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For the past 20 years, the GOP have been the complete toadies of corporate interests. They work tirelessly for big business and against the public. If someone is not aware of this, it's only because they haven't been paying attention for quite awhile.
For the past 20 years, the GOP have been the complete toadies of corporate interests. They work tirelessly for big business and against the public. If someone is not aware of this, it's only because they haven't been paying attention for quite awhile.
Nothing to see here, folks. Please move along.
Freezing rates was not supposed to happen til Feb 2010.
The bill passed in May giving the banks 6 months to jack up rates/fees.
What good would freezing now do as opposed to February ?
If Congress really was looking out for the taxpayers instead of the banks then that freeze would have been effective when the bill passed last May.
So instead of 12% interest we now have 30% interest on CC's.
This goes to show you have absolutely no idea what your talking about as well as you have not followed up on whats been going on recently. This is not happening only to those with crappy credit. This is happening to those customers with excellent credit, never late and never go over there balance. someone like me, which is why it wasn't hard for me to pay off two of my cards and close them
I know exactly what is going on. I know credit and financing very well.
I have NOT been rate jacked at all. But I never keep any balances either.
I read your story about your house, congrats on your first home. That is a great feeling.
Negative credit can remain on your report for only 7 years, not 10 like you posted. If there is any remaining items on your report from 10 years ago it must be removed by law, if it is still there PM me and we will get it removed!
Also, 33% of your credit score is based on open lines of credit and closing cards can harm you over time. Your available credit drops therefore it hurts your score. If your limits were low then the effect is less.
If you have any cards and carry zero balances and zero to very low fees, you need to keep them. Many credit unions offer no fees and low rates right now for their cards.
Congrats on your home, that is a great moment in your life and you have worked hard to obtain.
For the past 20 years, the GOP have been the complete toadies of corporate interests. They work tirelessly for big business and against the public. If someone is not aware of this, it's only because they haven't been paying attention for quite awhile.
Nothing to see here, folks. Please move along.
Stop blaming the GOP and corporations.
NO ONE FORCED YOU TO APPLY FOR THE CREDIT CARD DID THEY?
Answer is no.
You should not have used them, maxed them out and had balances.
If you were in the know, there are many cards and credit unions with cards you could have done a balance transfer to and saved you tons of money and no or low fees.
If you have decent credit and balances do us all a favor, grab a zero interest rate card for 6 months, balance transfer those cards and you wont have to worry about it.
For the past 20 years, the GOP have been the complete toadies of corporate interests. They work tirelessly for big business and against the public. If someone is not aware of this, it's only because they haven't been paying attention for quite awhile.
Nothing to see here, folks. Please move along.
It is precisely why I am no longer 'independent" and will NEVER vote Republican EVER again in my lifetime.. unless they do a complete 360!! I've voted Republican before and my observation of the party is exactly as yours is.
NO ONE FORCED YOU TO APPLY FOR THE CREDIT CARD DID THEY?
Answer is no.
You should not have used them, maxed them out and had balances.
If you were in the know, there are many cards and credit unions with cards you could have done a balance transfer to and saved you tons of money and no or low fees.
If you have decent credit and balances do us all a favor, grab a zero interest rate card for 6 months, balance transfer those cards and you wont have to worry about it.
It is precisely why I am no longer 'independent" and will NEVER vote Republican EVER again in my lifetime.. unless they do a complete 360!! I've voted Republican before and my observation of the party is exactly as yours is.
Like you, I'm a former Republican, unlikely to ever support that ridiculous caricature of a political party ever again.
Well..you former Republicans should go look up that bill that the Democratic Congress passed back in May. They gave the banks from May 2009 until Feb 2010 time to "adjust" their rates and fees in anticipation of the freeze.
How can anyone blame this on the Republicans when the Dem Congress passed this bill 6 months ago ?
If anything you should be turning your backs on both Dems and Repubs..both are cut from the same cloth.
Well..you former Republicans should go look up that bill that the Democratic Congress passed back in May. They gave the banks from May 2009 until Feb 2010 time to "adjust" their rates and fees in anticipation of the freeze.
How can anyone blame this on the Republicans when the Dem Congress passed this bill 6 months ago ?
If anything you should be turning your backs on both Dems and Repubs..both are cut from the same cloth.
Well..you former Republicans should go look up that bill that the Democratic Congress passed back in May. They gave the banks from May 2009 until Feb 2010 time to "adjust" their rates and fees in anticipation of the freeze.
How can anyone blame this on the Republicans when the Dem Congress passed this bill 6 months ago ?
If anything you should be turning your backs on both Dems and Repubs..both are cut from the same cloth.
But the Dems aren't the ones blocking something that could fix a mistake of the original bill and set things right.. the Republicans are!
The Dems are trying to set it right.. perhaps their was oversight when they originally proposed the law, which ultimately we needed anyway.. and they are now trying to set it right.
once again the Repubs are acting like children.. blocking the change to correct it and then saying.. see.. see. see.. you did this.. .. yeah.. they did, but now they are trying to correct it.
Hey.. at least the Dems are trying to do something about it . .. rather than the great big nothing we've gotten from the Republican party the prior 8 years.
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Are you a finacial advisor, by any chance?
