Luann by Greg Evans and Karen Evans for July 12, 2015

Gotta love those kinds of scams.

Yeah, of course It’s “only” 27% interest. That’s because the banks and other companies are interested in getting their hands on your other 63%"…. – Yeah, they would love to “go green and recycle”- and they will … they’re just waiting on you to give it to them….

I started getting those when I was 16, and at a much better rate.

This really says something about you, Luann.

Rumor has it, the movie “Frozen” was going to be the story of two sisters who deal with one bank account…..

“Till Debt Do Us Part”“Three Card Monty Python”“Savings And Groan”“Interest Berating”“No Deposit, No Return”“A Test On Chapter 11”“Give Me Some Credit!”“Go Find My Funds”“Wreck-oncilliation”“Lien On Me….” (♫)or“Is There An Overdraft In Here?”

Remember the adverts for the first “gift cards”?One starred Ebeneezer Scrooge, a usury money lender, who was shown handing them out with abandon. (One recipient actually was shown putting the card to best use as an ice scrapper.)Few people appreciated the honesty of what they were seeing.

“Is recycling kind of like ‘laundering’?”^LOL, either way, your account will be cleaned!

Getting into the abyss is so easy….. And getting out is so hard… The only one who should go for it is Knute. I’d like to see Capital One try to get their money back from Knute.

Don’t forget the ginormous over limit and late fees. That’s another way the bank cleans your clock.

And now, with the new tax regulations, some are offered a choice of establishing a new card (a sort of debit) through a 3rd party bank for their refunds. That is, if they don’t want to “give up” their current bank’s routing number to receive the refund…

That’s better than what I was going to go with:“Big Money” by Rush:

“(♫)Big money goes around the worldBig money undergroundBig money got a mighty voiceBig money make no soundBig money pull a million stringsBig money hold the prizeBig money weave a mighty webBig money draw the flies

Sometimes pushing people aroundSometimes pulling out the rugSometimes pushing all the buttonsSometimes pulling out the plugIt’s the power and the gloryIt’s a war in paradiseIt’s a Cinderella storyOn a tumble of the dice…(♫)"

Yeah, that seems the right way to do it!!!-That way, it’s only whatever is absolutely necessary, and too, you don’t leave “room” for them, and also no room for the temptation to “buy now, pay later” (emphasis on the pay part)!

one trillion dollars in collage loan debt….and no jobs….no laughing matter..but a good cartoon…

What about Bilk Bank’s annual fee for the privilege of carrying their card? (None of my cards have one.)

BTW, Luann is wrong in presuming the bank wants her to pay in full every month. They want you to make only the minimum payment so they can rack up those interest charges. In fact, those of us who do pay the balance in full are considered “deadbeats” in the credit card industry, because they are making nothing but the merchant transaction fees. Yet, they can’t cancel you … so they are stuck hoping you’ll eventually need to use the card for an unbudgeted emergency expense and have to stretch out the payments.

But … boy, does paying off in full every month look good on your credit history when you need to take out a loan.

Usury was once illegal. Then its was merely ‘un-Christian’. Now it the backbone of the system.

Credit card scam, for sure. Don’t even get into debt, Luann and Bernice, because if you do you’ll probably never get out.Minimize use of any credit or debit cards and pay cash as often as you can.

I used to think I was deprived because I never had a credit card. Now I think I was blessed.

Good compilation!!!

M2MM. Gamblers’ anonymous – a12-step program similar to AA might be able to help, or direct her – IF she wants it. It really helps to have the support of folks going through – or having gone through – similar crises. Best wishes!

M2MM continued – direct her to an appropriate program or resource, I should have added.

