You will not believe this story, well you just might. I have a client that was given a credit card while on their cruise. Last January 2009 they booked a reservation in which they canceled. The refund issued was for $10.00 less than what they had put on the card. To make a long story short, they were unaware of the $10 balance but get this? The credit card company began charging them $29 every month they were late on top of the late fees…In July 2009, the balance had reached $147 for the $10 owed? The kicker is that when the client made the $147 payment in July the credit card company failed to tell my client that the payment being made was also past due, so guess what? They charged them another $29 plus late fees. The new balance now is $90!!!!!Is that insane, ridiculous or what? A $10 balance got to over $240 in a year and the credit got thrashed!!!!!!!
People, we need to wise up…This game called life has only two sides to play on, everything is 100% financed, we are either paying % or making %….Which side do you want to play on……
We have ways to restructure your debt (click here), teach you to save and how money works (click here) do what the WEALTHY do; hence that’s why the rich get richer? How the RULE of 72 applies to evrything, don’t just get educated take ACTION! It’s been said that Knowledge is Power, that’s not all true; it’s Applied Knowledge that is Power…
Folks, take action, contact a Financial Professional today!
For contact info click here!
John Franco 
Credit card companies are absolutely out of control. This kind of activity needs to be stopped!