Credit card companies make money on fees charge to merchants as well.

People live to live their lives even if they don't have the full means because they will build debt and probably will not pay it off when they die. Plain and simple.

100%, Yep, wise.

I hate the gov't . I would love the gov't if there was no taxes except war time

I am one of Andrew Cappocias victims. I was escaping an abusive husband and charged an appartment and a divorce lawyer. I paid this man $582/month for 2 years to help me make things right. He paid his fee, one card an then left town.He ruined my life-credit cards that I charged $2000 were now $5000.I'm a hardworking person,trusted a LAWYER to help who ran off with $14,000. He's destroyed my credit far worse than I could have on my own.I want my money back. This man is pure evil and a true con.

Capoccia had a massive ad campaign in newspaper and on radio and tv for a couple years in Upstate New York, for his "debt-reduction" services. He claimed to be able to reduce your debt levels dramatically, without putting you in bankruptcy, while charging only a "small part" of the savings. The ads were aimed at people who wanted to avoid bankruptcy — and, had enough money to afford his fees. blogs.law.harvard

debt collection agencies are very careful these days. its not possible to catch that out so easily anymore. debt just sits, and so do the collectors.

its like losing weight. burn more than you eat. i dont understand how ppl cant grab the concept of these basic fundamentals. you are exactly right. spend less than you make. dont buy the obnoxiously huge house that you can barely afford. living below your means = good.

I know one way that is guaranteed to work every time. Don't buy things you can't afford.

Cause its the company's that give money to candidates so they will win. Much like Chinese businessmen give money to candidates in the west that will ship work to China.

Recent news: Andrew Capoccia is currently in a federal prison in Pennsylvania serving his 188-month sentence. He has appealed his conviction and sentence. Among other things, Capoccia is arguing that trial errors entitle him to a new trial; that the court improperly ordered him to pay more than $7,000,000 in restitution and that the order forfeiting about $3,000,000 for the benefit of victims was illegal. The Government has vigorously opposed Capoccia's appeal.

I investigated what plkeadk said. It's true: blogs.law.harvardedu/ethicalesq/blame-bar-coun sel-for-the-capoccia-scandal/ replace with .

I'm trying to understand this. Credit card companies make money when card-hodlers make only their minimum payments. How can the law of the land allow card-holders to not fully pay their debt?

He sounds like a hero until I googled him and read the awful things he has done to his "clients".

He talks like a hero, but he's just as bad as the credit card companies and the banks. He scammed his clients by charging them "up front fees" then sent form letters for clients to use against the credit card companies.

He's a hero, sticking it to the man!

this guy has been disbarred for money laundering and fraud