http://www.askmrcreditcard.com/creditcardblog/outrageous-credit-card-practices/ Latest Credit Card News, Reviews and Information Sat, 07 Nov 2009 23:38:59 -0600 http://wordpress.org/?v=2.8.5 hourly 1 http://www.askmrcreditcard.com/creditcardblog/outrageous-credit-card-practices/comment-page-1/#comment-93261 Mark Wed, 24 Dec 2008 20:43:50 +0000 http://www.askmrcreditcard.com/creditcardblog/?p=2580#comment-93261 Another example of deplorable operating practices by the credit card industry. Another example of deplorable operating practices by the credit card industry.

]]> http://www.askmrcreditcard.com/creditcardblog/outrageous-credit-card-practices/comment-page-1/#comment-93104 Credit Card Guru Tue, 23 Dec 2008 06:45:43 +0000 http://www.askmrcreditcard.com/creditcardblog/?p=2580#comment-93104 Thanks for the info. It is good to see that someone out there is speaking out about the practices of credit card companies. Thanks for the info. It is good to see that someone out there is speaking out about the practices of credit card companies.

]]> http://www.askmrcreditcard.com/creditcardblog/outrageous-credit-card-practices/comment-page-1/#comment-93083 Tim Tue, 23 Dec 2008 03:26:29 +0000 http://www.askmrcreditcard.com/creditcardblog/?p=2580#comment-93083 you make it seem, as do many credit card users, that credit is a right. it isn't. i simply do not get all the vilification. it has been obvious people cannot self-regulate and control themselves. why the heck do you need a high credit limit anyways? if you pay in full, no worries about the utilization ratio or anything else. if you carry a balance, there is a high probability that you will continue to do so and have a higher propensity to default or pay late. the vast majority of unfair and deceptive practices are avoidable, however, consumers have simply chosen to ignore them when signing up. you make it seem, as do many credit card users, that credit is a right. it isn’t. i simply do not get all the vilification. it has been obvious people cannot self-regulate and control themselves. why the heck do you need a high credit limit anyways? if you pay in full, no worries about the utilization ratio or anything else. if you carry a balance, there is a high probability that you will continue to do so and have a higher propensity to default or pay late. the vast majority of unfair and deceptive practices are avoidable, however, consumers have simply chosen to ignore them when signing up.

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