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Vinnie's avatar

My credit card companies are threatening to cancel unless I use my cards with zero balances fro past 5 years.

Used one, received new terms of service:

35% INTEREST RATE

$41.00 late fee...

Why is no one outraged?

Isn't that literally Loan Sharking?

Now, if I cancel, I loose my high credit limit and access to credit in an emergency.

Something smells very rotten.

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AKcidentalwriter's avatar

Nothing here! This is all part of the script tease of to burn the dollar down. Alot of money being made here. As I said the money was never made to be paid back. It has been a great party for many decades. Those interest had a great run.

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