When I purchased my shiny new Apple laptop a year or so ago, I did it through their credit line at MBNA. I didn't pay it off during the allotted "free" time, so I got banged with interest payments. (That was my own doing so I can't complain about it.)
However, in order to keep up with the payments, I put it on auto-pay. Tonight I looked at my account, and found out that I overpaid about $1000, because although the thing was closed, they still kept taking my money. I called them and am getting a check back in a few days.
But that isn't the point. These motherf*#kers CHARGE THE LIVING SH!T out of people in interest, and if payment's a nanosecond late, they send the party to collections, or have some a##hole call at 8 in the morning. Am I getting interest on the grand they held for over a month? Nope. Can I awaken the chairman of MBNA at 6am to ask where my money is? No. I also believe it should be illegal for them to take money against an account that is paid off.
I'm not sure I have a point in this, as I'm just ranting. But one thing's for sure... the personal tip, MBNA will never ever see one thin dime from me, ever again. On a different level, with the multinational banks and the wealthy gaining more and more control, we only have more of this screwing of the middle and lower classes to look forward to. Sadly, most will never notice the fleecing because they're too busy fighting the Pyrrhic "culture war" against gay rights or the teaching of evolution.
Ahhhh. That makes me feel better.
(BTW, if you don't agree with me don't waste your energy posting a comment. Not only could I give a rats ass, it won't be approved, and nobody will see it. I'm not interested in dialog with Republicans, Evangelical Christians, or idiots of any other sort.)