I haven’t paid on my credit cards in 6 months....because I paid them all off.
Fantastic if you can. What about those that lost their job and unemployment? They can’t pay it off.
It’s a low grade racket. When my mother passed I started getting calls from collection agencies for outstanding debts.
The problem was she didn’t have any and in her last years was not capable of charging anything. A little research in to the companies showed they are all under charges for fraud in one state or another. They are just so low on the food chain that they mine the obits and call named relatives to see what they can get.
You don’t need credit if you pay as you go.