Creditcards are your ticket to bankruptcy. Creditcards come with agreements that even attorneys have difficulty understanding. If you are smart, you will cut up, burn, mutilate all your creditcards. This blog is about Creditcards, debt, and money. You gotta get mad about the abuse! I thougt creditcards were useful financial tools until I learned about the creditcards secret usage policies allowing them to charge my account without my permission. Now I have a better way to manage money.
Tuesday, May 16, 2006
Secret History of the Credit Card
It has been awhile since I mentioned this, but it is an excellent introduction to the problems of using credit cards. Frontline really does some hard hitting journalism, since they are not as sensitive to advertisers than news on the typical commercial TV stations. This report is shocking, if you have never heard about "Universal Default."
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