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Mar 03 2010

Blumenthal: Fed Misses Critical Deadline To Roll Back Credit Rates, Fees By KENNETH R. GOSSELIN The Hartford Courant Even as a sum of new protections for credit card users went into effect last Monday, the state attorney general disparage a ke

Mar 03 2010
update new credit card regulations allow room for maneuvering
UPDATE: New Credit Card Regulations Allow Room For Maneuvering By Meena Thiruvengadam Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--The credit card game rules have officially changed thanks to new credit card regulations, effective Monday,

Mar 03 2010
Report: Interchange Fees Obstructs Economic Growth, Job Creation
Report: Interchange Fees Obstructs Economic Growth, Job Creation By Linda Lisanti INDIANAPOLIS -- Less than 20% of the interchange fees charged by credit card companies actually includes the cost of processing transactions, according to a rece

Feb 25 2010
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Be A Smart Credit Card User •Read the terms and conditions of your card. "The Credit Card Act is there to protect consumers," said Bruce McClary, ClearPoint Credit Counseling Solutions spokesman. "But the responsibility is still in the hands of th

Feb 25 2010
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CREDIT CARD ACT TERMS OF THE NEW CREDIT CARDS REGULATIONS 10 things that credit-card issuers can still perform with proper notice: * Alter your fixed-rate card to variable. * Increase your Annual Percentage Rate on future purchases. * Rais

Feb 25 2010
CREDIT CARD TRICKS take out cash
CREDIT CARD TRICKS By Kate Mansey 50 percent extra to take out cash Credit card companies are utilizing crafty tricks to rip off customers - as shock numbers show Britons owe Ł54.5 billion to our "flexible friends". A Sunday Mirror inves

Feb 23 2010
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Build Good Credit Without Credit Cards When you are trying to build a good credit history, one often repeated piece of advice is to get a couple of credit cards and pay them off promptly. Credit cards are not the only way to skin the credit cat, t

Feb 23 2010
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Interest Rate Summary Credit Cards Here is a look at the state of credit card rates from the weekly national survey of large banks and thrifts conducted Feb. 17, 2010 by Bankrate.com Rates: 13.39% (all fixed); 13.63% (all variable) Credit c

Feb 21 2010
clouds parting over credit card troubles
Clouds Parting Over Credit Card Troubles Kelsey Swanekamp, With joblessness still hovering at 10 percent and household budget under pressure, credit card issuers and lenders are still taking profits from their loans to consumers. Developmen

Feb 21 2010
credit card chargeoffs still troubling
Credit Card Charge-Offs Still Troubling February 17, 2010 by Staff Credit card charge-offs – or loans assumed uncollectible and written off – edged higher in January as reported by the major card issuers, although there is some positive expe

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Blog Post Date: Oct 20 2005

That would be interesting if credit card companies had to put health warnings on the back of their credit cards.

WARNING: USING THIS CREDIT CARD CARRIES THE FOLLOWING HEALTH / LIFESTYLE RISKS:

Suicide
Depression
Anxiety attacks
Marital separation
Marital Divorce
Over stress
Sleepless nights
Over working
Bankruptcy
USE THIS CREDIT CARD AT YOUR OWN RISK

People think of financial maturity like health food. "That's old fashioned, we have new ways in the year 2005." People rely on medicines that are developed to cure problems that have cropped up in our 21st century, because of our current lifestyle.

In the beginning, when God created Adam and Eve, they had a pretty simple life style. Adam and Eve didn't have credit cards, ipods, electronics of all types, BMW's. They weren't bombarded by advertising. They couldn't have lived our current North American lifestyle if they wanted to.

People look on credit and consumerism as the lifestyle, because it's relatively new and exciting. They're not looking at the risks associated with this lifestyle.

In my opinion, "NO, IT'S NOT OK TO GET DIVORCED OR SEPARATED BECAUSE OF DEBT / MONEY PROBLEMS!" It's not really ok to have prolonged arguments between spouses because of the pressure that debt puts you under. Especially if the debt was caused by irresponsible spending. ie.. if you don't need what you purchase and it's going to cause fights later on... that's irresponsible spending. Don't buy it!

There should be more discussion in the market place about the risks of credit usage. Clinical studies of what happens when you owe way more than you're able to pay back in the next 20 years. They can be just as deadly and serious as some other types of activities.

