Quote:
Originally Posted by moon
Of course they do.
Credit Card companies aren't running off the yearly fees of their premium cards.
I would imagine most people that have credit cards have carry a balance or at least have carried a balance for more than one month.
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You would be shocked at how well Canadians manage debt. I believe the industry stat is about 2/3's of Canadians pay their credit card bill in full every month. And I don't doubt that stat. As I would say about 2/3's of the credit reports I pull have zero balances on their credit cards.