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To: dalereed
Makes no difference, anyone that doesn’t pay their credit card bill 100% every month on time should have their card revoked.

Sure, and companies shouldn't be allowed to issue short-term commercial paper.

Feel free to start up your own bank or thrift and require all your credit customers to pay in full every month [i.e., the AMEX charge card model]. However, for all the folks who can't pay their balance in full every month for a perfectly legitimate reason, it's their choice, and so long as they are abiding by the cardholder agreement, there is nothing wrong with their actions, and their card should not be revoked (unless, of course, they do something stupid...like failing to make timely payments greater than or equal to the required minimum payment).

92 posted on 01/13/2009 2:31:18 PM PST by rabscuttle385 ("If this be treason, then make the most of it!" —Patrick Henry)
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To: rabscuttle385

People like you are why we desperately need a depression!


93 posted on 01/13/2009 2:49:19 PM PST by dalereed
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