39 ordspråk av Travis Plunkett
Travis Plunkett
It's kind of like the wild west out there.
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Most issuers waited until at least mid-2005 or later. Credit-card companies should have started implementing this guidance a long time ago. They should have done so very gradually ... That hasn't happened. But we haven't been flooded with complaints, either.
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Once you're caught in that, you're often stuck,
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People are just fed up with the approach that the large credit-card issuers have taken over the past five years. They're fed up with an increasing number of traps and tricks. They're tired of being hit with a fee every time they blink.
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Rent is often the largest chunk of a family's monthly budget. So the concern would be that these families would be tempted to use money they don't have by putting it on plastic.
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shouldn't have to jump through hoops to get bankruptcy relief.
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Some people prefer telephone counseling. Some people prefer in-person counseling.
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Taking on debt to accumulate savings is an obvious contradiction. It seems more like a clever marketing ploy than a legitimate method for increasing savings.
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The best thing that Congress could do right is to go back to the drawing board and offer targeted assistance to the relatively few businesses that can't get terror coverage, like some skyscrapers,
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The bill simply doesn't balance responsibility between families in debt trouble and the creditors whose practices have contributed to the rise in bankruptcies.
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The credit-counseling industry is in complete turmoil, ... Our fear is that the little-known agency [the Trustee's office] charged with approving the credit-counseling agencies to offer this requirement might unintentionally approve agencies that were not up to speed.
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The credit-counseling industry is in complete turmoil. Our fear is that the little-known agency [the Trustee's office] charged with approving the credit-counseling agencies to offer this requirement might unintentionally approve agencies that were not up to speed.
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The golden rule is, Don't wait too long. Talk to them as soon as possible. Be very clear on what the source of the financial trouble is and tell them you want to work it out.
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The law has a one-size-fits-all approach, ... It treats people who have been hit by hurricanes in the same fashion as people who have ended up in bankruptcy from gambling or overspending or misusing the credit they were given.
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They'll never get a fresh start, ... And over the long haul, this can have a significant impact on the economy, if a large number of people can't get back to being ordinary consumers.
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