Credit Card Burst pt 1/3

| November 16, 2010 | 25 Comments


EconomyCollapse.Blogspot.com for more http

Filed Under: UK Credit Cards

Comments

  1. jaysmic24 says:

    credit cards scare me it is a menacing evil snake. ive decided 1 yr ago im SO DONE with them, just paid off my very last payment ever to Chase. thank you GOD!

  2. blackmassus says:

    @archiebunkerfan
    True , God is Dead !.
    Btw there is no God…. its only a fairytale story.
    Btw 9/11 was the entry of the new Age.

  3. unytcommsys says:

    I got rid of cable years ago. As for a cell phone, I have a cell phone and terminated my land-line.

  4. labartic says:

    I would bet my ass those people had cable and two cell phones and a bunch of other shit they didnt NEED to have.

  5. archiebunkerfan says:

    EVIL 666 Rules this world NOT God !!!

  6. macpduff says:

    The credit card companies are preditors. They look at the indicators – run ups on balances by people who formerly had low balances and paid off the balance every month. When the balance goes up and the total is not paid off, it’s a signal that these peole can’t pay. Their economic situation has changed. The limits are lowered and the interest is raised because the companies know these people are now cash cows. Closing the account and applying for a hardship payoff is the only answer

  7. macpduff says:

    10 yrs ago, we had a job loss, major medical, business failure and lawsuits within a 6 mos period. We used our credit cards just to put food on the table and gas in the car for job interviews. If faced with hungry children or unpaid utilities, Americans WILL use their Cr Cds. Repayment is mos down the road. Hunger and cold are now! It’s like telling someone don’t jump out the window when the building is on fire. When you fall behind on the payments – they raise your interest and add penalties.

  8. riddler03 says:

    They’re losers and they want everyone else to feel sorry for them. Ain’t getting any sympathy from me.

  9. singledad1234 says:

    8000 to visa we owe

    SORRY VISA WE DONT GET BAILOUTS
    LIKE THE BANKS

    BYE BYE

  10. fungulotualatuarazza says:

    slavery never ended,they just changed the name

  11. airydiva says:

    I would tell the company to go to hell. They don’t care about us, so I wouldn’t give a shit abou them. Wait 7 years, it will disappear. Hold on families. Keep your head up and hold on to each other. Don’t believe the hype. You can survive without credit. People did it for years before there was such a thing.

  12. GaryNull says:

    This economy is not working and will not be able to for a long while. American is broke and there is nothing that can be done. There is going to be millions and millions of people like the ones in this video in the upcoming months/years.
    They want pity but that is not going to do shit. They are screwed. Unless they can raise a lot of cash or have people that can help them, there is nothing nobody can do. The riots are going to be starting soon.

  13. juneride says:

    I agree. They say we didn’t have another terrorist attack. MY ASS WE DIDN”T!!!
    We lost 4000 young men and 1 trillion dollars in Irak. And we purposely brought it upon ourselves.

  14. GaryNull says:

    The “war on terror” is a fucking scam.
    How can these people be so fucking stupid?
    They deserve what’s coming to them for believing the lying lowlife scum government.

  15. crosshugger says:

    Good for you.maybe you never lost a Job and already had debt.

  16. crosshugger says:

    it’s a sad day when you get in trouble for paying your bills.some people don’t pay them at all,you keep paying $20.00 as agreed when you got the card,they can take you to court and the judge will ask what can you afford to pay?answer what we agreed on.there are so many people who can’t pay and don’t these are hard times and the credit card companys will have to suck it up.if you don’t have any income there is nothing going out………..wheres our bailout

  17. unameitltd says:

    The couple shown like most americans play the sympathy card trying to show they are good people or vetrans and therefore bad debt things should not happen to them.

    Being a good person is irrevellent, this couple like most made bad life decisions, overspent and lived beyond their real income and savings.

    Live and overspend in risky debt, this is what can happen to you.

    Live below your means, save your money and it cant.

  18. truthsabre7 says:

    Valid points.

  19. truthsabre7 says:

    Agreed. However never count on a job till you have an offer letter. Then maybe you can move for that job.

  20. truthsabre7 says:

    Miss Warrens Book the “Two Income Trap” Excellent.

  21. gow75 says:

    the armed forces are cannon fodder as are the rest of us in this country..

  22. gow75 says:

    wht bugs me is that military dont have a clue what they are getting into. the elite own the military, they dont give a shit about the average miltary person only if your sucking there cock on a daily basis.

  23. hollywoodartchick says:

    “You can’t kick someone when they are down and expect them to cough up”

    I was in their position too, and it seemed that they just wanted to suck out as much money as possible via interest and over the limit fees before I disintegrated. They have to know that people can’t pay all that, but I think it is a way to inflate the value of the debt before bundling it and selling it in a bond to foreign investors. You fail on someone else’s account, not the bank’s.

  24. imikewillrockyou says:

    Whatever, it’s all unsecured debt. The dumb banks dont seem to realize its those poor people that HAVE THEIR MONEY. If the banks jacked my interest rate to 30% I would laugh in their face. I have good credit so I would just transfer the balance elsewhere. But if I didnt I would tell them get ready for another write down. Oh well, see ya. Oh and when the collector calls he will get a piece of mind too. Greedy banks, I don’t feel sorry for them at all.

  25. rblwoaclu says:

    money changers this is why they killed jesus he overturned the usury laws and over threw the jubilee laws like moses freed the slaves.their are none to redeem us out of the hands of egypt.beware of noahide laws which bush has installed.

Leave a Reply

Get Adobe Flash playerPlugin by wpburn.com wordpress themes