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Posts Tagged ‘inactivity fees’

No Protection from Inactivity Fees

December 17th, 2009 Michelle Woodard No comments

I received an inactivity fee on one of my credit cards of $36. Why am I being charged $36 for doing nothing? This is criminal. I read the new Credit Card act they passed in congress to protect meek, humble folks such as myself from the corporate slimeball credit card companies does nothing for these inactivity fees. Why on Earth not? This is one of my backup cards, one of my just-in-case-of-emergency cards. Who doesn’t have one of these? A lot of people that just about never use credit cards at least has one of these backup cards, in case the car breaks down, there’s a sudden medical crisis, you just plain need some dough while you’re waiting on that paycheck to come in.

But now, I’m getting charged for having these cards. It’s insufferable. I guess that’s another card I ought to cancel.

M.