AOPA credit card --- WARNING.

In a previous article, "RS" said:
If you have an AOPA/MBNA credit card then you should check the APR on your
last statements. MBNA has been raising the APR on AOPA cardholders, even if
you pay on time.

Anybody who carries a balance on any credit card is an idiot or a sucker.
The credit card companies hate me because I haven't paid a cent of
interest to any of them in 3 years. I get about 5 envelopes full of Visa
checks every month (as well as come-ons for new cards) because they want
to sucker me into that debt cycle.

--
Paul Tomblin http://xcski.com/blogs/pt/
Microsoft - Where quality is job 1.0.1

"Paul Tomblin" wrote in message
...
In a previous article, "RS" said:
If you have an AOPA/MBNA credit card then you should check the APR on
your
last statements. MBNA has been raising the APR on AOPA cardholders, even
if
you pay on time.

Anybody who carries a balance on any credit card is an idiot or a sucker.

snip

Or isn't as wealthy or well off financially as you are...


---
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"Chuck" wrote in message
. com...

"Paul Tomblin" wrote in message
...
In a previous article, "RS" said:
If you have an AOPA/MBNA credit card then you should check the APR on
your
last statements. MBNA has been raising the APR on AOPA cardholders, even
if
you pay on time.

Anybody who carries a balance on any credit card is an idiot or a sucker.

snip

Or isn't as wealthy or well off financially as you are...

I'm with Paul. If you can't afford to pay off the balance at the end of
the month, then you can't afford to use the card in the first place.

"Casey Wilson" wrote in message
news:FUppd.10488$1B2.4184@trnddc02...

I'm with Paul. If you can't afford to pay off the balance at the end
of the month, then you can't afford to use the card in the first place.

Are you a supporter of legalized loan sharking? Because that is what I think
MBNA is doing. Not to mention that MBNA has surpassed Enron as the biggest
contributor to George Bush. It's all good, move along folks, nothing to
worry about...

http://www.delawareonline.com/newsjo.../0312200a.html

The Fed rates have gone up so so should retail credit rates.

"RS" wrote in message
news:%Cqpd.97927$5K2.50864@attbi_s03...
"Casey Wilson" wrote in message
news:FUppd.10488$1B2.4184@trnddc02...

I'm with Paul. If you can't afford to pay off the balance at the end
of the month, then you can't afford to use the card in the first place.

Are you a supporter of legalized loan sharking? Because that is what I
think MBNA is doing. Not to mention that MBNA has surpassed Enron as the
biggest contributor to George Bush. It's all good, move along folks,
nothing to worry about...

http://www.delawareonline.com/newsjo.../0312200a.html

"Daniel L. Lieberman" wrote in message
...
The Fed rates have gone up so so should retail credit rates.

Answer the question: Have fed rates gone up 4%?
No... Not even close. So there is no interest rate based justification for
such a rate hike.

"RS" wrote in message Answer the question: Have fed rates gone up 4%?
No... Not even close. So there is no interest rate based justification for
such a rate hike.

The USA is a corporation. It is governed largely by corporate style law. You
and your name are considered a corporation. You signed your name to a
corporate instrument called a credit card agreement. No one forced you to
sign it. That's all the justification that is needed.

Instead of ranting about falling prey to your own signature in a nasty
negative post, how about spreading the word that people are accountable for
the documents they sign and therefore should be careful to read and
UNDERSTAND all the details involved before signing?

Most of the readers in this group are of average intelligence (some think
they're smarter :-)). They understand that credit card lenders draw suckers
in with low interest rates and then jack it up when the balances climb. If
you can't see the scheme, and you won't hold yourself personally accountable
for the agreement you signed, perhaps this is the wrong group for you.
Ranting about a lack of justification is falling on deaf ears.

D.

And, I don't believe retail credit rates were lowered anywhere near
proportionally to the fed rates when they were declining.

RS wrote:
"Daniel L. Lieberman" wrote in message
...

The Fed rates have gone up so so should retail credit rates.


Answer the question: Have fed rates gone up 4%?
No... Not even close. So there is no interest rate based justification for
such a rate hike.

"RS" wrote in message
news:%Cqpd.97927$5K2.50864@attbi_s03...
"Casey Wilson" wrote in message
news:FUppd.10488$1B2.4184@trnddc02...

I'm with Paul. If you can't afford to pay off the balance at the end
of the month, then you can't afford to use the card in the first place.

Are you a supporter of legalized loan sharking? Because that is what I
think MBNA is doing. Not to mention that MBNA has surpassed Enron as the
biggest contributor to George Bush. It's all good, move along folks,
nothing to worry about...

Nothing in my post warranted your response. I'll put it this way, if
you don't like what they offer, close your account. MBNA isn't holding a gun
to your head. Sheesh!

Casey Wilson wrote:

"RS" wrote in message
news:%Cqpd.97927$5K2.50864@attbi_s03...

"Casey Wilson" wrote in message
news:FUppd.10488$1B2.4184@trnddc02...

I'm with Paul. If you can't afford to pay off the balance at the end
of the month, then you can't afford to use the card in the first place.

Are you a supporter of legalized loan sharking? Because that is what I
think MBNA is doing. Not to mention that MBNA has surpassed Enron as the
biggest contributor to George Bush. It's all good, move along folks,
nothing to worry about...


Nothing in my post warranted your response. I'll put it this way, if
you don't like what they offer, close your account. MBNA isn't holding a gun
to your head. Sheesh!



Casey, you obviously don't understand liberals. They feel that they
shouldn't have to take responsibility for their actions, but rather be
protected and looked after by the government.

Matt