Courtney Love Endangers Economic Recovery

31. Never had one problem with my AMex card.
I use it all the time and I have the lowest interests rates on this card (under 9%) than I do on any of my other credit card I use.
I have 10 cards, 7 with no balances on them and none of the cards have reduced, revoked, or changed my benefits.

Posted at 10:13AM on May 28th 2009 by Legal 420

32. If amex gave her that much money, they should eat it. How stupid can they be? Same with people who bought houses they could not pay for. How stupid can these inner city liberals be??????????????

Posted at 10:21AM on May 28th 2009 by Jake

33. These comments make me laugh.

Number 1: This letter is obviously a joke and AMEX did not ask for a bailout because Courtney Love ran up her credit card bills and didn't pay. This is absurd and I cannot believe anyone would not realize this is a joke.

Number 2: Those who what AMEX to burn because they have compounding daily interest need to read the credit agreement you have made with the rest of your credit card companies. Compounding daily interest is the norm for a credit card. Each day you carry a balance (ie. you don't pay it in full each month) your balance accrues daily interest charges. This goes for ANY credit card and even car loans. This is why when you pay off a credit card or loan you need to ask for a pay-off balance.

Number 3: Lawsuits and court cases are a matter of public record. As soon as a lawsuit is filed, anyone can see what it's for as long as they know how to read the court documents. This is probably how TMZ obtained this information.

I think anyone who can run up $3 million on their credit card deserves to be sued for said amount. Credit Card companies aren't charities. They are in a business, and before you sign up for ANY card they give you their policies and by using the card you agree to their policies. It's not their fault you didn't read them. That's your own stupidity.

Posted at 11:19AM on May 28th 2009 by funny

34. 75% is probably interest and late fee charges from the predatory credit card companies.

Posted at 11:20AM on May 28th 2009 by Sapphyre

35. (B) U owe me a Gm

Posted at 11:30AM on May 28th 2009 by lost the bet.must comment--MM

36. If American Express let her account get that high, they deserve to EAT the balance. But of course, since they're getting bail out money from the government, WE are all payijng for Ms. Love's AmEx bill.

Who's laughing now?

Posted at 11:34AM on May 28th 2009 by Jim

37. What does how Amex runs and manages their company have to do with the fact that Courtney Love owes and is refusing to pay over 300k in debt, which is the actual story? It's people like her, who think they are entitled to run up debt and then not pay what they obligated themselves to pay that are forcing the credit card companies to increase interest rates and cut credit limits. Keep in mind Amex is a business, and as such are taking steps to put things back to the way they should have always stayed - if you can't afford it, don't buy it.

Posted at 12:12PM on May 28th 2009 by Mary B

38. What was Burt Kocaine thinking when he married that hooah?

Posted at 12:19PM on May 28th 2009 by Tyrone Jefferson

39. Ok, I can't stop lauging long enough to get past post #6 and 8 for thinking the letter was actually real. Lord love a duck, c'mon how gulliable are you people? April Fools in May I'd say. Oh I would highly suspect she's big in debt but that letter is fake!

Posted at 12:42PM on May 28th 2009 by Terri

40. LMAO that letter is soooooooo fake!

Posted at 12:42PM on May 28th 2009 by Terri

41. 1.) Whoever is reading this like it's an actual letter from AmEx is a TARD. You're reading a TMZ article, you douches, written by a TMZ staffer.

2.) Whoever is using this article to bash Obama is also a TARD: Obama's been in office for a grand total of four months (not even), and you're already whining that he hasn't magically fixed everything? I know it's super hard to be patient, kiddies, but maybe you oughta act like an adult and actually give it some credible time before you start complaining.

Posted at 12:59PM on May 28th 2009 by DS

42. R- I am scoffing at you and what a stupid loser you are. The post was obviously satire. Rare for TMZ, but you can't be that dumb. Love owes the $$, but AMEX did not write Obama. Wake up.

Posted at 1:13PM on May 28th 2009 by hahahloser!

43. 12. Cliff...get rid of the card and go get a Bank of America card. I dont carry a balance and pay on time and they havent reduced my limit at all. Good Luck the good always get punished MORE than the bad it sucks.

Posted at 11:41PM on May 27th 2009 by LuvF1

Nope, LuvF1, B of A is doing the same thing; they're cutting lines across the board. I have a credit score over 800 and B of A reduced my credit line 50% despite the fact that I've never been late and pay my balance off every month. I promptly called them and canceled my card. Apparently, if you don't use "enough" credit, they'll reduce you. So how's that for using your credit "responsibly?" When my CD expires, I'm pulling all my money out and want nothing to do with that POS bank.

Posted at 1:20PM on May 28th 2009 by BAC sucks big time

44. Amazes me that people aren't getting the satire. The joke's on you dumbas*es. As for Courtney, she owes the money, she should pay it but AMEX is partly to blame for giving a troubled drug addict the all those cards in the first place. She's been having financial problems for a while now. Her home was even in foreclosure.

Posted at 1:54PM on May 28th 2009 by ronnie

45. the faux letter thing is so not funny.

Posted at 3:01PM on May 28th 2009 by tete