Monthly Archives: August 2008

The Plastic School of Hard Knocks

A new school year is about to begin in the school of hard knocks. College students will face a wall of credit card offers. It doesn’t seem logical. Why would credit card companies want to account unemployed holders who are usually low on funds, and will have difficulty making their monthly payments? Credit card companies

The Schumer Box

Many credit card customers tend to dislike credit card companies.  By raising interest rates and increasing fees at will, credit card companies have all the power in the relationship they have with credit card customers who use credit cards.  Much of the news about credit card company behavior shows them as excessively one-sided and selfish.