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Originally Posted by DBlain  I guess if someone has no self control on spending that would be another good reason not to have a cc. Some cards have high interest rates so that could be a considered a rip off, but when paying it off each month that's never a problem. I just love the rewards I get but most of all it's the peace of mind knowing that retailers don't have easy access to my bank account. |
You have to understand that the majority of people can't/don't pay off their CC in full every month. It's not always about no self control. Sometimes things come up. That's what the CC companies are banking on.