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Alessandro Machi

Alessandro Machi
reginaldsalvador
Alessandro Machi scribbled: It is difficult navigating the article, my computer keeps locking up even though it is a relatively new mac. I saw the Bruce Springstein ad and the text says that the Cleveland rock and roll hall of fame is now open, that is why I thought this was an old article. Anyways, The AP has pretty much just proven that the credit card companies are destroying the worlds economies. http://bloggersagainstchasebank.blogs... Consumer Affairs has over a thousand Chase Bank protest letters in less than six months. http://www.consumeraffairs.com/credit... http://www.bloggersagainstchasebank.com http://www.daily-protest.com http://www.changeinterms.com

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from reginaldsalvador in Business & Law, Finance

http://zerohedge.blogspot.com/2009/0...

07/06/2009
Alessandro Machi
reginaldsalvador
Alessandro Machi scribbled: Forgive me if I am wrong, but this article is SEVERAL years old. The new curse is the almost one trillion dollars in consumer credit card debt. Our financial leaders may have it backwards. They think enslaving 10's of millions of americans with ultra high interest rates on their credit card debt is a good and profitable thing. The reality is there will be no real improvement in the economy until this almost trillion dollars in consumer debt is driven downward by use of incentive based credit card paydown programs. In the meantime, it is time to fight back against Chase Bank and their raising of the monthly minimum payment from 2% to 5% on their most trustworthy, never late paying customers. The banking industry seems to believe that people who have low interest credit card deals AND ARE PAYING THEM OFF, are actually toxic assets. It also appears to me that Chase Bank desires to either default or reject as many of their customers as quickly as possible. http://www.daily-protest.com

[ Untitled ]

from reginaldsalvador in Business & Law, Finance

http://zerohedge.blogspot.com/2009/0...

06/29/2009

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Alessandro Machi
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