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9 best credit-related posts from this weekLast week, I posted my favorite credit card posts from the blogosphere. It got a great response, so I've decided to do a weekly roundup in the same format. Here are the best I found this week. 5) BigSnit.com gives consumers the heads-up about a new online security mechanism MasterCard and HSBC are using. It is meant to add extra protection to online purchases, but can easily be mistaken for a phishing attempt. 4 Comment(s)Leave a comment |
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They're the pieces of plastic we love, and love to hate. Get the latest news, tips, research and more from the CreditCards.com staff.
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Thanks for the mention!
can you imagine your mom messing up your credit when you were a child and know that your all grown up your credit is messed up.
Is there a place where consumers can post their complaints about credit card companys scams so others won't be tricked as I was?
Credit card companys can change their intrest rate from time to time,and I understand this, but to raise from a 7% to a 21% for no reason sounds almost like fraud, I could never get away with this in my business.
Advanta did just that without any good explanation and it's not just me others have mentioned Advanta as a problem credit card by changing their rates as soon as you develop a balance.
In the past I would refer Advanta to many other businesses as a good card, easy to manage employee cards, good rates, but now I feel I should warn others of the trickery that these bad credit card companys are doing.
Some companys will work with you to find a reasonable rate and also try to keep your business, but I did not find that with Advanta.
I am looking for a place to list what I call the good credit card companys verses the bad credit card companys so that consumers won't be tricked into signing up with these bad companys.
Chris,
Yes, you can complain about credit card companies to the The Federal Reserve Board. Go to this link: http://www.federalreserve.gov/pubs/shop/complaints.htm. That will tell you exactly what to do. I hope this helps!
Emily