Make the Credit Card Companies March to Your Tune

Do you ever think credit card companies seem to treat their customers like slaves?
The policies that these credit companies use to handle your accounts are at best unscrupulous and at worst, down right disgraceful. If another industry tried to cheat their customers out of money like the credit card companies manage to do daily, they would be investigated and jailed immediately.
But our government doesn’t have such laws so the credit card companies literally have a license to steal.

The way in which these companies look after your accounts has a lot to do with why your credit card debt is so hard clear. When you owe a few thousand pounds to a credit card company and they are constantly barraging you with fees, and increasing your interest rates and adding charges to your account for “membership fees” and bogus things like this, it becomes clear that in addition to the debt, the debt carriers are the forces behind the debt,and not your friend trying to get your debt down.

You can to take control of the situation but you are going to have to “be the boss” to get this to happen. if you get dozens of credit card offers and perhaps have a half dozen credit card accounts already open, you may have the flexibility to put them on notice that they credit card companies have a duty of serving you, not you serving them.

If you find that you need help paying unpaid bills then shop around as there are hundreds of lenders who will offer a low interest loan to pay for outstanding bills.

To make these stuborn companies face the music, they have to know that they can be fired. To put them on notice, you need to accumulate archives of a year’s worth of statements and track the extra fees, the membership dues and each time they raised their interest rates on you. with this information to hand, call them and request to talk to someone who can make changes to your account.
 
If the clerk doesn’t want to help, begin the process of closing the account.That will get their notice. You might have to actually close the account but ensure to make comments when they come to the part of the process where they ask why you are closing the account.

This is where you get to put your views across. The reason can be something like this. “I am closing the account because you are imposing unreasonable fees and membership fees and I would like the interest rate dropped to a lower rate and capped.” That will get some attention. This should ensure You either get transferred to a manager immeiately or one will call you. Be prepared for several lame excuses and don’t argue. They can say they raised your interest rate because you were late on a payment so this is a penalty.if this is the case then a good retort is. “I have a policy of not paying you for work you do not do. so i am saying I drop the account.” As long as you play on your strengths, there is no answer they can give.

The secret weapon you know and that what they don’t want you to know is that you are a premium candidate. 

The credit card companies know there are a limited amount of people who can carry a debt and make the payments.

Bad credit will not stop you from getting a business loan, so if you find that you have bad credit with a credit card companie then don't worry there are lenders who will still provide a loan for your business.

And every time they lose a customer, that array of victims, or customers, decreases. don’t be fooled by any talk that they have no leeway to change the rules of the game. They can and they will.You can demand they refund to you all charges imposed since last year. They can advise that you are being unreasonable all they want.

You are within your rights to respond, “It’s unreasonable you impose fines and fees on my account without prior notice and for no additional value or work that you are doing, and I am within my rights to close this account and file a complaint against yourselves.”

This does not have to be just scare tactics. These are words credit card companies live in fear of hearing. So use the information you have and put the credit card companies on notice that they are going to have to listen to you or, to borrow a catch phrase from Sir Alan Sugar, “You’re fired”.

If you have a business and you are looking for a low interest self cert loan you will not be dispapointed as there are so many lenders who can offer such a loan.