Class Action Suits

Class action suits seem to be all the rage these days. I am only stating this because I am part of three different suits. The odd thing about the whole thing is that I have absolutely no idea why.

If it is meant to be, our hearts will find each other when we meet. And if our hearts melt together so will our bodies and souls. Then every word and every touch will fuel our passion flame. I will be yours, you will be mine, and we will be one."
Author: you and me by lsc

Part of the problem with some class action suits is that those of us in the class havent been paying too much attention.

In fact, one of the class action suits has me looking a lot closer at my monthly credit card statements. It seems that a certain retail giant that offers credit cards to its customers was doing a little underhanded dealing with our interest rates. The rate was being raised without notifying the cardholders.

The sad thing about this is that many of us had absolutely no idea that this was going on at all. It wasnt until I received the details about the class action suits that I became aware of the hiked interest rates.

"The dream never dies, only the dreamer."I'm not sure if my Momma made this up or was told this by someone else. But she always uses it when times get tough.
Author: J. Mooney

I looked at my statements from the past and I got out my calculator to determine the damages.

After a lot of head-scratching and adding, multiplying and subtracting I discovered that I really didnt lose out too much on the hike. I could have, though, if my card were more active. The good thing was that I didnt carry a balance from one month to the next during most of the year.

The class action suits have me looking very closely at my monthly statements and they have me inspired to read the fine print. I discovered that a 0 interest credit card that I was carrying gradually increased to a 12 percent interest card over the course of a year. This is all perfectly legal because it was in the fine print on the agreement.

While these things can be really detrimental to many cardholders, I was fortunate enough to start looking into things. The class action suits really brought things to light for me and I am glad that I have an opportunity to take my borrowing a little more seriously from now on.

One of the class action suits has been settled. This is the one with the retail giant. I received a gift certificate for 17 dollars and some odd cents. I wound up spending 50 bucks in the store when I used the certificate. Oh well, at least I got the real payoff from the class action suits. I know to do some research and track my bills when I use credit.

the best memories are the ones you can't explain and end up saying "you had to be there."
Author: unknown