Archive for April, 2010
What can I do to help my sister with her credit problem?
x_y_z_012 asked:
My sister owes about altogether $32,000. She has gotten credit counceling through American Consumer Credit Counseling (ACCC) and she owes $23,000when they consalidated 3 credit cards. She owes a bank loan of $2,000. She owes another credit card $2300, She owes Sears $3200 and Mervyns $700. My dad’s offered to put all of it on his credit card but I am afraid she will never be able to pay that amount. She makes $23,000 a year and claims she cant find another higher paying job. Can she file for bankruptcy and if she does, what exactly does he need to do?
Kathy
My sister owes about altogether $32,000. She has gotten credit counceling through American Consumer Credit Counseling (ACCC) and she owes $23,000when they consalidated 3 credit cards. She owes a bank loan of $2,000. She owes another credit card $2300, She owes Sears $3200 and Mervyns $700. My dad’s offered to put all of it on his credit card but I am afraid she will never be able to pay that amount. She makes $23,000 a year and claims she cant find another higher paying job. Can she file for bankruptcy and if she does, what exactly does he need to do?
Kathy
Does the ‘Telephone Consumer Protection Act’ cover junk mail issues?
Posted by admin in Law & Ethics on April 1, 2010
hzairyarzms asked:
In other words, can a consumer sue a junk mailer (be it a bank, credit card company etc…) under the ‘Telephone Consumer Protection Act’?
Lois
In other words, can a consumer sue a junk mailer (be it a bank, credit card company etc…) under the ‘Telephone Consumer Protection Act’?
Lois
Pittsburgh Pirates Credit Card | Major League Baseball™ Extra Bases™ Mastercard
College Credit Builder asked:
The Pittsburgh Pirates official team logo can now be featured on the Major League Baseball™ Extra Bases™ Credit Card from Bank of America. (www.piratescreditcard.com ). This rewards credit card has proven to be a grand slam with fans and is scoring rave reviews in the rewards credit card industry. Like many retailers, airlines, and universities have done for years, Major League Baseball teams like the Pittsburgh Pirates are now being displayed on consumer credit cards. These baseball oriented credit cards are rapidly growing in popularity and are proving to be a hit with sports fans across the country.
The Major League Baseball™ Extra Bases™ Credit Card from Bank of America has valuable features, including:
• No annual fee.
• 0% introductory Annual Percentage Rate (APR) on balance transfers and cash advance checks for your first 12 billing cycles.
• Get an official MLB™ licensed jersey after your first qualifying transaction(s) using your MLB™ Extra Bases™ credit card.
• Earn 1 point for every net retail dollar spent redeemable for MLB™ autographed memorabilia, once-in-a-lifetime MLB™ experiences, cash rewards and travel with no blackout dates.
At a time when everyone’s nerves are frayed because of uncertainty in the stock market, illiquidity in the credit market and the softening real estate market, one thing remains constant – sports fans are crazy about Major League Baseball. Historically, baseball has given the public something to believe in and something to hope for, particularly in tough economic times. With the MLB™ Extra Bases™ credit card, Pirates fans can be reminded of their favorite team every time they take out their wallets. Real fans carry the card with pride. Visit www.piratescreditcard.com to complete the credit card application online in a few short minutes.
Sue
The Pittsburgh Pirates official team logo can now be featured on the Major League Baseball™ Extra Bases™ Credit Card from Bank of America. (www.piratescreditcard.com ). This rewards credit card has proven to be a grand slam with fans and is scoring rave reviews in the rewards credit card industry. Like many retailers, airlines, and universities have done for years, Major League Baseball teams like the Pittsburgh Pirates are now being displayed on consumer credit cards. These baseball oriented credit cards are rapidly growing in popularity and are proving to be a hit with sports fans across the country.
The Major League Baseball™ Extra Bases™ Credit Card from Bank of America has valuable features, including:
• No annual fee.
• 0% introductory Annual Percentage Rate (APR) on balance transfers and cash advance checks for your first 12 billing cycles.
• Get an official MLB™ licensed jersey after your first qualifying transaction(s) using your MLB™ Extra Bases™ credit card.
• Earn 1 point for every net retail dollar spent redeemable for MLB™ autographed memorabilia, once-in-a-lifetime MLB™ experiences, cash rewards and travel with no blackout dates.
At a time when everyone’s nerves are frayed because of uncertainty in the stock market, illiquidity in the credit market and the softening real estate market, one thing remains constant – sports fans are crazy about Major League Baseball. Historically, baseball has given the public something to believe in and something to hope for, particularly in tough economic times. With the MLB™ Extra Bases™ credit card, Pirates fans can be reminded of their favorite team every time they take out their wallets. Real fans carry the card with pride. Visit www.piratescreditcard.com to complete the credit card application online in a few short minutes.
Sue
Better off without ever having credit cards?
Neveahitallic asked:
Would the world have been better off financially without any consumer credit cards whatsoever? Imagine, a world without consumer credit.
@ quan: so you purchase a $70,000-$200,000 home with consumer credit cards alone (no bank loans whatsoever)?
Would the world have been better off financially without any consumer credit cards whatsoever? Imagine, a world without consumer credit.
@ quan: so you purchase a $70,000-$200,000 home with consumer credit cards alone (no bank loans whatsoever)?
@ RiderFan: that hurts the economy for everyone else =(
@chessmaster_ultra2004, fair enough about the credit – but inflation would have occured less if credit didn’t exist, and no one “has to” buy and live in a house for $400,000 if they can’t afford even half of that amount – but personally, I say they shouldn’t if they can’t afford 90% of the amount and credit cards should be treated the same way… no more than 10% of spending at most.
Bessie