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chgo_man99

join:2010-01-01
Schaumburg, IL
Reviews:
·AT&T U-Verse
·Mediacom
·T-Mobile US

reply to NOCTech75

Re: Should Be Illegal

Don't be ridiculous. the sales associate at the counter won't tell you this when you apply for credit. You won't get print with those terms at the store or when your new card arrives in the mail. You will only get them after you receive statement in the mail which has them written in tiny blueprint on the back or pages of the thick booklet without indexes.

And if you opted to get paperless statement good luck with that. I also don't believe all credit companies do it. It might be standard but not uniform.


NOCTech75
Premium
join:2009-06-29
Marietta, GA
Reviews:
·Comcast

said by chgo_man99:

Don't be ridiculous. the sales associate at the counter won't tell you this when you apply for credit. You won't get print with those terms at the store or when your new card arrives in the mail. You will only get them after you receive statement in the mail which has them written in tiny blueprint on the back or pages of the thick booklet without indexes.

Yes, reading is ridiculous. The information is out there, YOU didn't read it and are all pissy at the credit card company. Get over it. You should know reading the terms and conditions but as you put it, reading is ridiculous.

chgo_man99

join:2010-01-01
Schaumburg, IL
Reviews:
·AT&T U-Verse
·Mediacom
·T-Mobile US

I hope you like reading EULA before installing programs or games.

The point of technical writing is to be informative, concise and grab audience (customer) attention. If a cell phone company can do this when signing two year contract about any hidden charges, bank could do as well. One style of writing and jargon do not fit all. The point of these "contracts" is to delude customer, not inform them in clear, informative and explicit manner.

Regular customers should not be expected to be readers on business-to-business level when it's business-to-person.

Youre either delusional about banks business ethics or a simply a troll having fun playing dad's "role".


fiberguy
My views are my own.
Premium
join:2005-05-20
kudos:3

said by chgo_man99:

I hope you like reading EULA before installing programs or games.

The point of technical writing is to be informative, concise and grab audience (customer) attention. If a cell phone company can do this when signing two year contract about any hidden charges,......

bla...

I happen to be one that DOES read everything PRIOR to installing.. I'm the one that annoys the bankers and AT&T reps when I sit there and read what I'm signing. When I rent a U-Haul truck, I read what I'm singing myself to. Novel concept these days huh? I know that doesn't fit the "pay and use now, bitch about it later" crowd - but they get what they deserve. Also, that credit card example above about the hinted bait and switch on interest rates.. pure B.S. The rates disclosure for credit card companies is one of the most widely published / made-available documents in circulation to customers. And with that said, smart people will take advantage of the interest free period on the balance transfer (ultimately stopping interest from occurring) in order to pay off the balance they owe. Again, a simple concept the seems to escape those that just won't accept being informed.

fiberguy
My views are my own.
Premium
join:2005-05-20
kudos:3

reply to chgo_man99
"INTEREST FREE FOR 6 MONTHS" - in big print. "Balance must be paid in full in promotional period or interest will incur from date of purchase" is hardly in small print and in addition it's * out on the front as well. The sales associate isn't the banker. They're simply asking you if you wanted to open a charge card to buy those tires that you were too weak to resist their sales pitch.

Just wow - seriously so many things wrong with your approach on things. I do feel sorry for you and those like you who don't take the time to educate yourself and rely solely on everyone else to pat your bottom. The most ironic thing is that it seems this kind of thing follows you through out life, yet you continue not to learn from YOUR mistakes. I'm sure you could occupy Firestone if you're dissatisfied.


chgo_man99

join:2010-01-01
Schaumburg, IL
Reviews:
·AT&T U-Verse
·Mediacom
·T-Mobile US

1 edit

INTEREST FREE FOR 6 MONTHS

Tere morele...

Except you don't get part that already paid off portion of balance charged on purchase during this promo period should not incur interest after promotional period expires. That capital letter wording you spelled out does not mention anything.

Second emergency planning is not the same as long term planned purchase u gave a lot of examples on such as cell phone purchase on 2 year contract. Long term planning leaves a lot more room for preparedness.

Third not all banks are the same and cut through transparent especially some unknown 3rd party shady small banks for retailers. It's no surprise retail cc get the worst rap, their interest is typically higher than regular bank cc and their terms less favorable to consumers.

Tell me how fair it is to get charged all 24% apr cumulative daily interest on $400 when u paid on time within promotional window period $399.99?

Even if it's disclosed in tiny print on back statement on your first bill, how do u justify this practice fair for consumers? How about blind disabled customers?

Maybe a smart old Russian soviet computer will explain this perfectly reasonable "logic"?

Nothing what u said in defense for Firestone makes sense, may in theory but does not make sense in practice.



Doh321

@sbcglobal.net

Re: Should Be Illegal

Genius: While you are defending the understandability of credit card contracts, all the REAL EXPERTS are saying these contracts are confusing to the average consumer!

While you may be knowledgeable at the Kmart checkout about the legal meaning of these terms, most retail personnel do not understand them, anymore than their customers.

»www.creditcards.com/credit-card-···1282.php


Thespis
I'm not an actor, but I play one on TV.
Premium
join:2004-08-03
Keller, TX

said by Doh321 :

While you may be knowledgeable at the Kmart checkout about the legal meaning of these terms, most retail personnel do not understand them, anymore than their customers.

»www.creditcards.com/credit-card-···1282.php

You don't have to be smart enough to understand the contract. You simply have to be smart enough to NOT sign a contract you don't understand.
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