Comments on: Credit Cardholders’ Bill of Rights Act of 2009 http://www.mydollarplan.com/credit-cardholders-bill-of-rights-act-of-2009/ because money doesn't grow on trees Thu, 09 Feb 2012 14:28:55 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: heidi http://www.mydollarplan.com/credit-cardholders-bill-of-rights-act-of-2009/#comment-8877 heidi Fri, 03 Jul 2009 07:37:01 +0000 http://www.mydollarplan.com/?p=859#comment-8877 The legislative changes look good to me and are long overdue. Let us not forget that Credit Card companies make a percentage off every charge from the merchant, which is the reason that there are now Gift Cards, on which they likewise make $$. Too much greed on the part of credit card companies has led to the need for this. In light of the fact that we just bailed out the banks, etc., I think they should show a little more respect to the people who financed the bailout. That would be all of us here in the great USofA!! The legislative changes look good to me and are long overdue. Let us not forget that Credit Card companies make a percentage off every charge from the merchant, which is the reason that there are now Gift Cards, on which they likewise make $$. Too much greed on the part of credit card companies has led to the need for this. In light of the fact that we just bailed out the banks, etc., I think they should show a little more respect to the people who financed the bailout. That would be all of us here in the great USofA!!

]]> By: -> Credit Card Accountability, Responsibility and Disclosure Act of 2009 (CARD) | Bible Money Matters http://www.mydollarplan.com/credit-cardholders-bill-of-rights-act-of-2009/#comment-8653 -> Credit Card Accountability, Responsibility and Disclosure Act of 2009 (CARD) | Bible Money Matters Fri, 29 May 2009 16:03:59 +0000 http://www.mydollarplan.com/?p=859#comment-8653 [...] Credit Cardholders’ Bill of Rights Act of 2009 [...]

[...] Credit Cardholders’ Bill of Rights Act of 2009 [...]

]]> By: New Credit Card Rules Edition of the Carnival of Debt Reduction | Prime Time Money http://www.mydollarplan.com/credit-cardholders-bill-of-rights-act-of-2009/#comment-8617 New Credit Card Rules Edition of the Carnival of Debt Reduction | Prime Time Money Tue, 26 May 2009 10:02:17 +0000 http://www.mydollarplan.com/?p=859#comment-8617 [...] presents Credit Cardholders’ Bill of Rights Act of 2009 posted at My Dollar [...]

[...] presents Credit Cardholders’ Bill of Rights Act of 2009 posted at My Dollar [...]

]]> By: Memorial Day Weekend Round Up- In Their Honor | Good Financial Cents by Jeff Rose Certified Financial Planner http://www.mydollarplan.com/credit-cardholders-bill-of-rights-act-of-2009/#comment-8611 Memorial Day Weekend Round Up- In Their Honor | Good Financial Cents by Jeff Rose Certified Financial Planner Sun, 24 May 2009 19:21:33 +0000 http://www.mydollarplan.com/?p=859#comment-8611 [...] My Dollar Plan provides another summary in her article Credit Cardholders’ Bill of Rights Act of 2009. [...]

[...] My Dollar Plan provides another summary in her article Credit Cardholders’ Bill of Rights Act of 2009. [...]

]]> By: * New Credit Card Legislation, CARD Act of 2009 Weekly Highlights http://www.mydollarplan.com/credit-cardholders-bill-of-rights-act-of-2009/#comment-8609 * New Credit Card Legislation, CARD Act of 2009 Weekly Highlights Sun, 24 May 2009 15:29:08 +0000 http://www.mydollarplan.com/?p=859#comment-8609 [...] in” to charge above their credit limit.My Dollar Plan provides another summary in her article Credit Cardholders’ Bill of Rights Act of 2009.Weekly [...]

[...] in” to charge above their credit limit.My Dollar Plan provides another summary in her article Credit Cardholders’ Bill of Rights Act of 2009.Weekly [...]

]]> By: Credit Cardholders’ Bill of Rights Act of 2009 http://www.mydollarplan.com/credit-cardholders-bill-of-rights-act-of-2009/#comment-8594 Credit Cardholders’ Bill of Rights Act of 2009 Fri, 22 May 2009 14:52:48 +0000 http://www.mydollarplan.com/?p=859#comment-8594 [...]  Credit Cardholders‘ Bill of Rights Act of 2009 [...]

[...]  Credit Cardholders‘ Bill of Rights Act of 2009 [...]

]]> By: Chris http://www.mydollarplan.com/credit-cardholders-bill-of-rights-act-of-2009/#comment-8582 Chris Thu, 21 May 2009 16:45:15 +0000 http://www.mydollarplan.com/?p=859#comment-8582 There is a lot of speculation that card companies will get rid of grace periods which only hurts their best customers. Given that I only use a charge card (ya everyone questioned why I pay for an Amex), it doesn't affect me but does anyone think that the most credit worthy customers won't adjust to changes in those tactics? Most will end up just using their debit cards so Visa and Mastercard will be the ones that benefit from that. For better or worse this does mean a step back to less people having credit cards in theory. Some how I don't think the 10 card issuers that hold 95% of all card balances will allow this to happen. There is a lot of speculation that card companies will get rid of grace periods which only hurts their best customers. Given that I only use a charge card (ya everyone questioned why I pay for an Amex), it doesn’t affect me but does anyone think that the most credit worthy customers won’t adjust to changes in those tactics?

Most will end up just using their debit cards so Visa and Mastercard will be the ones that benefit from that. For better or worse this does mean a step back to less people having credit cards in theory. Some how I don’t think the 10 card issuers that hold 95% of all card balances will allow this to happen.

]]> By: Economic Statistics From The Bush - Cheney Administration: Play Him Off, Keyboard Cat! http://www.mydollarplan.com/credit-cardholders-bill-of-rights-act-of-2009/#comment-8568 Economic Statistics From The Bush - Cheney Administration: Play Him Off, Keyboard Cat! Thu, 21 May 2009 02:01:27 +0000 http://www.mydollarplan.com/?p=859#comment-8568 [...] My Dollar Plan: Credit Cardholders’ Bill of Rights Act of 2009 [...]

[...] My Dollar Plan: Credit Cardholders’ Bill of Rights Act of 2009 [...]

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