[A. Pole]

I pay off my credit cards in full each and every month. :)

People who "pay off [their] credit cards in full each and every month" bring loss to the credit card companies. For this loss other credit card users must pay :)

[dfwgator]

People who "pay off [their] credit cards in full each and every month" bring loss to the credit card companies. For this loss other credit card users must pay :)

True, but they still benefit from me using the card over using cash, because they get a cut from the vendor on the sale.

[brownsfan]

"For this loss other credit card users must pay :)"

Actually, you pay a little. When my kids were younger, I used to carry a small balance on my card. They got older, my wife went to work, I changed cards to one with better terms. I never carry a balance, my credit rating took a hit. It's still good, but they dinged me.

[GregoryFul]

Are you sure that CC companies loose when one pays off the card in full every month? It is hard to imagine that with the 3% of the charges they get from retailers, that they would loose - it shouldn't cost very much to service an account these days.

[Cementjungle]

People who "pay off [their] credit cards in full each and every month" bring loss to the credit card companies. For this loss other credit card users must pay :)

I would be willing to bet that card users are paying more for the costs of others' defaults, rather than for the people not financing balances.