Comments on: Credit Card Regulations Bill Passed By Congress http://www.moneycrashers.com/credit-card-regulations-bill-passed-by-congress/?utm_source=rss&utm_medium=rss&utm_campaign=credit-card-regulations-bill-passed-by-congress personal finance blog Sat, 21 Nov 2009 04:07:50 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: ashish sharma http://www.moneycrashers.com/credit-card-regulations-bill-passed-by-congress/comment-page-1/#comment-6566 ashish sharma Mon, 01 Jun 2009 17:12:26 +0000 http://www.moneycrashers.com/?p=820#comment-6566 Yes this will surely improve the Credit card system and innocent customers wil now have fair deal with them Yes this will surely improve the Credit card system and innocent customers wil now have fair deal with them

]]> By: Ester Ramirez http://www.moneycrashers.com/credit-card-regulations-bill-passed-by-congress/comment-page-1/#comment-6565 Ester Ramirez Thu, 28 May 2009 22:09:38 +0000 http://www.moneycrashers.com/?p=820#comment-6565 I agree the bank were taking advantage of consumers by their rediculous fees. However, I feel that it is going to hurt consumers now that the Credit Card companies will charge a yearly fee. Why pay a yearly fee to companies that already getting the interests which I may add are higher then God expects us to pay our tithe. Why would I be pay more to the credit companies and pay less to the Lord that has given us everything. I agree the bank were taking advantage of consumers by their rediculous fees. However, I feel that it is going to hurt consumers now that the Credit Card companies will charge a yearly fee. Why pay a yearly fee to companies that already getting the interests which I may add are higher then God expects us to pay our tithe. Why would I be pay more to the credit companies and pay less to the Lord that has given us everything.

]]> By: Mkcoy http://www.moneycrashers.com/credit-card-regulations-bill-passed-by-congress/comment-page-1/#comment-6562 Mkcoy Thu, 21 May 2009 08:26:06 +0000 http://www.moneycrashers.com/?p=820#comment-6562 I was just going to say what you said "banks will find a way to replace the revenue they will lose from the reduced interest rates". While we may very well see annual fees and less rewards cards. These things are all hype. Credit card issuers are not going to want to loose there customers or potential customers so will brain storm and come up with some other attractive rewards type card that has pros and cons. They will find a loophole in the new bill passed be senate. That is what they do. They will not loose money because of this. They will find alternative ways to make up for it. You mark my words. I was just going to say what you said “banks will find a way to replace the revenue they will lose from the reduced interest rates”.

While we may very well see annual fees and less rewards cards. These things are all hype. Credit card issuers are not going to want to loose there customers or potential customers so will brain storm and come up with some other attractive rewards type card that has pros and cons. They will find a loophole in the new bill passed be senate. That is what they do. They will not loose money because of this. They will find alternative ways to make up for it. You mark my words.

]]> By: Benjamin http://www.moneycrashers.com/credit-card-regulations-bill-passed-by-congress/comment-page-1/#comment-6561 Benjamin Thu, 21 May 2009 05:37:24 +0000 http://www.moneycrashers.com/?p=820#comment-6561 Credit card companies recently raised interest rate very much, long before we are niticed - and they said they didn't have to nitify us. Credit card companies recently raised interest rate very much, long before we are niticed – and they said they didn’t have to nitify us.

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