It feels good doesn’t it.
If you are in debt you put yourself into bondage to those that hold the debt. You were in worse shape than I was when I woke up to what my credit cards were costing me. I have not paid interest on a credit card for close to 30 years.
Oh, by the way, the credit card companies still make money when I charge (the merchants has to give up about 5%, also I believe it is in their contract that they can not give a discount for cash payment.
It feels damn good.
I’m now getting mail solicitations from a certain company I shall not name, for one of their Platinum Preferred/Freedom cards (or a very close name to it).
I would NEVER take their card even if they gave me a $100,000 limit and 50 years interest free because, years ago I got a card from Washington Mutual at 9.99%. This company bought WM and within 30 days closed the account and upped the rate to 32%. I had a $5800 balance on a $6000 card.
I called them and they basically told me to go to he*l. I swore if I was ever in a position to get their card, I’d tell them to pound sand.
I’m doing that and THAT, my friend, feels good.