Dec 10
Eric S asked:
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Tags: 0 Interest, Banks, Credit Card Companies, Interest Payments, Money, Monthly Payments, T Max
6 Responses to “Why do credit cards require monthly interest payments?”
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December 11th, 2009 at 11:43 pm
Because interest is how their profit is made. No interest no profit.
December 15th, 2009 at 2:03 am
We already have this: it’s called welfare for individuals; it’s called TARP funds for businesses
December 18th, 2009 at 5:59 am
The federal reserve thats where all the federal reserve thats where all from no monthly paymentsgood one thing wrong with your premise the bailout money came from no monthly paymentsgood one thing wrong with your premise the federal reserve thats where all the bailout money came from no monthly paymentsgood one thing.
December 21st, 2009 at 6:26 am
Are you serious? Why do you think no one offers such a card? Because no one would ever make a payment, EVER. What you’re describing is free money, which doesn’t exist.
Unless you’re on welfare. And that system needs reform, I’ll tell you that.
December 21st, 2009 at 8:35 am
Ask for that when you apply and report back
December 23rd, 2009 at 12:11 pm
The same reason mcdonalds doesnt give out free hamburgers.