66% Don't Pay Attention To Credit Card Changes

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Mogul of Pineapples
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66% Don't Pay Attention To Credit Card Changes

Postby Mogul of Pineapples » Wed Mar 04, 2009 2:09 am

An AP article points out that 66% of cardholders don't even pay attention to the changes on their credit cards; things like higher interest rates, minimum payments going up, reductions in credit limits and others.

The Associated Press: Survey: Credit card holders inattentive to changes

This is pathetic if 2/3 of us don't even pay attention to such important financial things in our lives. No wonder our economy is where it is today.
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.

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Extreme z28
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Postby Extreme z28 » Wed Mar 04, 2009 1:18 pm

Guess the ones like me which are looking into their credit cards at least once a week are special :ppp or paranoid lol

DGenerateKane
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Postby DGenerateKane » Wed Mar 04, 2009 3:30 pm

Extreme z28 wrote:Guess the ones like me which are looking into their credit cards at least once a week are special :ppp or paranoid lol


I check the two I use daily. I don't normally pay attention to minimum payments or interest rates though because I pay in full every month so it doesn't affect me any.

Floppster
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Postby Floppster » Wed Mar 04, 2009 6:38 pm

Extreme z28 wrote:Guess the ones like me which are looking into their credit cards at least once a week are special :ppp or paranoid lol


One a week ? Paranoid ?? I check everything 3 times a day. I think I can tell you everything about my CC Terms .... :D
Intellectuals solve problems. Geniuses prevent them.
- Albert Einstein 1879-1955



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