On Mon, 17 Jan 2011 18:22:13 -0600, "
wrote:

On Mon, 17 Jan 2011 08:33:17 -0500, George wrote:

On 1/16/2011 11:42 PM, zzzzzzzzzz wrote:
On Sun, 16 Jan 2011 23:16:33 -0500, wrote:

On Sun, 16 Jan 2011 19:23:11 -0800 (PST), Higgs Boson
wrote:



Just effing INSANE! Even for people like moi who never carry a
balance??? It sounds so soulless and mechanical!

Of course. They don't make the rules for people who pay their bills
right away. Too few of them.

That's actually not true. Only a little over half have carried a CC balance in
the past year.

But your statistical sample period is way to small to catch the period
not too long ago when it was a good thing to not even have a budget.
Just simply buy what you wanted because somehow it would work out.


You listen to the Nightly News too much. The situation has bettered somewhat,
but it wasn't just all of a sudden that almost half of the people paid off
their CCs. Not everyone maxed out on their home equity, either.

It would still be a lot bewtter to know figures for years ago, when
the credit card company rules referred to were made.