| akuma587 said: Really? Under no circumstances can banks and credit card companies abuse terms in contracts that the average person would not understand without the help of a lawyer or abuse favorable legislation that the consumer doesn't even know about? And it is certainly entirely fair that every contract you sign with these companies are almost always non-negotiable contracts that the company itself has written. And they also can't impose arbitrary things on you like arbitration in foreign countries. These companies are definitely never defendants in large class action suits either for wholesale abusing there power. Your assessment is about as naive as it gets, and you obviously know very little about contract law. And I like how your second point isn't even an argument. You just throw out a word and assume you will convince people of something. |
A little but of personal responsibilty goes a long way. If people are too stupid to understand the terms of a credit card contract, or don't like the non-negotiable terms then they should not get one. Open up a checking account and get a debit card instead.
If you've never had to deal with red-tape then I wouldn't expect you to understand how bureaucracies work, but they are not benevolent entities. Big, scary, evil corporations may be bad for the economy and the world, but excessive government is always worse.
