fredissy

Moderation of Revolving Credit Is Not Good News

I have used the 0% interest cards for the past two years, saving at 5% the money I didn't need to spend while making the min payment on the cards. I suspect other "thinkers" played the same game. But that game is over. The offers have dried up and the interest one can obtain otherwise is really skimpy. This will reduce my credit card spending by $75,000 per year. Multiply that by a few million people.