Comments on: The Best and Worst of the Credit Card Industry http://masteryourcard.com/blog/2008/12/08/the-best-and-worst-of-the-credit-card-industry/ The best Credit Card Debt Blog online Wed, 02 May 2012 03:22:04 +0000 hourly 1 http://wordpress.org/?v= By: Michigan Girl in Debt http://masteryourcard.com/blog/2008/12/08/the-best-and-worst-of-the-credit-card-industry/comment-page-1/#comment-9947 Michigan Girl in Debt Tue, 09 Dec 2008 22:57:47 +0000 http://masteryourcard.com/blog/?p=315#comment-9947 I love Advanta (i think it's matercard). They have AMAZING customer service. Right before the "credit crash" I opened this account at like the end of August and did a balance transfer over to it for 2.99% for the life of the balance (and no BT fees!)...i don't think they offer that rate anymore...cause ive searched for it again- and can't find it. But their cusometer service is great. I think they must be like a REALLY local bank..their statements come on regular white paper...like they just printed it off a desk printer...i love it! I love Advanta (i think it’s matercard). They have AMAZING customer service. Right before the “credit crash” I opened this account at like the end of August and did a balance transfer over to it for 2.99% for the life of the balance (and no BT fees!)…i don’t think they offer that rate anymore…cause ive searched for it again- and can’t find it. But their cusometer service is great. I think they must be like a REALLY local bank..their statements come on regular white paper…like they just printed it off a desk printer…i love it!

]]> By: Bouncing Back Betty http://masteryourcard.com/blog/2008/12/08/the-best-and-worst-of-the-credit-card-industry/comment-page-1/#comment-9936 Bouncing Back Betty Tue, 09 Dec 2008 16:16:32 +0000 http://masteryourcard.com/blog/?p=315#comment-9936 I second your comment on First Premier Bank! They aggressively market to post BK people. I must have gotten 10-12 "offers" from them after my discharge. Their fees and charges (which they put on your first statement) totaled around $250(monthly fee of $7.50, application fee of $75, yearly fee of $29-the fees in the fine print were staggering! and they would only offer you a $500 credit limit. Their "offers" hit my paper shredder. I second your comment on First Premier Bank! They aggressively market to post BK people. I must have gotten 10-12 “offers” from them after my discharge. Their fees and charges (which they put on your first statement) totaled around $250(monthly fee of $7.50, application fee of $75, yearly fee of $29-the fees in the fine print were staggering! and they would only offer you a $500 credit limit.

Their “offers” hit my paper shredder.

]]> By: San Francisco Financial Planning http://masteryourcard.com/blog/2008/12/08/the-best-and-worst-of-the-credit-card-industry/comment-page-1/#comment-9900 San Francisco Financial Planning Mon, 08 Dec 2008 23:54:40 +0000 http://masteryourcard.com/blog/?p=315#comment-9900 Great advice - especially about contacting the lender. Make it a regular practice to call your credit cards to ask for a lower rate. I have one client who owes over $20,000 on a Visa that was at 18%. He spoke with a 'rate specialist', touting his rising credit score and declining balance and got his rate cut in half, from 18% to 9%! His monthly interest charge was instantly reduced by $150, which will help him pay off his debt even sooner. Great advice – especially about contacting the lender. Make it a regular practice to call your credit cards to ask for a lower rate. I have one client who owes over $20,000 on a Visa that was at 18%. He spoke with a ‘rate specialist’, touting his rising credit score and declining balance and got his rate cut in half, from 18% to 9%! His monthly interest charge was instantly reduced by $150, which will help him pay off his debt even sooner.

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