CBusT asked:


In a recent transaction where I was paying by credit card I was overcharged by the vendor. She realized it on the spot and refunded the money. However, when I reviewed my credit card statement I found that they’d issued two additional refunds to me which amount to several thousand dollars. This is all in excess of the amount the needed to refund to me. What am I supposed to do? What is my obligation? Can I just sit tight until the company figures out its mistake?

Pat

Rev Debi Brady asked:


I am a good payer on my CC’s. Yes, I have fairly high balances, but that’s because every time I think I’m making some headway on the balances, these ‘guys’ raise the interest rates. At least two of my higher balance cards have increased their rates…by A LOT…in the last year! I’m making it my mission to expose these companies for what they are money-hungry card-sharks!

Please join my crusade…I’m started by taking a survey of rates and companies…

My next step is to compile a list of all these companies and their USURY rates (see for background). As a writer, researcher and honorably-discharged Air Force Officer, I will be creating a campaign to take back our rights to fair credit treatment. Are you with me?!?
Thanks to these responses…I am well-aware that no one stuffed a CC down my throat unwillingly…I bit down and chewed! No I don’t think ANOTHER CC is the answer (been-there-done-that), but I am among millions who are carrying a balance. I pay more than the minimum, but not enough to offset the ever-increasing interest charges.
Ahh, yes…my house is filled with useless stuff that I owe money on…NOT! I have over-extended my credit, but that does not extend the abuse to companies by charging over 24% (currently the max allowed in the U.S.) with our govt’s blessing…hmmm, seems a little bit fishy…

Deidre