Comments on: New Bank of America Credit Card Statement http://www.consumerismcommentary.com/new-bank-of-america-credit-card-statement/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Mon, 13 Feb 2012 01:22:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dirk http://www.consumerismcommentary.com/new-bank-of-america-credit-card-statement/comment-page-1/#comment-207196 Dirk Thu, 17 Jun 2010 19:57:01 +0000 http://www.consumerismcommentary.com/?p=8524#comment-207196 Hi there, I am only 21 years old and started my own online business. I got my first credit card (feels like I am an adult now). I started my credit card to finance my start up, but was shocked to find out what charges are being billed by the credit card companies. With the latest statements, it became clear I need to pay down my credit card balance fast. Thanks Dirk Hi there, I am only 21 years old and started my own online business. I got my first credit card (feels like I am an adult now). I started my credit card to finance my start up, but was shocked to find out what charges are being billed by the credit card companies.

With the latest statements, it became clear I need to pay down my credit card balance fast.

Thanks

Dirk

]]> By: Marc http://www.consumerismcommentary.com/new-bank-of-america-credit-card-statement/comment-page-1/#comment-207195 Marc Thu, 17 Jun 2010 19:53:08 +0000 http://www.consumerismcommentary.com/?p=8524#comment-207195 I got my latest statement. I like the new layout and the information supplied. I actually cancelled 2 of my 3 credit cards already and I intent to pay off all my debt and cancel the last credit card, too. It is just to tempting and I am afraid to start acumulating debt again. Maybe I should freeze it! I got my latest statement. I like the new layout and the information supplied. I actually cancelled 2 of my 3 credit cards already and I intent to pay off all my debt and cancel the last credit card, too. It is just to tempting and I am afraid to start acumulating debt again. Maybe I should freeze it!

]]> By: Oscar http://www.consumerismcommentary.com/new-bank-of-america-credit-card-statement/comment-page-1/#comment-205300 Oscar Tue, 23 Mar 2010 02:02:12 +0000 http://www.consumerismcommentary.com/?p=8524#comment-205300 The new statements do provide some good information but I think most people already know this and just don't care. It is just too tempting to use your credit card so you have to create a mentality to avoid. I remember Larry Burkett always saying you should keep your credit cards frozen in a chunk of ice to avoid using them foolishly. The new statements do provide some good information but I think most people already know this and just don’t care. It is just too tempting to use your credit card so you have to create a mentality to avoid. I remember Larry Burkett always saying you should keep your credit cards frozen in a chunk of ice to avoid using them foolishly.

]]> By: Ken http://www.consumerismcommentary.com/new-bank-of-america-credit-card-statement/comment-page-1/#comment-205243 Ken Sun, 21 Mar 2010 13:11:05 +0000 http://www.consumerismcommentary.com/?p=8524#comment-205243 I think it's a step further on their part to educate the consumer about interest and how paying more saves more....will it have long term impact for consumer...I doubt it. I think it’s a step further on their part to educate the consumer about interest and how paying more saves more….will it have long term impact for consumer…I doubt it.

]]> By: Flexo http://www.consumerismcommentary.com/new-bank-of-america-credit-card-statement/comment-page-1/#comment-205239 Flexo Sun, 21 Mar 2010 00:53:54 +0000 http://www.consumerismcommentary.com/?p=8524#comment-205239 The column headers have a black dithered background, and are not clearly legible. I think the scan is a pretty accurate representation of what I see on paper. If you look at the larger-size scan, you can see the wavy blue pattern throughout the page. The column headers have a black dithered background, and are not clearly legible. I think the scan is a pretty accurate representation of what I see on paper. If you look at the larger-size scan, you can see the wavy blue pattern throughout the page.

]]> By: Monevator http://www.consumerismcommentary.com/new-bank-of-america-credit-card-statement/comment-page-1/#comment-205238 Monevator Sun, 21 Mar 2010 00:18:32 +0000 http://www.consumerismcommentary.com/?p=8524#comment-205238 Hmm, I have to admit I think that looks pretty good... maybe even a slightly bigger than smaller step in the right direction. If it's buried under a telephone book sized directory of paper, perhaps not so much! Maybe credit cards should come wrapped in white coffin shaped box saying Wreckless Debt Kills or similar, like cigarettes?! Hmm, I have to admit I think that looks pretty good… maybe even a slightly bigger than smaller step in the right direction. If it’s buried under a telephone book sized directory of paper, perhaps not so much!

Maybe credit cards should come wrapped in white coffin shaped box saying Wreckless Debt Kills or similar, like cigarettes?!

]]> By: Smithee http://www.consumerismcommentary.com/new-bank-of-america-credit-card-statement/comment-page-1/#comment-205237 Smithee Sat, 20 Mar 2010 23:56:15 +0000 http://www.consumerismcommentary.com/?p=8524#comment-205237 Would you say the colors in the picture here are the same as they are on paper? The contrast in the "important part" makes it really difficult to read the column headers. Would you say the colors in the picture here are the same as they are on paper? The contrast in the “important part” makes it really difficult to read the column headers.

]]> By: Flexo http://www.consumerismcommentary.com/new-bank-of-america-credit-card-statement/comment-page-1/#comment-205231 Flexo Sat, 20 Mar 2010 15:51:01 +0000 http://www.consumerismcommentary.com/?p=8524#comment-205231 No worries, the fantastic weather today is having the same effect on me. No worries, the fantastic weather today is having the same effect on me.

]]> By: steveDH http://www.consumerismcommentary.com/new-bank-of-america-credit-card-statement/comment-page-1/#comment-205230 steveDH Sat, 20 Mar 2010 15:32:06 +0000 http://www.consumerismcommentary.com/?p=8524#comment-205230 Right on. I smell a new app for our phone. It could evaluate the purchase and give an electrical shock if it doesn't approve. Maybe if the purchase is at the Pharmacy, Doctor's Office, or Hospital it could present an analysis comparing the cost of the care versus funeral cost. People do dumb things, schools don't often teach common sense and parents don't always teach responsibility, but technology can overcome it all! The information provided on the new credit card statements is a step (albeit a small one) in the right direction, could alert some to avoid the debt spiral, and shouldn't be discounted as worthless. Please forgive me for the tongue-in-cheek nonsense I started off with, afterall it is Saturday, sun is shining, getting warmer ..........forgive me.......pretty please? Right on. I smell a new app for our phone. It could evaluate the purchase and give an electrical shock if it doesn’t approve. Maybe if the purchase is at the Pharmacy, Doctor’s Office, or Hospital it could present an analysis comparing the cost of the care versus funeral cost. People do dumb things, schools don’t often teach common sense and parents don’t always teach responsibility, but technology can overcome it all!

The information provided on the new credit card statements is a step (albeit a small one) in the right direction, could alert some to avoid the debt spiral, and shouldn’t be discounted as worthless. Please forgive me for the tongue-in-cheek nonsense I started off with, afterall it is Saturday, sun is shining, getting warmer ……….forgive me…….pretty please?

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