Why can't credit card companies understand by raising interest rates is not only hurts customers ...? - interest only interest rates
... but it also harms his own company.
The times are as bad as people are fighting for survival, but credit card companies increasing their rates, the interest may make it impossible for customers to make payments on time.
Companies and banks are laying off people, but if left untreated, so much financial harm to consumers, they would have a better chance to keep your business strong.
Saturday, January 23, 2010
Interest Only Interest Rates Why Can't Credit Card Companies Understand By Raising Interest Rates Is Not Only Hurts Customers ...?
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It is an activity for profit. Those who should pay their bills, to the loss caused by those who have not been created. Purely economic.
ReplyDeleteIt is a very good question, it seems that everything on credit cards rose Topsy Turvey, and most banks are in trouble, and instead it easier and more attractive for people to be more frequently used and "promoting economic oostensibly to do just the opposite and losing customers left and right.
ReplyDeleteAnother thing that I have been pperplexes credit scores made on your credit card in the old days, too many credit cards with the lowest score, because lenders know that consumers were able to all of these letters point and considered the riskiest borrowers . Now, most credit cards, best not to be trusted, and to cancel, you have a thing against their credit score.Doesn 't the old road sense?
80% of people pay their credit cards every month. So often, it really does not matter.
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