On Credit

@BlackBay (584)
Canada
March 5, 2007 12:31pm CST
It seems that stores and banks want to get you to buy on Credit,real money seems to be a disappointment for them. When stores ask if your purchase is going on their card or not, or would you like to apply for their card. Do you shop on Credit? Are you deep in Debt? Or is Cash the best for you?
1 person likes this
2 responses
@SageMother (2277)
• United States
5 Mar 07
You know, of course, that they do this so they can get you paying extra money with interest that is due. Kaiser, the "health provider"...I use that term loosely, started trying to entice folks into getting a "health" credit card. If you use the card and miss a payment, it is a way for them to get access to your credit report. You see, medical bills are usually not reported to the credit companies but if you are using their credit card it is ALL reported. Another thing they have com e up with is setting people up with "health savings accounts". Well, what that means is they already have your money in their bank and THEY get to keep the interest. YOu have to have a jaundiced eye when it comes to all these little plys to keepou from using flat out cash. These companies make much more money from you if you have to pay them interest.
1 person likes this
@lakrima (23)
• Italy
5 Mar 07
Cash it's always the best
1 person likes this