Tuesday, September 20, 2011
The Credit Card Issue
It's almost pathetic that this credit card issue is still going on. It is understandable for people who had no choice but to be in a serious debt, and I feel sorry for those people, but the other miscellaneous reasons resulting in over-draft could have easily been prevented. I wish the credit card companies could show the statistics of amount and the % of the people who over draft in order for the new borrowers to be cautious of this vicious trend and educate themselves to become better owners of the card. Understanding the system and the tendency of credit card owners and to differentiate oneself from the majority of the population is extremely crucial.