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Posts Tagged ‘bad credit’

Recorded Phone conversation Capital One Credit Card Company

6.5 Minutes of a 25 minute phone conversation with a Capital One floor manager regarding high interest rate. It’s disheartening with today’s financial crisis that companies would dig deeper into customer’s pockets and think their going to profit in the long run. How can they not see the benefits through servicing the customers needs? “Invest in the customer and they will invest in you” Who stands to profit more if one person defaults: The credit company at 18% with 50 customers or the credit card company at 9% with 100 customers? Common Sense and Logic !

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Bankruptcy:: Sad stories, desperate debtors – Omaha World-Herald

Bankruptcy:: Sad stories, desperate debtors
Omaha World-Herald, NE
Bankruptcies will not clear certain debts, such as alimony, child support, most student loans, some federal income taxes and all employer withholding taxes. Lost jobs. Credit cards. Freeloading relatives. Bad decisions (using retirement funds to catch

Source:Bankruptcy:: Sad stories, desperate debtors – Omaha World-Herald

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A tale of a debt binge, told by a man who knew better – Los Angeles Times


Village Voice
A tale of a debt binge, told by a man who knew better
Los Angeles Times, CA
A 20 years out-of work woman was going to find a job for over $70000 in order to raise their real income to the point where it could cover the mortgage if they cut up the credit cards and stopped the buying at J Crew and Starbucks?
Queasy like Sunday morning: 'Times Magazine' brings the pain on WalletPop
all 16 news articles

Source:A tale of a debt binge, told by a man who knew better – Los Angeles Times

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Mexico's Banamex Sees Signs Bad Consumer Debt Is Stabilizing – Wall Street Journal

Mexico's Banamex Sees Signs Bad Consumer Debt Is Stabilizing
Wall Street Journal
Mexican banks have been stung by rising levels of bad consumer debt since 2007 due in part to lax lending standards earlier in the decade that saw millions of credit cards distributed to low-income consumers. Zorrilla said the bank hasn't observed any

Source:Mexico's Banamex Sees Signs Bad Consumer Debt Is Stabilizing – Wall Street Journal

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Queasy like Sunday morning: 'Times Magazine' brings the pain on … – WalletPop


Village Voice
Queasy like Sunday morning: 'Times Magazine' brings the pain on
WalletPop, VA
The New York Times Magazine. The New York Times Magazine's Money Issue. The glance at the table of contents. The flipping ahead. The credit and credit cards. The ballooning debt. The inevitable bankruptcy. The creeping dread. The moist paranoia.
A tale of a debt binge, told by a man who knew better Los Angeles Times
all 14 news articles

Source:Queasy like Sunday morning: 'Times Magazine' brings the pain on … – WalletPop

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