OH seems to question it. It seems to be the keystone of his argument for why CC companies should get exceptional treatment relative to other businesses that equally fuck society with shady marketing tactics.

No one forces you to get a credit card. If "entering a business deal" is poor wording what would you suggest?

Back to the OP. Try and keep your debt below 30% if you want a nice FICO bump. :thumb:

FICO bump = good.

But I already have good credit and this is way more interesting and so far its been civil.. :D

Wanna piss off red meat voters? Use the word regulation. So ironic that we'd all benefit from it.

Find it yourself. Look up history of usury and ethics of lending and banking practices.

On being educated, some things seem so simple you think it’s street smarts but in fact you were taught certain things. An uneducated person might not understand what interest is, how a percentage is calculated, or even what a percent is. The way you argue is tedious and not worthwhile once you start trying to pick apart an unassailable thesis. It’s universally agreed upon that people well versed in banking ethics and practices should not exploit laypersons beyond traditional rates which run from around 3 to 10%.

As for comparing our banks to every other industry: no thank you. Every comparison is tedious false equivalency although elph is right that unethical business practices should be scrutinized across the board.

Damn. Nailed.

If your thesis of "look it up, it's tradition" doesn't stand up to scrutiny, then it's assailable.

All I’m saying is that lenders shouldn’t bend people over just because they can. If you got an issue with that knock yourself out.

I take issue with your lackluster justification of tradition because that's a cheap conservative move that's not usually a part of your style on top of being fallacious.

The only thing tedious here is you making claims youre not willing to provide evidence for. I've already admitted I'm relatively naive to the subject. I'm also totally willing to read the evidence for your claims and further educate myself.

I'm not arguing that they shouldn't exploit people and I never argued they are equivalent, but it's still a fair analogy.

I agree with the bolded.

You probably signed up for it somewhere without realizing or someone opened it using your name. I can't find any evidence that CC companies can just force you into a line of credit you didnt sign up for.

Also, I know people who have been denied credit cards because of their bad credit, so isnt that comparable to the bartender analogy?