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TheRealMafoo on 16 June 2009
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ManusJustus said:
TheRealMafoo said:

Plus you can get a Visa ATM card, that works like a Visa, but is just a bank debt card.

Oh, and here are some terms for a Credit Card. I think a very small percentage of the population can't understand this. To think otherwise, is just elitist bullshit.

https://onlineaccess.mycreditcard.cc/WebApps/express?Action=Tac.jsp

There is nothing about that, that would take a lawyer to understand.

Not everybody can realize a good or a bad contract when they see one.  And thats not to mention that contracts are heavily biased towards the company that creates them anyways, your examples included:

We may add, change or delete any of the terms of your Account and the corresponding Credit Card Agreement (including, but not limited to, Annual Percentage Rate and fees), at any time with or without notice.

Now, I doubt American Express would screw over thousands of customers and face the public backlash.  However, I'm not entirely sure what powers that statement gives the credit card company, and what options I would have if my APR was increased to 150% overnight or if they bombarded me with fees from nowhere.

Then don't get that card. I just googled it and those terms came up. That card sucks, but the point is you don't need a lawyer to realize it sucks. The terms are simple to understand.