Quote:
Originally Posted by Devils'Advocate
Interest rates, smintrest rates.... Credit card rates ain't cheap. And then there is something out there that I don't ever remember seeing when I was growing up.
Payday Loans, Money Mart, The Cash Store, Cash 4 You, Eazy Cash Loans... these places are EVERYWHERE and the interest is criminal. Well, ALMOST criminal. They work just a hair away from breaking the law....
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Most people I know pay for everything on their credit card (most pay off the balance at the end of the month). It's easy to track, you get points etc..
My mom was telling me that in the 80s "putting something on your credit card' meant you didn't actually have the money and was considered an embarassment. If you had a credit card at all it was for emergencies. Now it's normal for 18 year olds to have 2 or 3