Banks Avoid New Credit Card Regulations By Increasing Debit Card Fees

[Sstashmoo]

Master of misinformation.

Yeah, everyone is going to stop using their debit cards.

Quote: "These corporations, unless you regulate every angle, will find some loophole to screw their customers. "

Didn't you mention you own a business on another thread? If you are incorporated, an S-corp or an LLC, you are a "corporation", unless you aren't, then you really don't have a business and you are self-employed.

[Lorax]

Master of misinformation.

Yeah, everyone is going to stop using their debit cards.

Quote: "These corporations, unless you regulate every angle, will find some loophole to screw their customers. "

Didn't you mention you own a business on another thread? If you are incorporated, an S-corp or an LLC, you are a "corporation", unless you aren't, then you're self employed.

Yes, I own several, and am partner in several.

We don't take credit or debit cards. And haven't for 25 years.

If you don't have a check, money order, or can initiate a wire transfer, you can't do business with us.

We use banks as they were intended to be used, as a clearing house for incoming funds, and as a convenience- to us.

When banks started selling "products" we knew the end was near.