[rellimpank]

—those stupid enough to pay credit card rates of interest deserve to be poor-—pay it off before the due date and the rate is 0.00%—

[FES0844]

Just cut up your cards & send them back!

[muawiyah]

Credit card operators, particularly those doing business out of the old M-Bank operation in Delaware (the guys who pay off Biden to stop any legislation that might bother them) are regularly in the habit of entering bills into the mail just a few days before the "due on" date printed on the inside.

You'll notice that they are NOT REQUIRED to put the date of mailing on the mail piece.

That decision was made by the USPS in response to a request by the credit card operators in Delaware and North Dakota.

The bureaucrats who made the decision can be identified by name.

Oh, in case you missed the point, the bills for the cards arrive late enough that those who pay by mail probably don't get their payments in early enough to beat the "due by" date and thereby get hit with a "late fee" ~

This is all done by design.

The USPS should be required to require that a date of mailing be printed on the envelope of all First-Class Mail of a commercial nature.

And yes, whack the credit card operators ~ give them a standard of LIBOR +4.

[devere]

“pay it off before the due date and the rate is 0.00%—”

I usually pay from -1 to -5%; rebates!