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Are credit card companies the Devils Domain?*
Answers:
1) yes if you do not pay in full monthly
2) Not at all, they are simply companies offering a service and trying to make a profit. It's not their fault that people don't read the terms and conditions, make late payments, go over their limits, max out their cards or simply not pay at all. Credit cards are wonderful as long as you use them correctly, like never exceeding 30% of your limit and pay if full every month before the due date. I have 2 cards that actually pay me money every year through a cash rewards program for using their money for free.
3) No the ppl who swipe the card is. If you know you dont have money to pay the card then you shouldnt use the card simple as that. Thats why so many ppl are in debt. The credit card companies are just trying to make some money. Kinda of like everything else if you are late on a payment then there are fee's that are added same as a credit card.
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