Message:

<p>[QUOTE=&quot;Clawcoins, post: 4067183, member: 77814&quot;]Credit cards, as are loans of any type are essentially you paying someone else to manage your debt.</p><p><br /></p><p>So each month when you pay someone $40 or $80 interest on your credit card you are paying someone else because you can&#039;t handle saving up and paying cash for it.</p><p><br /></p><p>If you say pay $40 each month in interest, you are paying someone $480 per year to manage that debt.&nbsp; I&#039;d rather have that $480 in my pocket than someone else&#039;s pocket.</p><p><br /></p><p>It is a convenience charge for people who don&#039;t understand the value of &quot;all their money&quot; ...</p><p><br /></p><p>It&#039;s an easy revenue source&nbsp; as long as they don&#039;t default on it ...</p><p>buy now, pay later[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in