Comments on: Tip: The Credit Card Companies Are Not Your Friend, They Just Want Your Money

By: Credit Cards: The New Rules

Credit Cards: The New Rules — Fri, 18 Sep 2009 13:19:46 +0000

[...] Credit card companies now have to get your OK before they can process a transaction that would put your account over its limit. [...]

By: Peter

Peter — Sat, 01 Aug 2009 18:53:13 +0000

Brad I agree that I, and every other Christian, is a hypocrite. We all struggle against our sinful nature, and from time to time we sin – just like everyone else, and at times we go against what we truly believe.

In this instance I don’t agree with you, however, that showing adsense ads on my site is hypocritical when it comes to credit cards. First of all, I’m not making any money from my readers -I’m making money from google who is paid by the credit card companies. Sure, people who have signed up for the credit cards are paying me in a very roundabout way I suppose, but if they clicked on the ad here, they have at least been warned to be careful about the dangers of credit, and are more likely to not pay interest charges or use credit cards as an emergency fund.

My post is simply a warning to those who would use credit – that they need to be aware of the dangers of using credit cards, and that they shouldn’t be lulled into a false sense of security by credit cards claiming to look out for their best interests. I understand that some people are able to use credit cards responsibly for rewards, cash points, etc. For those people, as long as they’re extremely careful – I have no problem with them using credit. But I do think that people need to be aware of the dangers when using them. So if you think my warning people about the dangers of credit, while still allowing credit card ads on my site is hypocritical, so be it. Good luck and God bless.

By: Brad

Brad — Sat, 01 Aug 2009 17:58:50 +0000

And yet you have Google AdSense that shows ads for the credit card companies — because you want to make money from your readers. So how are you any different? The answer, of course, is that you’re not. Just another self-righteous hypocrite like every other “Christian.”

By: Festival of Frugality - The “Hey I’m Hosting” Edition | I've Paid For This Twice Already...

Wed, 01 Apr 2009 14:58:41 +0000

[...] presents Tip: The Credit Card Companies Are Not Your Friend, They Just Want Your Money posted at Bible Money [...]

By: Michael the Dumb Tech Geek

Michael the Dumb Tech Geek — Thu, 12 Mar 2009 12:53:02 +0000

I’ve found out in the last week that I’m actually considered a ‘bad customer’ to my credit card company.
I’m one of those people that put necessities on my card like gasoline and groceries, then pay off the total balance every month. I never accrue interest. I never pay the minimum.
In essence I have a credit card for 2 reasons.
1) Build a credit history by showing that I have a credit limit and never making late payments
2) Save a small amount of money by delaying the payment on necessary things for a month.
Conceptually the second one only worked for the money saved in that first month. After that I was always paying off the previous month’s stuff while adding to next month’s bill. But I think it still counts.

By: Weekly Round Up- Daylight Savings | Good Financial Cents

Weekly Round Up- Daylight Savings | Good Financial Cents — Sun, 08 Mar 2009 18:14:52 +0000

[...] Tip: The Credit Card Companies Are Not Your Friend, They Just Want Your Money – 100% true, they are not your friend, they don’t want to save you money or give you points or help you out in any way. They are there to make money, pure and simple, don’t ever forget that. [...]

By: Weekly Round Up: Mint Edition

Weekly Round Up: Mint Edition — Sun, 08 Mar 2009 17:02:14 +0000

[...] Tip: The Credit Card Companies Are Not Your Friend, They Just Want Your Money [...]

By: Popular articles from the last few months…

Popular articles from the last few months… — Sat, 07 Mar 2009 19:52:30 +0000

[...] Credit Card companies are not your friend! [...]

By: Do You Dave Ramsey?

Do You Dave Ramsey? — Sat, 07 Mar 2009 03:49:00 +0000

Spot on Peter... the CC crowd are not our friends and it is interesting to watch how they are repositioning themselves as aides in our movement for greater fiscal responsibility. The parallel I'd draw is like the police commissioner being in cahoots with the crime bosses... drugs won't be peddled in certain parts of town and a certain amount of busts will be permitted to make the cops look good but the ciminals will have full run in other areas to do as they please. That sounds like the CC companies to me. Thanks Peter! Dave Do You Dave Ramsey?s last blog post..Congress thinks you’re an idiot. Are you?

By: The Friday gathering - Followup on house problems

The Friday gathering - Followup on house problems — Fri, 06 Mar 2009 16:16:59 +0000