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Credit Card Scam

Jan 1, 2009 Credit Advice

Finance Director gives expert advice on the hidden cost of using credit cards, and how to avoid paying sky high interest!

Please Note: This video does not in any way constitute personal Financial Advice – just very useful general principles!

Duration : 0:6:30


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This entry was posted on Thursday, January 1st, 2009 at 6:36 pm and is filed under Credit Advice. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

10 Responses to “Credit Card Scam”

  1. truehunter Says:

    January 1st, 2009 at 6:36 pm

    Ya tha higher tha …
    Ya tha higher tha credit score tha better change u can buy a home. sad but its just a trick to steal ur good money usage.
    Credit card makes alot of money realy. If u see a 20 dollar fees each month X millions of people. They make nearly 20 millions a month off of people.


  2. CREDITCARDSUPERDEAL Says:

    January 1st, 2009 at 6:36 pm

    You have to watch …
    You have to watch out for bad credit card ideas. Only go for the reliable ones.


  3. captcaveman4201 Says:

    January 1st, 2009 at 6:36 pm

    i never opted for …
    i never opted for any credit system. soo why should i be part of any artifical credit score number? Its a scam to keep people without money. How could the credit card companies ever survive if the people had all the money that they needed in the first place? And this illegal scam is goin to be comming to a screching hault!!


  4. charlesrosaly Says:

    January 1st, 2009 at 6:36 pm

    I wont use credit …
    I wont use credit cards!!!


  5. mangler510 Says:

    January 1st, 2009 at 6:36 pm

    Its not that …
    Its not that they’re after your cash, they always owned it. All banks are in with the Federal Reserve. The Federal Reserve is a private company that loans dollar bills to the US on interest. Your paper money is legal tender, backed by nothing, not even gold. So debt = slavery, you work the rest of your life to pay taxes for the interest owed to the Federal Reserve that can never be paid off. Pro: Credit Cards allow US to buy more. Con: They are really generating money out of thin air.


  6. jamesrap2007 Says:

    January 1st, 2009 at 6:36 pm

    lol is the 0% fee a …
    lol is the 0% fee a rip off?
    what are the down sides?

    yes they are its normally 0% for 9 months then 19 afterwards


  7. thurester Says:

    January 1st, 2009 at 6:36 pm

    thanks for the …
    thanks for the infomation!


  8. psgregory Says:

    January 1st, 2009 at 6:36 pm

    Cheeky Monkeys! …
    Cheeky Monkeys! The banks are all after your cash one way or another…


  9. masterrotsap Says:

    January 1st, 2009 at 6:36 pm

    Man, good to know! …
    Man, good to know! Thanks


  10. Rapide2142 Says:

    January 1st, 2009 at 6:36 pm

    Very Informative :) …
    Very Informative :) !!!!!


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