by therapist on October 20th, 2009

therapist

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Credit card company charging 80% interest on new credit cards. What do you think of this? see link
(link here: http://www.walletpop.com/blog/2009/10/16/such-a-deal-new-credi t-card-offers-a-mere-79-9-interest/

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Answers. 3 helpful answers below.

  • by gwh6552 on October 20th, 2009

    gwh6552

    It's usuary and, as such, immoral. I don't know whom to disrespect more: the bank or the poor fool who accepts the offer.

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  • by Kelly Robbennolt on October 24th, 2009

    Kelly Robbennolt

    If its legal it won't last.

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  • by randomness - is now a Maestro on October 20th, 2009

    randomness - is now a Maestro

    I think people are idiots for accepting these kinds of deals, to be honest.
    I personally prefer to make my own money, and then spend my own money, as opposed to borrowing large amounts of cash, with lots of interest, and no way in hell to pay it all back.

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