You might see relief on card rates, fees

You might see relief on card rates, fees

There are 29 comments on the South Florida Sun-Sentinel story from Mar 8, 2007, titled You might see relief on card rates, fees. In it, South Florida Sun-Sentinel reports that:

JPMorgan Chase & Co. and Citigroup Inc., two of the three largest U.S. credit-card issuers, told Congress Wednesday they are changing some of the cardholder rates and fees that legislators say unfairly hurt ...

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Kim

Fort Lauderdale, FL

#21 Mar 8, 2007
Something needs to be done about what the credit card companies are doing to consumers. The late fees, over the limit fees and high interest rates is nothing but criminal.
Kim

Fort Lauderdale, FL

#22 Mar 8, 2007
Bob wrote:
If you don't like the way credit card companies do business, stop using the cards. Why is the solution to every problem to have the Government step in and control things.
Credit card companies should conduct business fairly, but, nobody HAS to use credit cards.
Because sometimes people lose their jobs or has a unexpected crisis and that is the only way they can survive. Eveyone in the US are not rich.
Sue

Fort Lauderdale, FL

#23 Mar 8, 2007
Shiftee wrote:
Welcome to America!
Word of the Day!
GREED!!!!!!!
BRING THE TROOPS HOME!!!
Agree
MANGLER

Jacksonville, FL

#24 Mar 8, 2007
That's part of John's point ... you knowingly accepted their right to stick it to you any time they want to when you signed their application form. Outside of food and shelter - there is nothing that we truly "need". Everything we will our lives and homes with is luxury - everything from your washer/dryer, microwave, TV, comuters, cell phones, closets full of shoes, etc - it's all luxury.
Deerfield Beach wrote:
<quoted text>
Actually, the problem is that after reading the terms when you open the account, they reserve the right to change the terms without any reason or notice.
Bob

Onondaga, MI

#25 Mar 8, 2007
Kim wrote:
<quoted text>
Because sometimes people lose their jobs or has a unexpected crisis and that is the only way they can survive. Eveyone in the US are not rich.
I would be willing to bet, the vast majority of people with huge credit card debt do not have that debt because of a lost job or unexpected crisis. More and more people in this country are living beyond their means.
Dave

Troy, MI

#26 Mar 8, 2007
Credit cards should be used for emergencies or something that is really needed. Not "would like to have" stuff or other crap. I actually saw someone in a fast food restaurant paying by a credit card - how ridiculous is that? If you can't afford it - you don't need it. Stop asking the government to bail you out by regulating a private company. If you don't like the fees - don't get the card. People don't take personal responsibility for their actions anymore. When they get in over their heads they blame someone else or want some agency to bail them out. Bunch of crap!
Bob

Onondaga, MI

#27 Mar 8, 2007
Dave wrote:
Credit cards should be used for emergencies or something that is really needed. Not "would like to have" stuff or other crap. I actually saw someone in a fast food restaurant paying by a credit card - how ridiculous is that? If you can't afford it - you don't need it. Stop asking the government to bail you out by regulating a private company. If you don't like the fees - don't get the card. People don't take personal responsibility for their actions anymore. When they get in over their heads they blame someone else or want some agency to bail them out. Bunch of crap!
Agreed
working on resume

Evansville, IN

#28 Apr 1, 2007
Heres an idea:
write your congressmen and ask that franchised companies be required to join a registry stating what percentage of their jobs are held in the US vs overseas. Flare your letter with some true patriot flowery crap and how you're trying to boost the US economy by boosting tax revenue from American goods. American jobs=American taxes, right? Then copy and paste the letter to every state gov. you can find an email addy for. This way we can support companies that still hold jobs in the US.
Danit

London, UK

#29 Mar 26, 2014
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