Meh. We have switched to credit card anyway. Pay the balance in full every month and rack up the rewards points.
Thats the same thought process the gun control crowd uses. Just like guns, not everybody with a credit card is irresponsible.
No work at half pay. I wish I could get a deal like that.
This.
I don't know if I could live on half pay. I would probably be forced to get two of those jobs to make ends meet.
According to Michael Moore, all the money belongs to all the people, especially the money that the wealthy have. He says it is a National Resource.
I guess his money he made off his stupid documentaries is exempt, just like all the tree huggers are exempt from their ditzy ideas.
I guess his money he made off his stupid documentaries is exempt, just like all the tree huggers are exempt from their ditzy ideas.
I agree with those who believe that the government need to butt out of business. People who try to make an issue out of the interest banks charge on credit card balances have no one to blame but themselves. No one twisted their arms to make them us the damn things in the first place.
I haven't paid a pennies worth of interest on credit card debt because I don't use them. I carry a couple of debit cards and an emergency credit card and that is it. But, stupid ole me, I live within my means and only buy what I can afford and need -- or really, really want.
I say if you run up credit card bills and don't like the interest, then quit using them, pay the bill off and shred the darn things. What some people fail to realize is that credit card debt is unsecured debt. There is no real-estate or other collateral to protect the bank/credit card company, just the good faith of the person using the card. Much of the high interest charged is due to the cost to banks from losses and cost to collect the bad debt. Of course, banks will also charge as high of an interest as the dummies who use their cards are willing to pay. I say if you are stupid enough to agree to a 15% interest rate then that is your fault and not the bank/credit card company.
I have had people suggest to me that they didn't understand the fine print. Well, golly gee, if you don't understand the fine print and/or didn't even bother reading the fine print, then why did you sign the credit card agreement in the first place?
I have a son and two nieces who work for financial institutions. It is unbelievable the hoops financial institutions have to jump to administer the recent new federal bank regulations. All this new regulation will really do is make it more expensive to provide banking services and credit. It won't result in lower fees and smaller bank charges. It will simply result in higher fees and higher bank charges.
I always ask those who complain to me about high credit card interest rates if they will loan me a $1,000 on an unsecured note? I haven't had any takers yet.
I haven't paid a pennies worth of interest on credit card debt because I don't use them. I carry a couple of debit cards and an emergency credit card and that is it. But, stupid ole me, I live within my means and only buy what I can afford and need -- or really, really want.
I say if you run up credit card bills and don't like the interest, then quit using them, pay the bill off and shred the darn things. What some people fail to realize is that credit card debt is unsecured debt. There is no real-estate or other collateral to protect the bank/credit card company, just the good faith of the person using the card. Much of the high interest charged is due to the cost to banks from losses and cost to collect the bad debt. Of course, banks will also charge as high of an interest as the dummies who use their cards are willing to pay. I say if you are stupid enough to agree to a 15% interest rate then that is your fault and not the bank/credit card company.
I have had people suggest to me that they didn't understand the fine print. Well, golly gee, if you don't understand the fine print and/or didn't even bother reading the fine print, then why did you sign the credit card agreement in the first place?
I have a son and two nieces who work for financial institutions. It is unbelievable the hoops financial institutions have to jump to administer the recent new federal bank regulations. All this new regulation will really do is make it more expensive to provide banking services and credit. It won't result in lower fees and smaller bank charges. It will simply result in higher fees and higher bank charges.
I always ask those who complain to me about high credit card interest rates if they will loan me a $1,000 on an unsecured note? I haven't had any takers yet.
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