. The last way is to pay off your credit card, in full, before the free interest period is up.

I have carried a balance forward twice in my life, once I thought “heck I will have the money in two days, how much can it cost?” It was $148.60, for two days. Well that’s when I did some research on how it all worked and realized the scam. The second time I simply forgot what day it was, now it is on auto-payment.

Figure it out folks CCCs are not here for your benefit. If

When the people that run credit card companies (CCCs) die, I think they are going to be in big trouble. I was watching TV and saw an interview with a credit card executive. She was asked if CCCs want to have customers carry a balance forward on their cards. She said no way, they want customers to pay off their cards. That way the companies know they get their money.

What a load of crap! CCCs do everything they can to make us carry a balance from month to month. That way we have to pay all their crazy interest rates and fees. I wrote before about how they hire experts to study who is likely to carry a balance from month to month but not go bankrupt. They then market to those people.

It is unlikely the people who run CCCs are just plain evil. It is likely though that they check their conscience at the door before entering work. There was a movie called “The Corporation” that showed how average and ordinarily nice people can turn into mean cutthroat people at work. Eventually they're willing to do everything and almost anything they can to make money for the corporation. They gave little or no thought to the millions of lives that are being ruined in the process.

I, being a business person myself, strongly see the need for a company to make a profit. There is a line however that is being crossed by some companies. When you see the profits of these CCCs it will blow your mind. In 2004 cardweb reported the industry made 30.4 BILLION dollars. Up from 20 billion in 2000. I'll let you figure out how much money that is a day.

I don’t care what you do, when you can make more money than over 140 countries do in a year's GDP something is wrong.

What can you do, cut up your credit card? Is that too drastic for you? Then write your politicians, it will take a lot of letters over a fair bit of time but that will force them to change legislation and make CCCs operate more ethically. The last way is to pay off your credit card, in full, before the free interest period is up.

I have carried a balance forward twice in my life, once I thought “heck I will have the money in two days, how much can it cost?” It was $148.60, for two days. Well that’s when I did some research on how it all worked and realized the scam. The second time I simply forgot what day it was, now it is on auto-payment.

Figure it out folks CCCs are not here for your benefit. If

e have to pay all their crazy interest rates and fees. I wrote before about how they hire experts to study who is likely to carry a balance from month to month but not go bankrupt. They then market to those people.

It is unlikely the people who run CCCs are just plain evil. It is likely though that they check their conscience at the door before entering work. There was a movie called “The Corporation” that showed how average and ordinarily nice people can turn into mean cutthroat people at work. Eventually they're willing to do everything and almost anything they can to make money for the corporation. They gave little or no thought to the millions of lives that are being ruined in the process.

I, being a business person myself, strongly see the need for a company to make a profit. There is a line however that is being crossed by some companies. When you see the profits of these CCCs it will blow your mind. In 2004 cardweb reported the industry made 30.4 BILLION dollars. Up from 20 billion in 2000. I'll let you figure out how much money that is a day.

I don’t care what you do, when you can make more money than over 140 countries do in a year's GDP something is wrong.

What can you do, cut up your credit card? Is that too drastic for you? Then write your politicians, it will take a lot of letters over a fair bit of time but that will force them to change legislation and make CCCs operate more ethically. The last way is to pay off your credit card, in full, before the free interest period is up.

I have carried a balance forward twice in my life, once I thought “heck I will have the money in two days, how much can it cost?” It was $148.60, for two days. Well that’s when I did some research on how it all worked and realized the scam. The second time I simply forgot what day it was, now it is on auto-payment.

Figure it out folks CCCs are not here for your benefit. If

utthroat people at work. Eventually they're willing to do everything and almost anything they can to make money for the corporation. They gave little or no thought to the millions of lives that are being ruined in the process.

I, being a business person myself, strongly see the need for a company to make a profit. There is a line however that is being crossed by some companies. When you see the profits of these CCCs it will blow your mind. In 2004 cardweb reported the industry made 30.4 BILLION dollars. Up from 20 billion in 2000. I'll let you figure out how much money that is a day.

I don’t care what you do, when you can make more money than over 140 countries do in a year's GDP something is wrong.

What can you do, cut up your credit card? Is that too drastic for you? Then write your politicians, it will take a lot of letters over a fair bit of time but that will force them to change legislation and make CCCs operate more ethically. The last way is to pay off your credit card, in full, before the free interest period is up.

I have carried a balance forward twice in my life, once I thought “heck I will have the money in two days, how much can it cost?” It was $148.60, for two days. Well that’s when I did some research on how it all worked and realized the scam. The second time I simply forgot what day it was, now it is on auto-payment.

Figure it out folks CCCs are not here for your benefit. If

ustry made 30.4 BILLION dollars. Up from 20 billion in 2000. I'll let you figure out how much money that is a day.

I don’t care what you do, when you can make more money than over 140 countries do in a year's GDP something is wrong.

What can you do, cut up your credit card? Is that too drastic for you? Then write your politicians, it will take a lot of letters over a fair bit of time but that will force them to change legislation and make CCCs operate more ethically. The last way is to pay off your credit card, in full, before the free interest period is up.

I have carried a balance forward twice in my life, once I thought “heck I will have the money in two days, how much can it cost?” It was $148.60, for two days. Well that’s when I did some research on how it all worked and realized the scam. The second time I simply forgot what day it was, now it is on auto-payment.

Figure it out folks CCCs are not here for your benefit. If

. The last way is to pay off your credit card, in full, before the free interest period is up.

I have carried a balance forward twice in my life, once I thought “heck I will have the money in two days, how much can it cost?” It was $148.60, for two days. Well that’s when I did some research on how it all worked and realized the scam. The second time I simply forgot what day it was, now it is on auto-payment.

Figure it out folks CCCs are not here for your benefit. If you cannot completely pay off your balance every month then do not use credit cards or learn to like helping these companies earn even bigger profits.