[Redway]

Originally Posted by Cherie

well that is where the problem lies, there is a negative side to owning a credit card if you cant control spending or do not have the funds to pay it back each month, its how banks make some of their money unfortunately

I suppose but it’s not like people don’t know all this before they sign up for a credit card. When I was on the brink of getting my first one (I must’ve been about 19 or 20) they did a stringent credit score check on me and the bank told me exactly what the deal was with credit cards (not that I hadn’t done my homework already). I just feel like if you’re an adult with full capacity and have no liability to over-spend beyond your control you should sort of know what you’re getting yourself in for. Banks (of all corporations) don’t really need to hand out credit cards like wedding cake to rip people off. You just have to be careful.