Monday, May 11, 2009

Cartoon of the Day -- Excessive Credit-Card Rates?


Credit-card issuers have been vilified. These "monsters" have been slashing credit limits, instituting fees, and raising interest rates to levels that would make the mafia blush. So it's not surprising that editorial cartoonists have had plenty of material to work with lately.

Here are a few recent cartoons from Stuart Carlson (hat tip Shawnee, via creditboards, for the excessive rates cartoon):





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  • See More Cartoons of The Day Here
  • 13 comments:

    1. Maybe the card of Damocles is held up by a carbon nano-fiber instead of just plain old horsehair.

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    2. Athensguy, the carbon nanofiber is only for the Centurion :).

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    3. Your comment reminds me of the Black Visa -- the card that has an annual fee of $495. My goodness, how many suckers bought into that one? Ooh, but it is pretty. Carbon fiber or other. The benefits, though? Not so good. Not for $495 a year.

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    4. These are great! I especially the Damocles analogy.

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    5. It's getting hard to keep up with the credit card related cartoons these days, isn't it. I enjoyed Dilbert's "and thus ended capitalism" cartoon yesterday.

      http://www.dilbert.com/strips/

      b_in_sc

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    6. SC, thanks. I missed that one.

      http://www.dilbert.com/strips/comic/2009-05-10/

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    7. The line about growing food in his car was great. Just a few days ago, I read an article about a man growing vegetables in his RV.

      b_in_sc

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    8. Since when did the Gold American Express card operate on the Mastercard network?

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    9. Azntg, but it is the American Excess card. ha!

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    10. I just thought that the inclusion of Mastercard Venn Diagram flag on the bottom left of the American Express Gold card was weird.

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    11. ... is it Amex, Visa and Mastercard or the ISSUING BANKS that set individual rates, fees, etc.

      cough cough they don't issue credit, your bank does.

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    12. Increase in annual fees and interest rates as well as reducing credit limit are banks countermeasures to the credit card bill 2009. But we should not complicate things. There are still some banks out their who can give us what we want. We have several options. If we do not like our current credit issuer, simply find another one.

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    13. Last year, state agencies and University of Wisconsin institutions charged $161.7 million on more than 18,000 credit cards held by state employees.

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