“How are people coping with the change in credit card terms? We’ve been hit with severe changes from both our Visa bank cards and American Express.

 

 

 

 

 

The question came by email yesterday from a blog reader, along with a question about how yesterday’s news report about American Express’s 79% profit decline might affect the company’s bottom line. (www.nytimes.com/2009/01/27/business.com)

Have you been hit by credit card interest rate increases?  If you have, did you try negotiating with the company in question?  And did it work?

Does it matter if you’re a long-time customer, or if you pay your bills on time?

Write to us, please.  We’d really like to help get information out to people about  strategies to help.  

In the meantime, I’ll include new postings with creative solutions.

So, please email us at moneymattersandmore.com, or better yet, leave a comment below.

Thanks!

Heather Taylor

 

 

 

 

Posted Wednesday, January 28th, 2009 at 9:27 am
Filed Under Category: All Posts
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7

Responses to “Higher Credit Card Rates: Changing the Rules of the Game”

blibraboose

Hello, I can’t understand how to add your blog ( http://www.moneymattersandmore.com ) in my rss reader
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Emma Johnson

as much as possible i also mantain a good credit record so that i can do business transactions with ease”*`

Egg Donor :

we can’t avoid to have some credit on banks or from other people, there are just times that we are short of money:.~

Heather Taylor

Yes, it can be pretty tough in the current economy to manage without using resources like credit cards. One of the best ways to use credit cards is sparingly, and when we do, pay them off and on time. Thanks for writing.

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