Comments on: Archive of Reasons to Not Have a Credit Card

By: kitty

kitty — Thu, 10 Jan 2008 17:39:38 +0000

Sandy, so what happened on the due date? Did the payment appear then? If yes, then what is the problem? Maybe their computer is programmed to take off the payment from the “amount due” column in the database not the “new charges” column. Why is this a dirty trick?

They haven’t charged you interest, right, they haven’t lost your payment, so they didn’t gain anything.

If you really want to avoid all possible problems, you can simply sign up for automated payment of the full balance with the credit card company. Then they deduct the necessary amount exactly on the due date; you are guaranteed never to be late regardless of the due date. This is what I do and it works like charm.

By: Eden

Eden — Thu, 10 Jan 2008 02:46:38 +0000

@Sandy – that sounds like another dirty trick! Thanks for sharing.

About traveling without a credit card- I have rented a car without a credit card before, but not recently. I am going on vacation this summer and I will be paying for airfare, a hotel, and a rental car all without credit cards (I haven’t used one since September) so I will be sure to write about how all of that goes.

By: Sandy

Sandy — Mon, 07 Jan 2008 16:13:32 +0000

I don’t have time right now to read your article – looks like a good one, so will later. But I’ve commented before on your site, and wanted to share something that happened to me personally. When I was on vacation, I charged $135 on my credit card. I do online banking. I have a 0 balance, so as soon as the charge appeared, I transferred funds from my checking account to pay for it. Well, day after day after day passed and my balance wasn’t at 0 yet. So I called them and they said: “Oh about a month ago, we changed our policy so that when you make a payment, it won’t get posted until your due date.” And then she actually laughed. I said I didn’t think it was funny and why didn’t they send their customers an e-mail notifying them? I realize this isn’t a big deal, but for someone like me who keeps a 0 balance, I feel like they are still screwing me because I wasted time having to call them and checking on my balance every day.

I would love to get rid of this credit card, but I use it to hold hotel reservations and air travel. Is there a way that someone can do those things without a credit card? I would appreciate any feedback about that, like rental cars, too because to have the credit card people/policies off my back would bring me greater peace than I could probably imagine.

By: Eden

Eden — Mon, 07 Jan 2008 00:37:32 +0000

@Frugal Dad – Interesting, you must know all the dirty secrets then.

By: Frugal Dad

Frugal Dad — Mon, 07 Jan 2008 00:35:11 +0000

I’m with you, credit card marketing and collection practices are downright dirty, even if their tool isn’t necessarily bad. I actually used to work for the enemy (credit card company) and I saw first-hand the way they treat people.

By: Credit card » Archive of Reasons to Not Have a Credit Card

Credit card » Archive of Reasons to Not Have a Credit Card — Sun, 06 Jan 2008 23:03:00 +0000

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