-=> On 05-10-06  14:06,  Philip Lozier <=-
 -=> spoke to Michiel Van Der Vlist about none <=-

 PL> It is good that your people are wise to the scheme of 
 PL> "credit" cards. In my life experiences I have learned that 
 PL> credit cards are only good for major purchases.  Some 
 PL> people here live on credit cards, and so long as they meet 
 PL> their "monthly minimum" payment are happy to fuel the multi 
 PL> billion dollar industry based on late fees, interest, etc.

  I use credit cards for almost all purchases.  I doubt that I spend
  more than $20 per month in cash.   OTOH, they pay me for using them.
  One card pays me 5% on all grocery and gasoline purchases and the
  other one pays 1% on every thing else.  No annual fee either.  And
  never one cent paid in interest since I pay the balance off every
  month.

  You are very right about people getting trapped with using credit
  cards when they cannot pay them off.   The interest rates that they
  charge are very high.

                               Dale Shipp
                  fido_261_1466 (at) comcast (dot) net
                              (1:261/1466)


... Shipwrecked on Hesperus in Columbia, Maryland. 22:33:27, 11 May 2006
___ Blue Wave/DOS v2.30

--- Maximus/NT 3.01