| Yep - the minimums are going up. Suits me fine. Haven't paid the minimum in some time - usually charge what I can afford to pay the next bill - I like the idea of keeping a card active "just in case" so I charge regularly. But I always pay the balance. No fee, no interest.
Some of the blame belongs on the consumer who over-spends without considering where the payment will come from. Some of the blame belongs on the credit-card company that continues to bombard people with apps when they know nothing about their credit worthiness.
Let's call it a draw. But let's not blame the kids. Whose big idea was it to try to buy their love in the first place?
__________________ When the goin' gets tough, the tough go shopping!  |