[abb]

I don’t know how much longer they’ll continue to let guys like me to milk the system...I’m hearing rumors that card companies are dropping unprofitable card holders.

Someone will provide the service. Even if it is a loss-leader for them, they probably have data that show that sooner or later even us "disciplined" types fall off the wagon and pay the 24% interest for a cycle or two.

[STONEWALLS]

” Even if it is a loss-leader for them, they probably have data that show that sooner or later even us “disciplined” types fall off the wagon and pay the 24% interest for a cycle or two.”

....I expect you’re right...it’s like what the casino boss said to the craps shooter....”sooner or later your luck’s gonna run out, and when it does; I want it to be at my tables.”

[6SJ7]

24% interest rates on credit cards. Rates the Mafia could only dream about. And to top it off, the Mafia has never had a bailout from the government courtesy of the taxpayers.

[dalereed]

“Even if it is a loss-leader for them, they probably have data that show that sooner or later even us “disciplined” types fall off the wagon and pay the 24% interest for a cycle or two.”

Bull shit!!!

In my 72 years I have never paid one cent in interest for anything that I have bought except our first home.

I have a credit card with a $30k limit that I have had for 25 years that I charge $3-4k/month and pay off every month.