Americans' Charged Relationship With Credit Cards »
Posted By TechnologyExpert 1 year, 7 months ago in Business & FinanceCall it a love affair with a dark side. Consumers today can't get enough of their credit cards, slapping them down with a passion to pay for everything from fast food to plane tickets at a rate of 10,000 transactions a second worldwide. But while Americans love the convenience of plastic, they often hate the credit card issuer.
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TechnologyExpert
I am Editor-in-Chief at Alice Hill's RealTechNews (http://www.realtechnews.com). I also have my own blog (Tech-Ex) at http://TechnologyExpert.Blogspot.com. Finally ...
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DoseASpinoza1 year, 7 months ago
It's about time someone starts reforming credit practices. But we'll see if this bill goes anywhere. Banking contributes a lot to politicians. That's how things got this way.
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dandur61 year, 7 months ago
Not long ago you used a credit card for buying things you need a little time to pay for. I recall about 20 years ago the embarrassment of having to use my credit card at the supermarket -- it clearly meant you couldn't afford even groceries without the help of a lender. I'm only 46 years old - funny how values change so rapidly.
Credit card companys have become abusively usurious, but I wonder if that because so many people now abuse their cards it's become necessary?
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gspur1 year, 7 months ago
wow, it used to be an embarrasment? you certainly wouldn't think that now.
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