Comments on: Consumer Financial Protection Bureau (CFPB) Probe May Cost Discover Credit Card Company Over $100 Million

By: Charlene

Charlene — Wed, 21 Mar 2012 15:56:40 +0000

It seems like all of the credit cards have issues with presenting these fee based services as “free”. I know over a number of years we have gotten a lot of calls asking us to sign up for “free” services with credit cards when more questioning revealed they were only free for a trial period.
Hearing that this is a big problem with Discover will definitely discourage me from using them.

By: Tony Lee

Tony Lee — Sat, 10 Mar 2012 03:33:07 +0000

Another story about Discover, they have been going down hill since the last time something like this happen. I fould that the payment system was a little mess as well when I was once a holder of that type of credit card. I recommend Master card if your going to use a credit card and everything. Its so much easier!

By: Cari Beaque

Cari Beaque — Tue, 31 Jan 2012 01:26:57 +0000

Yeah Discover was sued in 2010, I think. It was because its telemarketers failed to tell consumers when they were agreeing to purchase optional, fee-based services, including payment protection. Discover entered into a consent judgment in November to settle the lawsuit and earlier agreed to a preliminary settlement of eight class-action cases challenging its marketing tactics, regulatory filings show.

By: Ashley Cooley

Ashley Cooley — Tue, 31 Jan 2012 00:34:48 +0000

Aww you guys! I LOVE my Discover card! Hehe

By: Michelle DuBois

Michelle DuBois — Tue, 31 Jan 2012 00:32:52 +0000

Great post! Discover has addressed some of its shortcomings. Since 2010 alone, the number of merchants that accept Discover has increased by 7%. The company banked on this in a big way during the fourth quarter, where DFS saw an 8% bump in sales volume on its cards. Discover’s cash-back rewards also have proven an attractive lure to consumers looking for ways to squeeze out an extra buck.

By: Brian Duffy

Brian Duffy — Tue, 31 Jan 2012 00:31:47 +0000

The first time my girlfriend flashed her Discover card in front of me, I laughed and blurted out, “Who uses Discover?” The waitress didn’t do me any favors when she said my significant other’s plastic wasn’t any good there.

By: Rebecca Lindquist

Rebecca Lindquist — Tue, 31 Jan 2012 00:30:15 +0000

The funny thing is, I haven’t heard of anyone using a Discover card in such a long time! Usually it’s Visa, MasterCard, or AMEX. I was beginning to forget that Discover even existed!

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