Reply #32: The credit card companies want us to cancel... [View All]

[CoffeeCat]

No one wants their cards in your hands when the last economic bubble bursts--and everyone has
their "Oh shit" moment.

Ever since we've had this economic downturn, the credit-card companies have been deliberately trying
to enrage their customers. They've increased interest rates, caused unfair late feels because they
jerked around and changed bill due dates, slashed lines of credit, etc. And now, they're announcing
that they're going to start charging interest immediately and slashing perks--on their best customers.

This would be the equivalent of a restaurant charging you $30 for a meal that is listed as $20 on the menu--and
then charging you hidden fees for ambiance and lighting--charges you first discover when you get the bill.

Any restaurant that would do that---would lose your business and frankly--does not care if you return.

This is what credit card companies are doing. They want you to angrily tear up their cards. They are done
with you. The economy has tanked, and it still tanking---despite a lot of smoke and mirrors crafted by
the MSM.

We get so many lies and puff pieces about the economy. However, if you want to really know what is happening--and
what will happen to the economy--the behavior of credit card companies is a good indicator that the economy
really isn't healthy and could possibly get far, far worse. Does anyone really believe that these greedy companies--who have
sucked so much wealth from lower-income and middle-income earners--wouldn't still be courting us if there was more money to be made?

Why else would these companies be engaging in outrageous, offensive behavior that practically ensures card
cancellations?