Tag Archives: Credit cards

Change We Can Believe In

Posted on July 17, 2012 at 1:30 pm by Bob Cesca

I’ve always thought it was corrupt and unfair that three unaccountable companies could each control our financial futures. So this is a step in the right direction: The Consumer Financial Protection Bureau said Monday that it will start supervising the … Continue reading →

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It's Your Money That You Earned

Posted on September 30, 2011 at 2:58 pm by Bob Cesca

Via John Cole, this should piss off everyone: Bank of America, the nation’s biggest bank, said on Thursday that it planned to start charging customers a $5 monthly fee when they used their debit cards for purchases. It was just … Continue reading →

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Quote of the Day

Posted on November 11, 2010 at 6:24 pm by Bob Cesca

“[I]n America, it’s far more shameful to owe money than it is to steal it.” Matt Taibbi Exactly right, and shamefully so.

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The Bad Credit Crisis

Posted on October 26, 2010 at 7:38 am by Bob Cesca

I don’t mind saying, the recession left me with a terrible credit rating. I won’t go into the gory details, but it’s bad. However, I’m certainly not alone. There hasn’t been enough attention paid to the fact that otherwise responsible … Continue reading →

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That Didn't Take Long

Posted on April 3, 2010 at 7:28 am by Bob Cesca

Tell your relatives this weekend: Days after President Obama signed the $938 billion bill into law, a cable television advertisement exhorted viewers to call an 800-number so they wouldn’t miss a “limited enrollment” period to obtain coverage available “now that … Continue reading →

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Healthcare By Credit Card

Posted on June 22, 2009 at 10:28 am by Bob Cesca

Quite possibly the most awful commercial on cable news right now is the one in which a woman explains how she had an asthma attack and the treatment cost $17,000. As if $17,000 for an asthma attack wasn’t obscene enough, … Continue reading →

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Headline of the Day

Posted on May 26, 2009 at 4:08 pm by Bob Cesca

Thank you, President Obama, for this: Credit Card Law Will Curb FreeCreditReport.com Ads Now, hopefully this will mean these awful commercials will go away. But there’s always a shot that we’ll get more commercials with the annoying singing guy followed … Continue reading →

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Taking on the Credit Cards

Posted on May 4, 2009 at 8:55 am by Bob Cesca

Senator Dodd’s version of the credit card bill will be voted on this week. His measure is even tougher than the House bill in restricting a card company’s power to boost interest rates on borrowers, offering protection to those behind … Continue reading →

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Shhhhh…

Posted on April 23, 2009 at 4:12 pm by Bob Cesca

Photo: Chip Somodevilla / Getty Images Someone grab a Sharpie and write TAHSSA on his forehead. Hurry! Good lord. And in a meeting with credit card executives no less.

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The Big Squeeze

Posted on February 1, 2009 at 9:01 am by JumpyPants

Collection phone calls from credit card companies are, of coure, on the rise. Which is hilarious because it’s the banks and financial institutions that helped to create this economic collapse and financial crunch in the first place. The squeeze goes … Continue reading →

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