but there is a one year cap. Anything over that they chop off. I guess that makes them the sly devils.
WhatYouOughtToKnow 3 years ago 4
Those diabolical fiends!!
Thanks for the explanation, though :D
jordancg 3 years ago
I soon as i 0:21 came up i remember to pay my bill!! THanks ! WYOTK !!
Aoiichi 3 years ago
thanx very informative.
bgood4ever 3 years ago
This comment has received too many negative votes show
you my friend are an idiot.
Himankz 3 years ago
Credit cards are evil but where there's demand, there's supply. So...consumers are just stupid.
z1freerider 3 years ago