Comments on: Fed Finalizes ‘Milestone’ Credit Card Reform Rules http://ecreditdaily.com/2010/01/fed-finalizes-milestone-credit-card-reform-rules/ Wed, 08 Feb 2012 08:45:41 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Why Americans Hate Credit Card Companies | Business News, Advices, Quotes http://ecreditdaily.com/2010/01/fed-finalizes-milestone-credit-card-reform-rules/comment-page-1/#comment-3788 Why Americans Hate Credit Card Companies | Business News, Advices, Quotes Tue, 06 Jul 2010 17:03:30 +0000 http://ecreditdaily.com/?p=1466#comment-3788 [...] their rush to slap on unannounced new fees and make generally unwarranted rate hikes before the Credit Card Accountability Responsibility and Disclosure Act of 2009 went into full effect and restricted their ability to do so quite so wantonly, the credit card [...] [...] their rush to slap on unannounced new fees and make generally unwarranted rate hikes before the Credit Card Accountability Responsibility and Disclosure Act of 2009 went into full effect and restricted their ability to do so quite so wantonly, the credit card [...]

]]> By: Dean http://ecreditdaily.com/2010/01/fed-finalizes-milestone-credit-card-reform-rules/comment-page-1/#comment-2438 Dean Mon, 26 Apr 2010 15:29:10 +0000 http://ecreditdaily.com/?p=1466#comment-2438 the major players in this game will always be the lenders, You can call it what you will Its still a shell game, the major players in this game will always be the lenders, You can call it what you will Its still a shell game,

]]> By: Joe Bundura http://ecreditdaily.com/2010/01/fed-finalizes-milestone-credit-card-reform-rules/comment-page-1/#comment-927 Joe Bundura Wed, 17 Feb 2010 19:50:39 +0000 http://ecreditdaily.com/?p=1466#comment-927 Just a note I dropped off to my credit card company. Dear Capital One, It is unbelievable the sheer audacity of you to contact me regarding making a "Balance Transrer" to my credit card amount. I was a loyal customer for over 15+ years, had balances in the high $10-$15, K always made my payments. The economy changes, and I am 3 days late on a payment. 3 days! Not 30 ,60, days, three dammed days. Now instead of placing a value on your long term clients, you send me a notice that I have 30 days to pay off a $6K balance and accept the chance in my interest rate from 4.5% to 34% just because you can make this big money grab before the law changes. I now have to get another card, pay more interest because of the way you treated me,and now you want me to give you more money? You are out of your Dammed mind. As soon as I have my auto deductible accounts changed, I will never use my card again. Bank of America treated me poorly several times, as a business owner, until their rudeness got to me So be it. I have not used B of A for over 29 years now. I am a Real Estate agent and Get a pre approved clients with B of A , I go out of my way to find them a better finance deal. I have a fiduciary duty to my clients, and I notify my clients of their behaviour in the past, how difficult they are to work with, which usually means we look at other properties not owned by B of A. Capital One in now on my list. Congratulations. The entire banking industry thinks you can just treat their customers as you wish. It is your business, you can do as you please, but ladies and gentlemen, we can do the same. Your success depends on our money. Do I believe my actions will change you, or B of A's actions. Probably not, but I sleep better at night, knowing I did something positive. I have no idea how much business I have diverted, but I do the best I can, and share with others my disapproval in hopes it will at least plant the seed, so when businesses like yours, disappoint them, as I know you will, it's just a matter of time, maybe they will remember me, and start their own small revolution. In days and demographics like now, more and more people are retiring, so we have a lot of time on our hands, and can always use a new conversation starter. Can you imagine what we tell our kids and grand kids as they move into the banking part of their lives. I welcome you, Capital One, to my personal act of defiance. You are on my shit list. Please refrain from sending me any more of your "New Ideas" It only refreshes my memory and resolve. Sincerely Joe Bundura Former Card Holder Just a note I dropped off to my credit card company.
Dear Capital One,
It is unbelievable the sheer audacity of you to contact me regarding making a “Balance Transrer” to my credit card amount.
I was a loyal customer for over 15+ years, had balances in the high $10-$15, K always made my payments. The economy changes, and I am 3 days late on a payment. 3 days! Not 30 ,60, days, three dammed days. Now instead of placing a value on your long term clients, you send me a notice that I have 30 days to pay off a $6K balance and accept the chance in my interest rate from 4.5% to 34% just because you can make this big money grab before the law changes.

I now have to get another card, pay more interest because of the way you treated me,and now you want me to give you more money? You are out of your Dammed mind.

As soon as I have my auto deductible accounts changed, I will never use my card again.

Bank of America treated me poorly several times, as a business owner, until their rudeness got to me So be it. I have not used B of A for over 29 years now. I am a Real Estate agent and Get a pre approved clients with B of A , I go out of my way to find them a better finance deal. I have a fiduciary duty to my clients, and I notify my clients of their behaviour in the past, how difficult they are to work with, which usually means we look at other properties not owned by B of A.

Capital One in now on my list. Congratulations. The entire banking industry thinks you can just treat their customers as you wish. It is your business, you can do as you please, but ladies and gentlemen, we can do the same. Your success depends on our money.

Do I believe my actions will change you, or B of A’s actions. Probably not, but I sleep better at night, knowing I did something positive. I have no idea how much business I have diverted, but I do the best I can, and share with others my disapproval in hopes it will at least plant the seed, so when businesses like yours, disappoint them, as I know you will, it’s just a matter of time, maybe they will remember me, and start their own small revolution. In days and demographics like now, more and more people are retiring, so we have a lot of time on our hands, and can always use a new conversation starter. Can you imagine what we tell our kids and grand kids as they move into the banking part of their lives.

I welcome you, Capital One, to my personal act of defiance. You are on my shit list.

Please refrain from sending me any more of your “New Ideas” It only refreshes my memory and resolve.

Sincerely

Joe Bundura
Former Card Holder

]]> By: Federal Credit Card Legislation Goes in Effect Next Month! http://ecreditdaily.com/2010/01/fed-finalizes-milestone-credit-card-reform-rules/comment-page-1/#comment-632 Federal Credit Card Legislation Goes in Effect Next Month! Fri, 15 Jan 2010 15:56:43 +0000 http://ecreditdaily.com/?p=1466#comment-632 [...] Fed Finalizes ‘Milestone’ Credit Card Reform Rules | ecreditdaily.com [...] [...] Fed Finalizes ‘Milestone’ Credit Card Reform Rules | ecreditdaily.com [...]

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