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Article #54523Re: Credit cards are legalized theft
From: Jack
Date: Fri, 04 Feb 2011 00:05
Date: Fri, 04 Feb 2011 00:05
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1987 bytes
On 11-02-01 9:27 AM, in article 4d480a25$0$23808$c3e8da3$9b4ff22a@news.astraweb.com, "Fatty Arbuckle" <Fatty.Arbuckley@yahoo.com> wrote: > Does this mean those weasels are going to get to charge us 1-3% > more per transaction? > > http://www.ctv.ca/CTVNews/TopStories/20110131/visa-credit-card-competition-bur > eau-110131/ > > I got a statement the other day and it had the usual crap on it, > but two numbers jumped out at me. 19% interest for your balance and 24% > for something else -- not sure what you had to do to be blessed with the > 24%. I never paid them a cent of interest in my life (oh, they must > hate me!) Imagine -- 24% interest. Why use Visa? Borrow the money > from a Mafia loan shark. Probably cheaper and there is no paper trail... Most likely 19% purchases, and 24 for cash advances. And, no one is making you use it. If you don't like the terms, cut it up. It's not rocket science.
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X-Google-Thread: fbdd9,3a158e5d24369c8b X-Google-NewGroupId: yes X-Google-Attributes: gid48560ea9d0,domainid0,public,usenet X-Google-Language: ENGLISH,ASCII-7-bit Path: arc1-ca.pugleaf.net!g2news2.google.com!news1.google.com!border1.nntp.dca.giganews.com!border4.nntp.dca.giganews.com!border2.nntp.dca.giganews.com!nntp.giganews.com!npeer02.iad.highwinds-media.com!news.highwinds-media.com!feed-me.highwinds-media.com!post02.iad!news.aliant.net!not-for-mail User-Agent: Microsoft-Entourage/12.28.0.101117 Date: Thu, 03 Feb 2011 20:05:06 -0400 Subject: Re: Credit cards are legalized theft From: Jack <bigcletus@yahoo.com> Newsgroups: hfx.general Message-ID: <C970BAF2.9F48%bigcletus@yahoo.com> Thread-Topic: Credit cards are legalized theft Thread-Index: AcvD/y2k+/ICoEcP0Ea0Dbq16/mF5w== References: <4d480a25$0$23808$c3e8da3$9b4ff22a@news.astraweb.com> Mime-version: 1.0 Content-type: text/plain; charset="US-ASCII" Content-transfer-encoding: 7bit Lines: 25 NNTP-Posting-Host: 142.167.209.168 X-Complaints-To: abuse@aliant.net