
04-18-2004, 04:12 PM
|
 |
♦*♥Moderatrix♥*♦
|
|
Join Date: Nov 2001
Location: on top of it all
Posts: 50,568
|
|
You are preaching to the choir here. What rips my hide is the fact that chain dept. stores offer incentives for people to get these cards and then charge then an exborbitant ampount of interest. Often the people who jump at the chance are the very same people who can least afford the outrageous interest charges. I don't use my credit cards anymore except for online and then very often I use paypal or a straight funding source, but the cards I have are all under 6% interest. Some of these stores charge people 21%. Once this lady a a clothing store bugged me asking, "Why don't you want to get our card? Don't you want to save 10%?", I told her she did not want to know why. She pushed, so I launched into a 20 minute lecture on how companies like the one she was working for were taking advantage of the very people who could least afford to be shafted, told her I had an ethical epiphany deciding I had best not shop there at all, and left. 
|