Quote:
Originally Posted by The Batlord
I'd be curious to find out what percentage of credit card company money comes from responsible, financially stable people who don't get caught up in a spiral of debt and how much comes from the people who get screwed.
|
Count me in the latter category. But I'm not blaming anyone. I wasn't a teenager when I got a credit card (several, in the end) and I knew damn well what I was doing. The companies just make it seem easy by saying "oh you only have to pay back this (minimum) amount each month", which you do (or I did, anyway) and somehow the exorbitant interest gets all forgotten about, till suddenly your 500 euro bill is becoming 1000 and the monthly payments are getting larger, and then finally, they tell you they're through ****ing with you. You missed some payments, so hand it all over. How? Not their problem.
But, not their fault. If you get a c/c you HAVE to be aware of how it works, generally, and if, like me, you choose to ride the system to see how far you can get, you deserve all that happens to you. As I did.
Far, far, FAR worse are these ****ing Payday Loan companies, with their 1000 percent-plus APRs! ****s. Should be illegal. Talk about preying on the weak, stupid, those without any sense of foresight and, of course, the desperate.
