New Credit Card Law May Result in Redbox Price Change - High-Def Digest Forums
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Old 09-21-2011, 04:47 PM
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Default New Credit Card Law May Result in Redbox Price Change

Analyst Eric Wold says we may be looking at $1.25 in the near future.

http://www.homemediamagazine.com/red...l-fee-25-25119
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Old 09-21-2011, 05:48 PM
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Might as well. Everything else is going up in price.

I'm going to quote Spartacus here but

They spread cheeks for deeper ramming!!!
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Old 09-21-2011, 05:53 PM
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It's the only a dollar price magic that works so well. If it's $1.10, then the magic has disappeared.
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Old 09-21-2011, 08:55 PM
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How nice of "our" legislators to pass a law which works to the disadvantage of the people while favoring the credit card companies. Too bad we can't bribe them with as much money as the banks can.
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Old 09-22-2011, 07:21 AM
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Everytime the govenment gets involved on the so called behalf of the consumers, the consumers get screwed.
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Old 09-22-2011, 08:27 AM
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To quote one of my guilty-pleasures: They F YOU at the drive-thru, okay? They F YOU at the drive-thru! They know you're gonna be miles away before you find out you got f*ed! They know you're not gonna turn around and go back, they don't care. So who gets f*ed? Ol' Leo Getz!
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Old 09-22-2011, 09:07 AM
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I *thought* the intent of the law was to limit the fees charged by the CC?

Quote:
Eric Wold notes that the average rental earns Redbox $2.20
What what what? They grow money? A $1.00 rental earns $2.20? Arthur Anderson at work here?

Last edited by Krawk; 09-22-2011 at 09:25 AM.
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Old 09-22-2011, 09:22 AM
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Quote:
Originally Posted by Krawk View Post
I *thought* the intent of the law was to limit the fees charged by the CC?
That's called politics. You tell the people what they want to hear and then do as you please until the next election
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Old 09-22-2011, 09:30 AM
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Quote:
Originally Posted by CrazyChemist View Post
To quote one of my guilty-pleasures: They F YOU at the drive-thru, okay? They F YOU at the drive-thru! They know you're gonna be miles away before you find out you got f*ed! They know you're not gonna turn around and go back, they don't care. So who gets f*ed? Ol' Leo Getz!
why would this be a guilty pleasure? it's awesome
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Old 09-22-2011, 10:11 AM
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It's not the bank or credit card companies fault. The government stepped in to "protect" idiots that were having to pay ever increasing over draft fees, atm convenience fees and other fees that most responsible users never faced. It's only natural when the government shut that door of revenue that the banks would look for another one ie increased fees on checking accounts, credit/check card transactions and other areas that were ,until now, not generating revenue. And when the banks raise fees on companies such as Redbox then Redbox either has to eat the profit loss or pass the fees onto the customer. So the government punishes the masses to protect the few irresponsible bad apples.
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