Ed Mierzwinski
Ed Mierzwinski
finding improvement seen slight
We've seen some slight improvement ... but we are finding too many playgrounds that are unsafe.
consumer encouraged lawsuits penalty pressure responding
I'm encouraged that some issuers are doing this. I think penalty fees are a disingenuous way of making money, ... I'm encouraged the marketplace is responding to pressure from lawsuits and consumer complaints.
based credit fix problem reports score sloppy underlying
Their score is based on their sloppy credit reports and doesn't fix the underlying problem with the reports.
cards increase trying
They are trying to increase the use of debit cards to increase their profits.
cards credit daily emergency interest life offer paying percent pizza start
Credit cards offer convenience. Credit cards offer emergency life preservers. If you start to use your credit card for daily expenses, and you start paying for pizza at 18 percent interest -- do the math.
cell company consumers early feet penalties phone prevent treats voting
Early termination penalties prevent consumers from voting with their feet when their cell phone company treats them wrong,
battle clear name prepared
Be prepared for a long battle to clear your name
bank cards compared diminished increase savings trying
As for the consumer, I think the savings is diminished compared to how much more the bank will make in these transactions. They are trying to increase the use of debit cards to increase their profits.
bank banks bigger create mergers studies
Bank mergers take away competitors and create bigger banks. The studies that we have done show that bigger banks have bigger fees.
designed everybody pays penalty prevent rate service shopping
A rate is something everybody pays for their service. This is a penalty that is designed to prevent you from shopping around.
bill committee consumers exact identity night protect rather sleep takes theft voting worrying wrong
Rather than voting to protect consumers, the Committee made things worse. All consumers should have the right to sleep at night without worrying about identity theft -- this bill takes us in the exact wrong direction.
companies money phone talks
Money talks and the phone companies know that.
business largest sloppy
It wasn't the largest breach, but it showed a stunningly sloppy business model.
buy credit increasing interest left minimum money pay people
By increasing minimum payments, people will pay off credit cards, won't pay so much in interest and will have money left over to buy things.