horn12007

Mar 3 2012, 10:44 PM

Are you taking about annualcreditreport.com? Yes the report is free off that website but the score isnt.

Anyways i guess we will just have to disagree about paying them off because everything i have read and experienced is different.

But either way if you pay it off relatively quick it is good.
We can all agree that you cant let credit cards go

HelterSkelter

Mar 3 2012, 10:56 PM

No I'm talking about the scores. You can get them from the 3 bureaus for free once a year. I got all 3 of mine a few days ago. Free. 683 683 700, those are what they gave me.

Experian
Equifax
Transunion

Those are the bureaus. Don't go to one of those third party sites.

Cobb

Mar 4 2012, 07:58 AM

Since you are not disclosing if you do or do not have good credit, you seem unwilling to get credit else where to transfer your debt, the only other suggestion I can give you is to file a compliant with the BBB and comptroller for your state against your bank.

nerys

Mar 4 2012, 04:48 AM

The problem is the "contracts" (they are not really contracts they are "terms" since you have NO negotiating power in those terms) are specifically written to be difficult to understand.

Do I understand them now? you betcha. Did I understand them or "CARE" when I was 17? no.

Did it MATTER when paying a critical bill or losing a home was at stake? No.

The problem is the usurious laws are OUTSIDE of what people consider sane and logical.

Most people assume they have to "do something wrong" to be penalized. Most people assume (and for the most part CORRECTLY SO) that they bank can't just "changes the terms" anytime they please retroactively. in fact it used to be illegal.

if you charge $4000 at 9% with the full knowledge that you CAN honor that agreement at 9%

OK you now have an agreement.

If the card company decides OK we now want to charge you 32% this is ALSO FINE I can now decide to continue to "use it" at 32% or STOP using it and pay off what I owe at the agreed upon 9%

that is in fact how they work today. the way people had always assumed they worked.

the problem is 2 years ago they could can and DID

now listen to this carefully

RETROACTIVELY alter the terms of your agreement. Effectively NULLIFYING the agreement THEIR IS NO AGREEMENT any longer. the agreement is literally "anything they wish" at any time they wish including "last year"

this is immoral. this USED to be criminal. THIS IS WHAT LOAN SHARKING LAWS were made for. You're not supposed to be able to say OK I loan you this at this rate

and then AFTER you spent what you borrowed and can not "undo" what you did. OK sorry changed my mind now you owe this rate.

yet that is precisely what these credit card companies did.

They did not see a dip in my score and then raise me to 32%

they raised me to 32% at which point I told them to go F OFF and "THEN" my score dipped.

when I asked why? they said "because we can" (and that is a quote)

the DEBT is my fault. NO question there. You are wasting your breath telling me that as I don't contest that FACT.

what is NOT my fault is "RETROACTIVELY" rigging the game to LITERALLY prevent me from paying down the debt.

THAT is 100% their fault.

This is why they fought congress to get a 1 year delay in activating the card act. so they could retroactively increase the interest rates on any accounts where the users are unlikely to be able to "pay off" before the activation date of the new law.

100% criminal.

I am sorry I am not trying to be mean but if you don't understand and agree with that YOU ARE PART OF THE PROBLEM.