Re: Q Card Interest Rate

THEY CallMe Mr Wilkes · ‎06-29-2016

There are many, many lower interest rate card options available versus the extremely high rates charged by department stores and branded store cards like HSN and QVC.

Cards aren't evil, but you need to be an informed, diligent consumer.

katie1859 · ‎06-25-2022

People, you have to realize that retail makes MEGA bucks off their credit.

Always has and that's why they jam it down our throats with steaks and deals.

Caviate, CAPITOL ONE was the supplier for the WALMART credit card.

They pulled the plug because of debt. Walmart has give backs on their cards and the way

the economy is, Cap One pulled it. Left with 8 billion worth of debt.

Don't have debt. Don't use credit cards. Don't cry me the river that you pay it off every month.

The reason 34 % interest is on any credit card suppliers accounts is because of debt.

Our country is in the trillions for debt and corporations are loaded up their bucks from consumers.

A crash is coming, and if it were me , I wouldn't give Synchrony or Capitol One any of my money.

Use your debit cards. They work the same way your credit card does, except, it is money you have and there's no interest. No debt.

THEY CallMe Mr Wilkes · ‎06-29-2016

Credit cards are not the problem.

They are a wise tool. A fine financial tool. Fear them not.

I use a credit card every single day, multiple times a day and have not been charged an interest payment in years. I am not in debt and I am greatly rewarded. The smartest tool available is if you have a card with rewards and benefits. No crying here.

Use credit cards as an informed consumer and you will be fine. Credit is good and a benefit if managed properly. Use your well deserved credit! You earned that credit score.

I love my 2 Capital One cards that give me terrific cash back rewards.

Debit cards are absolutely not the same as credit cards. Financial education is a must. If you pay-as-you-go, you have incurred no debt, despite what you may read!

Please don't rely solely on a debit card. Get at least one nice credit card with a good rewards program meeting your buying needs and use it wisely!

cherrywood · ‎03-09-2010

One of the cable companies charges $4 for each paper statement.

wilma · ‎03-13-2010

I just switched to paperless billing to avoid the new $1.99 fee for getting a QCard bill in the mail. I don't buy much from the Q anymore. Fortunately, I'm able to pay all my credit card balances each month. I know others can't always do that to avoid paying high interest rates.

febe1 · ‎01-22-2012

Many many families are struggling and maxing out their CC's to put food on the table. There are statistics on this and how in debt Americans are just for the necessities in life.

It's an awful trap. When first married we had not much of anything and opened a Sear's CC. Oh, it was wonderful to have immediately the things we needed. It took me years to close out that card. From that time forward, aside from home and car, I've never paid a dime's interest.

When you're maxing out your CC for food, that's a different story. Especially if it's both working and can't make it. You have only one choice, getting a second job.

bells4me · ‎03-13-2010

I paid my Q card & HSN card off as I got the letter saying 34.99% interest charge. They don't tell you that when selling easy pay. I will use my debit card if there is something I have to have. I will keep the cards open until I get all my AD.

MagnoliaMs · ‎03-29-2010

Yes, I will have my QCard paid off this coming statement! No more Easy Pay!!!!

Carmie · ‎10-25-2010

@febe1 wrote:
Many many families are struggling and maxing out their CC's to put food on the table. There are statistics on this and how in debt Americans are just for the necessities in life.
It's an awful trap. When first married we had not much of anything and opened a Sear's CC. Oh, it was wonderful to have immediately the things we needed. It took me years to close out that card. From that time forward, aside from home and car, I've never paid a dime's interest.
When you're maxing out your CC for food, that's a different story. Especially if it's both working and can't make it. You have only one choice, getting a second job.

While I agree with you, I will also point out that many people who are living hand to mouth are spending money on things they don't need, but want.

When I retired, I volunteered at a local public school. Many family's were low income and some were supported by only tax dollars.

Many of these kids had expensive iPhones....little kids. This was an elementary school. They used to make fun of my Tracphone.

Some kids didn't have winter coats or hats and gloves, but they had iPhones.

What is misssing in America is financial responsibility. We should teach young people how to save, invest and how to budget.

While I would never want to see anyone go hungry, many do because they are irresponsible.

They want expensive electronics, newer cars, new clothes, etc.

Everyone should try to live within their means. It's not always easy, but you will never get out of debt unless you do.