Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
I do sympathize to a degree with those that were victims of unscrupulous practices- like Chase going back on their word last year and changing "X% for life of balance transfer." But I think the NY attorney general took care of that.
For those that charge up in excess and then feel they don't have an obligation to pay it back is wrong. There is no plus without a minus. If one person flakes on paying their bill, that is taking away from others (lately we're seeing that in the form of higher interest rates for everyone because of so many defaults). It really bothers me when someone borrows money and feels they shouldn't have to pay it back- that is stealing. There may be exceptions like medical bills and other truly unforeseen catastrophic expenses, but usually it seems people get into credit card trouble because they were living above their means.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
Current Cards: American Express:
Blue Cash, Simply Cash Bank of America:
WorldPoints Platinum Plus Chase:
Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi:
Thank You Premier, Dividend Platinum Select Discover:
MorePrimary Everyday Card: American Express Blue CashPrimary Travel Card: Chase Sapphire Preferred