Banks Gouging Credit Card Users

http://MOXNews.com/
January 28, 2010 KOMO 4 News

Category:

News & Politics

Tags:

• bank
• credit
• card
• law
• laws

[johnqpublic81]

Actually, my payments go in 2 weeks ahead of the due date online. They raised my APR arbitrarily. After looking it up online, apparently, Citi has done this to many of their customers. I have already opened up a new credit card after paying off my Citi card at a much lower interest rate to have for emergencies. I don't like being punished for the Citi's poor investment strategies.

[SubmarinerAndroid]

Never had a credit card and I'm glad.

[montemendoza]

I hope that most credit card companies won't charge the $30 to $90 fee if a consumer charges less than $2400 annually. Perhaps the new credit laws can be amended as the credit card companies find new ways to charge us fees for our accounts.

[ReliableInsider]

helltrackrider,

Are *you* a teacher's pet for the banks, too??

Talk to your neighbors. The behavior of the banks in the past few months is atrocious.

I won't use any sexual imagery because there's enough of that in YouTube comments already but rolling over and playing dead is not the answer.

[louis12346]

Dumb arses use your Debit card for a Donut & Coffee. You have no Idea how to use cash in your wallet > FOOLs

[Hauteur723]

I shredded all of my cards i only have my debit card

[llg4ever]

It's very simple, close your accounts at all those banks that stole our money and destroyed the economy .. invest in your local bank or credit union!

[Pvtjamesryan2]

When Government intervenes in the Free Market, all hell breaks loose.

Fuck the U.S. Government!!!

[helltrackrider]

so long as it is within the contract...its legit.

if not in the contract...sue the credit card company/bank

side not, this asian chick is hot.

[bigc028282]

Man you post a lot for a guy who can't get a credit card. :)

No reason why the gov can't pull some gouging legislation out to stop this.

[whoo689]

Looks like your only saving grace for an inconvenient bank that won't open branches near you, even if it is a fucking rich-as-hell corporation that lots of people use, is Internet and online banking. Hell, if this were the 1980s, I'd be kind of fucked using Chase after I transferred colleges.

But at least I don't have to deal with shitty-ass Kroger back here in Missouri. God, that store sucks.

[whoo689]

The funny thing is, I got my original chase account back in 2006 when I went to college in Columbus OH, but then when I transferred (Missouri resident) to Mizzou in Columbia, I couldn't find a single branch! Typing in mine or Columbia's zip code yields nothing within even a 50-mile radius. Or 30-mile, whatever the number is. What bullshit. Chase calls itself a big national bank that you can trust? I can get an account in Ohio but a few states to the east, I'm fucked?