Comments on: Visa, MasterCard and Major U.S. Banks Sued Over Credit Card Fees http://www.legalnewswatch.com/605/visa-mastercard-and-major-us-banks-sued-over-credit-card-fees Stories That Impact Your Rights Sun, 12 Oct 2008 04:28:56 +0000 http://wordpress.org/?v=2.8.2 hourly 1 By: Katie Blane http://www.legalnewswatch.com/605/visa-mastercard-and-major-us-banks-sued-over-credit-card-fees/comment-page-1#comment-4045 Katie Blane Fri, 30 Sep 2005 03:45:40 +0000 http://www.legalnewswatch.com/?p=605#comment-4045 Also, this service includes helping a merchant get their daily transactions and reporting. This cost $$$. It also includes processing..making sure the money is in the card holder's account..this cost $$ as this is a huge system to generate. This service includes training the merchant and their emplaoyees on their terminal. People want everything for free these days. Unfortunelty, this country is increasing in debt and have to use their credit cards for purchases..this is not a free service on the merchants end. By the way, this law suit does not have anything to do with Credit Card issuing (to card holders)companies..sorry! Thats a whole other ball game my friend. Also, this service includes helping a merchant get their daily transactions and reporting. This cost $$$. It also includes processing..making sure the money is in the card holder’s account..this cost $$ as this is a huge system to generate. This service includes training the merchant and their emplaoyees on their terminal. People want everything for free these days. Unfortunelty, this country is increasing in debt and have to use their credit cards for purchases..this is not a free service on the merchants end.

By the way, this law suit does not have anything to do with Credit Card issuing (to card holders)companies..sorry! Thats a whole other ball game my friend.

]]> By: Katie Blane http://www.legalnewswatch.com/605/visa-mastercard-and-major-us-banks-sued-over-credit-card-fees/comment-page-1#comment-4044 Katie Blane Fri, 30 Sep 2005 03:33:32 +0000 http://www.legalnewswatch.com/?p=605#comment-4044 Banks have to charge these fees for their service. They also provide the creditcard terminals for these merchants..when these systems go down..someone has to get paid for their service. It's a service. Banks have to charge these fees for their service. They also provide the creditcard terminals for these merchants..when these systems go down..someone has to get paid for their service. It’s a service.

]]> By: Joe O'reilly http://www.legalnewswatch.com/605/visa-mastercard-and-major-us-banks-sued-over-credit-card-fees/comment-page-1#comment-4043 Joe O'reilly Thu, 29 Sep 2005 13:18:14 +0000 http://www.legalnewswatch.com/?p=605#comment-4043 I don't like banks i put my money in my old shoe box and then i won't lose it again like in 1931. Banks steal money and so do taxes I don’t like banks i put my money in my old shoe box and then i won’t lose it again like in 1931. Banks steal money and so do taxes

]]> By: Gabriel Fernandez http://www.legalnewswatch.com/605/visa-mastercard-and-major-us-banks-sued-over-credit-card-fees/comment-page-1#comment-4042 Gabriel Fernandez Tue, 27 Sep 2005 22:36:39 +0000 http://www.legalnewswatch.com/?p=605#comment-4042 PLEASE...If anyone knows where I can get an electronic copy or even a hard copy of the new (sept/2005)antitrust lawsuit filed by the National Association of Convenience Stores, the National Association of Chain Drug Stores, the National Community Pharmacists Association and the National Cooperative Grocers against Visa USA, Mastercard Inc. and dozens of major US banks, saying they colluded in setting excessive credit card fees; I would very much appreciate any information on how toget such lawsuit for my personal study. PLEASE…If anyone knows where I can get an electronic copy or even a hard copy of the new (sept/2005)antitrust lawsuit filed by the National Association of Convenience Stores, the National Association of Chain Drug Stores, the National Community Pharmacists Association and the National Cooperative Grocers against Visa USA, Mastercard Inc. and dozens of major US banks, saying they colluded in setting excessive credit card fees; I would very much appreciate any information on how toget such lawsuit for my personal study.

]]> By: Hugo A. Villegas http://www.legalnewswatch.com/605/visa-mastercard-and-major-us-banks-sued-over-credit-card-fees/comment-page-1#comment-4041 Hugo A. Villegas Sat, 03 Sep 2005 12:27:26 +0000 http://www.legalnewswatch.com/?p=605#comment-4041 If anyone knows about a class action law suit by consumers against banks for charging exhorbitant fees and manipulating the date on ehich to post charges to create overdrafts. I would be very happy to join. If anyone knows about a class action law suit by consumers against banks for charging exhorbitant fees and manipulating the date on ehich to post charges to create overdrafts. I would be very happy to join.

]]> By: Phill http://www.legalnewswatch.com/605/visa-mastercard-and-major-us-banks-sued-over-credit-card-fees/comment-page-1#comment-4040 Phill Wed, 31 Aug 2005 03:40:48 +0000 http://www.legalnewswatch.com/?p=605#comment-4040 I can;t believe how the banks are going down in their business practices. I see the time where the banks are going to buckle. Not right away but later. We the consumers need the rights that needs to be defended. If anyone who voted republican and for Bush needs to be bankrupt. I am delighted to tell you this. This high prices on credit cards and gas will eventually buckle. mark my words!!!!!!! I can;t believe how the banks are going down in their business practices. I see the time where the banks are going to buckle. Not right away but later. We the consumers need the rights that needs to be defended. If anyone who voted republican and for Bush needs to be bankrupt. I am delighted to tell you this. This high prices on credit cards and gas will eventually buckle. mark my words!!!!!!!

]]> By: Felicia Johnson Stevens http://www.legalnewswatch.com/605/visa-mastercard-and-major-us-banks-sued-over-credit-card-fees/comment-page-1#comment-4039 Felicia Johnson Stevens Fri, 19 Aug 2005 04:13:42 +0000 http://www.legalnewswatch.com/?p=605#comment-4039 Recently I obtained a credit card from a mastercard company called GOLD MASTERCARD. Before I could purchase a item or even activate the card I was aready in debt with this company. Maybe I did not read the small writting in detail or maybe I should have hired a lawyer to repersent me just to file a simple application out. But it seem to me that a small person like myself should be considered when these big companies form all these fantsy words to rob the very fibers of society. ME Recently I obtained a credit card from a mastercard company called GOLD MASTERCARD. Before I could purchase a item or even activate the card I was aready in debt with this company. Maybe I did not read the small writting in detail or maybe I should have hired a lawyer to repersent me just to file a simple application out. But it seem to me that a small person like myself should be considered when these big companies form all these fantsy words to rob the very fibers of society. ME

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