Here's a site that I found when searching for "clinical studies" people in debt on google.com

Articles from October 2005
More articles from Year 2005

Comments (3)


Credit Card Blog Canadian Financial Blog Canadian Credit Blog Mar 03 2010 Blumenthal: Fed Misses Critical Deadline To Roll Back Credit Rates, Fees By KENNETH R. GOSSELIN The Hartford Courant Even as a sum of new protections for credit card users went into effect last Monday, the state attorney general disparage a ke Mar 03 2010 update new credit card regulations allow room for maneuvering UPDATE: New Credit Card Regulations Allow Room For Maneuvering By Meena Thiruvengadam Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--The credit card game rules have officially changed thanks to new credit card regulations, effective Monday, Mar 03 2010 Report: Interchange Fees Obstructs Economic Growth, Job Creation Report: Interchange Fees Obstructs Economic Growth, Job Creation By Linda Lisanti INDIANAPOLIS -- Less than 20% of the interchange fees charged by credit card companies actually includes the cost of processing transactions, according to a rece Feb 25 2010 Be A Smart Credit Card User Be A Smart Credit Card User •Read the terms and conditions of your card. "The Credit Card Act is there to protect consumers," said Bruce McClary, ClearPoint Credit Counseling Solutions spokesman. "But the responsibility is still in the hands of th Feb 25 2010 terms of the new credit cards regulations CREDIT CARD ACT TERMS OF THE NEW CREDIT CARDS REGULATIONS 10 things that credit-card issuers can still perform with proper notice: * Alter your fixed-rate card to variable. * Increase your Annual Percentage Rate on future purchases. * Rais Feb 25 2010 CREDIT CARD TRICKS take out cash CREDIT CARD TRICKS By Kate Mansey 50 percent extra to take out cash Credit card companies are utilizing crafty tricks to rip off customers - as shock numbers show Britons owe Ł54.5 billion to our "flexible friends". A Sunday Mirror inves Feb 23 2010 Build Good Credit Without Credit Cards Build Good Credit Without Credit Cards When you are trying to build a good credit history, one often repeated piece of advice is to get a couple of credit cards and pay them off promptly. Credit cards are not the only way to skin the credit cat, t Feb 23 2010 interest rate summary credit cards Interest Rate Summary Credit Cards Here is a look at the state of credit card rates from the weekly national survey of large banks and thrifts conducted Feb. 17, 2010 by Bankrate.com Rates: 13.39% (all fixed); 13.63% (all variable) Credit c Feb 21 2010 clouds parting over credit card troubles Clouds Parting Over Credit Card Troubles Kelsey Swanekamp, With joblessness still hovering at 10 percent and household budget under pressure, credit card issuers and lenders are still taking profits from their loans to consumers. Developmen Feb 21 2010 credit card chargeoffs still troubling Credit Card Charge-Offs Still Troubling February 17, 2010 by Staff Credit card charge-offs – or loans assumed uncollectible and written off – edged higher in January as reported by the major card issuers, although there is some positive expe Blog by Topic (Tags) Low Interest Bad Credit American Express Business Credit Cards Low Interest Cards Credit Cards - General Advanta Credit Cards Advertising & Marketing Prepaid Credit Cards Visa Credit Cards Cash Back Credit Cards Reward Cards March 2010 February 2010 April 2009 March 2009 December 2007 November 2007 October 2007 August 2007 July 2007 April 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 June 2006 May 2006 April 2006 March 2006 February 2006 January 2006 December 2005 November 2005 October 2005 September 2005	Credit Card Blog & Article Area Link Back to This Post Market, Advertising, Need, Google, Ctr Blog Post Date: Oct 20 2005 That would be interesting if credit card companies had to put health warnings on the back of their credit cards. WARNING: USING THIS CREDIT CARD CARRIES THE FOLLOWING HEALTH / LIFESTYLE RISKS: Suicide Depression Anxiety attacks Marital separation Marital Divorce Over stress Sleepless nights Over working Bankruptcy USE THIS CREDIT CARD AT YOUR OWN RISK People think of financial maturity like health food. "That's old fashioned, we have new ways in the year 2005." People rely on medicines that are developed to cure problems that have cropped up in our 21st century, because of our current lifestyle. In the beginning, when God created Adam and Eve, they had a pretty simple life style. Adam and Eve didn't have credit cards, ipods, electronics of all types, BMW's. They weren't bombarded by advertising. They couldn't have lived our current North American lifestyle if they wanted to. People look on credit and consumerism as the lifestyle, because it's relatively new and exciting. They're not looking at the risks associated with this lifestyle. In my opinion, "NO, IT'S NOT OK TO GET DIVORCED OR SEPARATED BECAUSE OF DEBT / MONEY PROBLEMS!" It's not really ok to have prolonged arguments between spouses because of the pressure that debt puts you under. Especially if the debt was caused by irresponsible spending. ie.. if you don't need what you purchase and it's going to cause fights later on... that's irresponsible spending. Don't buy it! There should be more discussion in the market place about the risks of credit usage. Clinical studies of what happens when you owe way more than you're able to pay back in the next 20 years. They can be just as deadly and serious as some other types of activities. Here's a site that I found when searching for "clinical studies" people in debt on google.com Articles from October 2005 More articles from Year 2005 Comments (3)
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