New Year, New Credit Card Fees

As credit card companies prepare for the new year by finding ways to charge more money, financial contributor Vera Gibbons spoke to Debbye Turner Bell about part two of the federal credit card law.

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[deltaalpha21074]

@iMentalVirus It's not too late pay the ones you can or just consolidate all of them at super low APR or take bank loan ---I sold allmy toys and paid them all off when I saw the corruption between US GOVT and BANKS. Nothing has changed at all nothing except banks are more crooked?

[iMentalVirus]

@deltaalpha21074 Thanx but it is a little bit too late for me, I have made the biggest mistake of my life...

[deltaalpha21074]

Stay away from those High APR cards and ones that make you pay any annual rate it's a scam and you will get burned hard ----crooks all of them!

[77sporty]

burn your cards. file bankrupcy. wipe them out.

[worIdcitizen]

That's the problem here...they trap people in corner so people has no any other option other than credit. It's not that easy for majority of people just to find another way to make money. They try but they fail in the end, because the system is built that way to force people be in debt, be slaves, work 40-50 hrs/week, still people struggle. Blame the greedy who created the system to trap people.

[AccountingFan2008]

Well since people are complaining about the interest rates being too obscenely high, then they must find other ways to make there money.