The Money Shuffle, By Richard Thompson[]

I love kittens and little babiesCan’t you see that’s the guy I am?And your money is so safe with meYou never met such an honest manGlossies on my office wallThe rich and famous, I know them allCome on and do the money shuffleI’ve got you right there where I want youCome on and do the money shuffleCan’t find your money if you want to[]Stock market going through the roof nowSo rich I’ll never add it up nowI’ve got your savings here somewhere[]Here at Warbrook and Jones it’s all traditionWe never pimp and we don’t hustleIf you’ll just bend over a littleI think you’ll feel my financial muscle[]Spread it wide, wide as you canTo get the full benefit of my planI said, come on and do the money shuffleI’ve got you right there where I want youCome on and do the money shuffleCan’t find your money if you want to[]My God, the market’s in a free fallI’ll save my arse and skip the countryWish I knew the hell what I was doing[]This year, think I’ll skip MonteOne tires of the same old social sceneWith all the problems in the world todayThey’ll notice if my bonus is obscene[]Spread it wide, wide as you canTo get the full benefit of my planI said, come on and do the money shuffleI’ve got you right there where I want youCome on and do the money shuffleCan’t find your money if you want to[]Stock market going through the roof nowSo rich I’ll never add it up nowI’ve got your savings here somewhereCome on and do the money shuffleCome on and do the money shuffleCome on and do the money shufflle

It used to make me so mad. I wanted an American Express card, but they refused to even acknowledge my request! Yes, I had and full-time teaching job and always have had an A credit rating (600+) but they acted as if I did not exist! The year my son started college, however, living at home, unemployed and on my dole, he stared getting American Express card offers! They wanted him hooked on zero credit but never did offer me one.

Ohhhhhh.

The Gals are REALLY Laughing about “Never Being in Debt.”

Gee. For a Minute There, I Thought They were GUFFAWING about Frank’s Art House/Warehouse Project……,

Historically, usury was forbidden by the church for Christians. But, since Jews were not allowed to own land, they commonly became merchants and bankers.

How what starts? they aren’t gay……..

There’s a term banks use for people who DO pay off their credit card balance every month: “Freeloader.” I was one of those for a few years before I decided to cut my credit cards altogether and stick with one debit card so I’d only be spending my own money.

Speaks to something my Mom used to tell me about credit cards when I was growing up: “Unless you have to, never charge anything unless you can pay it off at the end of the month.” Wise words indeed.

If any of us charged then rates they do they would charge us with loan sharking and put us in jail.

I put EVERYTHING on a card. I pay it off every month, and they charge me no interest. Plus, they fly me to Europe each year with the points. Free money indeed, but not for weak minds.

“predatory lenders” people willing to extend credit to uncreditworthy.“I’s all YOUR fault! You knew I was a fool when you trusted me.”

The bank has targeted Luann because Frank’s application for a loan, in which he told them that he figured the warehouse project would cost about $70K, convinced them that this family knows nothing whatsoever about money.

Those days are baaaaack. And so the bubble before the next burst is beginning to expand. Stay tuned.

Nice glasses removing Bernice.

This is Great!

Bilk Bank.I wonder if they also issue the Massacard like the bank over in Candorville does…

Ummm…Luann is 18. She should have her own student checking and savings accounts that come with a low-limit credit card. All my kids did. Even if they live at home, they need to manage their money independently. ADULTS, folks! No longer kids.

Capitalism at its best.

Bernese looks like her chin is growing? Losing weight on college cafeteria food???

Well… I waited to get a credit card until I’d kept a job for 3 months. And over 14 years, I’ve only paid a few bucks interest (mostly through mistakes like paying on the wrong card, sigh…)

FANOLIO (Fan o’ Liò) said,The whole country of Greece fell for that scam. . . . . "-———————————With the Germans as the bank.

“Got Bilk?”^Like this one best!

SPOILER ALERT!!

Speaking of potential money pits, looks like Toni has finally found her ‘venue’. And someone guessed this a long time ago…

People who knew they would have to pay it back?

Oh, the sarcasm is just dripping from their speech bubbles.

Those notices really start pulling in once you start getting a real paycheck and your own bank account.