Personally, I think the law's a bad idea, as you can always pay more than the minimum amount, but sometimes when you're low on money it's nice to only pay a smaller minimum, even if you're just covering interest. But if that's all you ever do then you're screwed. So this is pretty much an attempt to legislate common sense.
Um, being kinda picky here, but it's more regulatory strongarming than law.
But most households don't have a spare skilled worker sitting around who just needs to find the right job to get them out of paycheck-to-paycheck land.
If you're still below your credit limit, what I think a lot of people will end up doing is charging an amount at least equal to the increased payment to cover the things that otherwise would have been paid directly. Which kind of defeats the purpose.
If you're still below your credit limit, what I think a lot of people will end up doing is charging an amount at least equal to the increased payment to cover the things that otherwise would have been paid directly. Which kind of defeats the purpose.
So, win-win for the credit card companies.
What a surprise.
Um, being kinda picky here, but it's more regulatory strongarming than law.
Oh yeah, I finished reading the article and saw that. Oops.
I cancelled my card with them a few weeks after the Zapatista uprising in Mexico, when the CEO of Chase wrote a personal letter to the president of Mexico, promising him Chase's financial assistance to any amount necessary to quash the unpleasantness with those whiny Indians (okay, those weren't his exact words, but they were sure as hell the gist).
You Lefty-Catholic Californian, you. *MWAH*
Hey, vw and anyone else who has meds issues, have you heard of or checked into the Together Rx plan? (I just saw an ad on tv.) [link]
Don't know that it would really be helpful, but...
Mornin', Bitches!
Yay, Jars on the school thing!
Even though I was at work till 9 last night and then had to be at the doctor's at 7:15am, I am in a good mood. Why, you may ask? Today was my follow-up diagnostic mammogram and ultra sound. Let's hear it for cysty goodness!! The doc found at least 4 cysts and wants me to come back in 6 mos. for a follow-up, but it all looks fine. Yay!!!
Oh lordy...
Japanese develop 'female' android: [link]