has anyone heard about this

iVillage Member
Registered: 06-20-2008
has anyone heard about this
4
Thu, 11-13-2008 - 1:19pm

Their going to start

[url=http://www.TickerFactory.com/debt/w9REIyy/] [img]http://tickers.TickerFactory.com/ezt/t/w9REIyy/debt.png[/img] [/url]
iVillage Member
Registered: 04-10-2003
Thu, 11-13-2008 - 1:33pm

No need to worry . . . this is a three year old article. It already happened (beginning of 2006). Here is the link to the exact same article on bankrate, only you will notice at the bottom the date is May 2005!


http://www.bankrate.com/brm/news/debt/20050503a1.asp


Here is another one that explains the logic a bit better (and actually has dates in it!)


http://www.consumeraffairs.com/news04/2005/occ_credit_card_minimum.html


Hope this helps!



Bex -

Avatar for londonrose2001
iVillage Member
Registered: 04-09-2003
Thu, 11-13-2008 - 1:34pm
Is this a new article or is it from 2005? I know the minimums went up a few years ago, and I think this article might be referring to that. Or is it? I saw a reference to the "recently enacted ... of 2005" which is why I think it is old.
Kris

 

iVillage Member
Registered: 06-20-2008
Thu, 11-13-2008 - 1:47pm
Thanks Bex I didn't know what date it had happened . I was looking over on TMMO dave ramseys Community Forum and someone had put a link for it today, I read it
[url=http://www.TickerFactory.com/debt/w9REIyy/] [img]http://tickers.TickerFactory.com/ezt/t/w9REIyy/debt.png[/img] [/url]
iVillage Member
Registered: 08-29-2006
Thu, 11-13-2008 - 4:00pm
FYI, I heard on the news about, 3 weeks ago, that ccs are planning on doing this again (now).