Credit Card Garbage

Can You imagine the amount of advertising the credit card companies pay for to get you enticed into there offers. Sure credit cards can never really be overlooked when 8 out of ten people carry them. What makes people believe that they are getting a good deal into having a credit card is that its what builds up that outstanding credit report that which other borrowers look at when you purchase that home or car.Do we as consumers really want credit to buy everything that we need ? If every American looked at there interest rates and account for how much money we throw away into interest charges and fees , its a no brainier really. Credit cards are leaches onto your fiances and even can cause more trouble than good. I once was a believer into that a credit card is a good addition to my wallet, until i realized that my credit is based on ethics that I don't believe in . For one I'm practically giving my money away , that I worked so hard for to begin with. Second I don't believe in spending more than I can afford, and just having a credit card implies this more than you think. Third I feel the whole credit score system is a scam to get people to hold onto credit when they really don't need it to begin with, so you can pay more money. The whole credit score system needs to be revamped and a whole new principle needs to be established. Otherwise I believe consumers are on the road of self destruction and putting our economy and future of our children at risk. Not to say it already is with the deficit is all ready.

Shupes