Suze Orman – Changes to Credit Card Law
http://www.theinvestorwatch.com/suzeorman
The announcement of changes to the law of what he credit card company can do to your credit card bill by the Obama’s office, do you really know how does it affect you and what are the changes you can do?
Duration : 0:4:20



STOP paying your …
STOP paying your debt, (we) the people do have the power: It would be interesting to see who’s got who by the balls, it’s all just a rigged little poker game,…isn’t it? FICO is a fraud.
would you all stop …
would you all stop being such simple plebs and just trash your credit cards already?
@41elliott Thank …
@41elliott Thank you for that some one needs to tell the truth were on our way out money will fail more people need to know
what happens if you …
what happens if you quit making payments ?
I just pay off my …
If they lower the APR rates then I’ll consider carrying a balance over 30 days and they can make more of a profit besides transaction fees charged to the retailer when i use the card. I have a credit score of over 800 yet my interest rates are over 25%. Yikes. Used to be 11%.
I just pay off my credit cards completely when the bill arrives. I haven’t paid a cent in interest but have received several gift cards from them
“Why didn’t they …
“Why didn’t they have those changes go into affect this year?”
How many politicians had their political campaign sponsored by a bank?
i’ve had my 2 cards …
i’ve had my 2 cards for 10 years, one of them went up to 21% from being at 9%. i called the company up to cancel my card, got them to lower my interest back to 9% instead. i keep them around for Emergencies, i try to use cash whenever possible.
Thanks 41elliott, …
Thanks 41elliott, you told a fact. I also get the feeling that stevehauk is in the banking system.
You can’t say that …
You can’t say that about Nevbb, because she/he didn’t state how they stuck it to her; you’re assuming.
My rates went up …
My rates went up after 15 years. Now I have to pay an extra $50.00/month in interest.
Amen Suze.
Amen Suze.
attack on the …
attack on the middle class. obama he’s a puppet for white man. if you can’t pay them go bankrupt and don’t pay them. it cost you a one time payment of around 1,500 for the lawyer.. bam your done. if you don’t own anything like property. fuckem let them put a judgment on you. the whole world will be in kaos very soon anyway. my cards are in the trash.
I always watched …
I always watched you on TV and never thought of checking you out on YouTube. I subscribed. I love your show and look forward to learning so much more.
@NEVBB You stuck it …
@NEVBB You stuck it to yourself.
I love how …
I love how passionate she is. My goal is to pay off my Citi card first because they definitely stuck it to me.
People don’t ” …
People don’t “VOLUNTARILY” sign up for bullshit hidden fees from PREDATORY lenders. Banks have become first rate con artists..
If you bring your car to me for repair, and after fixing it, I decide to increase the amount due by 300%, then you would be justified in not paying me.
You sound like an employee of the banking system, delusioned into thinking that you serve as a “pillar” worthy of respect. When the economic collapse comes (and it will), these maggots should be the first slaughtered.
Ahh I don’t think …
Ahh I don’t think so… the person using the credit does it VOLUNTARILY knowing they can get robbed. Sounds like you need some Biblical morality and discernment and I don’t care what you do.
steve…..Using …
steve…..Using your logic, that means if I break into your house and steal your china, YOU would be a theif if you then stole it back after seeing it at my yearly yard sale.
Save the biblical morality for someone stupid enough to swallow it. Banks crying foul over people refusing to pay them ever-increasing amounts of money is like a bully who calls the police when his victims fight back.
In fact, I’m getting just thinking about it: I think I’ll head down to the bar and CHARGE a beer.
41elliot did you …
41elliot did you ever hear the phrase 2 wrongs don’t make a right?? If you do what you said you’re literally a thief. Just because they’re weasel bastards doesn’t mean we should be.
@KingLutherQ my …
.
@KingLutherQ my friend, I work for chase and trust me they did it to everyone. Does that justify it. NO. Im glad they raised your rates?Y? because you payed those cards off. If you are going to use a card, please pay it off in full EVERY TIME.Dont even look at the rate. If you cant pay it off, dont get a card. otherwise ull pay 14% more on your OWN money. If you have any questions, PM me, I am a Personal Banker with Chase, Not a very successful one since I HELP people
This is why i voted …
This is why i voted for Obama! LOL, not becasue of the economy (that will improve regardless of whos president), not because of “hope” lol, but because of simple things like this that make the big difference over a life span
Sorry folks, we …
Sorry folks, we have been had, peed on, scammed and lied to.
WallStreet bailouts were rigged and a fraud, market manipulations,
high freqency trading, flash orders, naked short selling by:
Goldman, JPM, Cit, MorgStanley, Aig, stay away from this scum.
The Fed, Comex, ETF’s, Govt data: frauds. Your labor devalued to Zero.
Pull your money out, walk away from your mortgage and CC card debt,
We can beat them at their own game, buy pure silver bullion,
buy local mom and pop. Starve The Beast!
she is right about …
she is right about ONE thing.
Here’s a peice of …
Here’s a peice of advice Suzy won’t give you…. Don’t pay. Simply don’t pay. Go out and max your cards and then don’t pay. What are they gonna do, report you? So the what? All that means is that your less likely to get a loan or another credit card. SO WHAT? You need to get rid of the ones you have. The LAST thing you need is more “credit”.
FUCK’EM
I WILL NEVER GET A …
I WILL NEVER GET A CREDIT CARD WITH CHASE AGAIN !!! ;(
My CHASE card raised my interest to 14%. My wife’s CHASE card was raised to 17%. They were only 7% when it was under wamu just a year ago. We have very good credit scores both around 740 and we have never been late in any of our payments. In fact I pay our cards twice a month and more than the minimum.
My wife just paid off and closed her account. I only owe 1000 now and will pay it off this week. I am looking forward to closing my card.