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CREDIT CARD COBWEB CUNNING

March 8th 2010 23:31
Yes, once again, with the recent changes in United States laws
regarding credit card companies, many of them are trying to
circumvent the written legalese through cunning, yet subtle
ways. Like the cobwebs in your abode, they seem harmless
enough, yet they have the ability to capture the unwary nano
scale organism.....and as far as credit card companies go
folks, we, the consumer are that nanoscale organism ripe
for the devouring.

Here's the latest crafty change to Kohl's ( a U.S. chain
store operation) coming to you verbatim from the crafty keyboard
of one, Troy A. Carrothers, an alleged, " senior vice president."


It's up to you and of course, your legal team to find the cobwery
traps inherent in the following trap:

"We are writing to inform you about changes to your Account that
will be effective February 21, 2010. These changes apply to the
variable Annual Percentage Rates (APRs) on your account ( e.g.
standard, or penalty) that have a minimum APR. This means that
such APRs generally vary with the market based on the Prime Rate.

Please keep this notice as it amends your Cardmember Agreement.
Your other Account terms remain in effect.

If you have any questions, please contact us. It will be our pleasure to
assist you."

Thank you Troy buddy for that rather mouthful of verbage.
Tell us "Troy," short for perhaps "Trojan Horse?" How many consumers
do you expect to Bernie Madoff out of their hard-earned dollars?
21
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CHASE BANK SLEIGHT-OF-WORDS ACT

March 3rd 2010 22:30
As many of you fellow credit card holders know, your issuing
bank is constantly trying to slip another scam by you. Here's
the latest epistle from the pen of Chase Bank's "Executive
Vice President Customer Experience."

How do you like that deceptive, grand sounding corporate
title for someone who is trying to fleece you? VP for
Customer Experience. Oh please.

Here's Chase Bank's Customer Experience Shylock coming
to you in her own written words:

"We are writing to inform you about changes to your Account
that will be effective February 21, 2010. These changes apply

to any variable Annual Percentage Rate on your account that
has a minimum APR as described below. No other APRs on your
Account will be affected by these changes.

You have one or more variable APRs on your Account at the floor
because the variable rate index the Prime Rate plus the margin for
that APR is lower than that floor. As of February 21, we will convert
any such rate to a non-variable APR that is equal to the floor rate.
The converted APR will no longer vary with the market based on
the Prime Rate or any other variable rate index.

You may also have one or more other variable APRs on your Account
that are at or above the floor because the variable rate index plus the
margin for that APR is equal to or greater than the floor. As of February
21, we will remove the floor for those variable APRS. Any such APR will
remain variable and will continue to vary with the market based on the
Prime Rate or any other variable rate index that is associated with that
APR.

Please keep this notice as it amends your Account Agreement. Your
other Account terms remain in effect."

How do you like them rotten apples? Here's the challenge for those
without an advanced degree in economics or law--count the ways
Chase Bank can screw the cardholder.

The above epistle was penned by a bankster going by the moniker
of "Deb Walden." A graduate of the Bernie Madoff school of banking
perhaps?
21
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STOCK UP NOW FOR NEXT VALENTINE'S DAY

February 18th 2010 12:20
As frugal market contrarians, we recommend that everyone who
anticipates giving a Valentine's Day gift next year, to stock up
now for next year.

Right now, all those big box stores, supermarkets, pharmacy chains
and card stores out there in retail land want to move all their
Valentine's Day themed products out the door. That of course
means sale prices of up to 75 percent off of what you would
have paid last week.

Flowers of course ate perishable and out of the bargain hunters'
equation but candy, cards, and assorted V-Day paraphernalia
are in play.

The best place to store chocolate candy is in the freezer for the
long-term, lacking that, a cool place out of direct sunlight will do.

Have fun reaping the V-Day bargains on store shelves this week.
Consider it an investment not only in saving money you anticipate
spending in the future but an investment in your relationship with the
special someone in your life as well.
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SAVE ON VALENTINE'S DAY

February 11th 2010 22:49
Valentine's Day is a mere two days away and your special
someone is expecting to be gifted with something, sincerely
heartfelt. Retailers, florists, & restauranteurs are counting on


[ Click here to read more ]
11
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CUT CELL PHONE CHARGES

February 9th 2010 12:28
Let's face it the cell phone business is a racket, one loaded
with "gotcha" charges. What's the captive overcharged
consumer to do


[ Click here to read more ]
21
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JOIN AN ENTHUSIASTS CLUB TO SAVE

February 1st 2010 12:38
One of the best ways to cut the costs of engaging in hobbies
and recreational activities is to join an enthusiasts club. Clubs
have the buying clout to negotiate lower prices on products


[ Click here to read more ]
34
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THE GREAT GASOLINE PRICE GAME

January 22nd 2010 12:42
Ever notice that the price of gasoline tends to rise in spurts
and drop back down a few weeks later? To minimize your
average cost per gallon it pays to tune into these prize waves


[ Click here to read more ]
15
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SAVE ON U.S. POSTAGE

January 11th 2010 19:15
Had it with the ever increasing price of U.S. postage stamps.
It seems that every couple of years, the clowns who run the
U.S. Postal Service want to hit consumers up for a rate


[ Click here to read more ]
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START XMAS SHOPPING TODAY

January 7th 2010 12:22
Today is the day to start shopping for Xmas, that is if you'd like to
save major money. This week, many retail chain stores throughout
the world have slashed prices on Christmas specific products in hopes


[ Click here to read more ]
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SAVE ON LOTTERY TICKETS

December 31st 2009 12:03
For those of us who are regular players of government run
lotteries, the idea is to win while spending the least amount of
money. Right


[ Click here to read more ]
16
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