Credit Card Companies Can Be Intimidating

courtesy immobilienblasen

Are You A Victim?

Are you a victim of credit card companies? They can have intimidating sales pitches. If you are buried in credit card debt, don’t be fooled by their splashy promotions. Avoid being a victim,when they turn on the heat, run. They are pros at telling you what you want to hear.

False Promises

Credit card companies claim they are interested in helping you turn your financial life around, ha. They promise to do that by lowering your interest rate charges, ha. The biggest money-maker for the credit card companies is the interest they charge you on your balances so why would they want to shut off that money stream?

You Can Make A Difference

You can stop supporting credit card companies and save your money at the same time. If you eliminate your credit card debt you win and the credit card company loses.

If you do not carry a balance they only make a few dollars on your annual fee. If you pay your credit card balance off in full every month the credit card company loses money on you. They may not like you but you will be saving money.

It’s Your Money

It’s easy to pile on debt. It’s hard to dig out of it. You work hard for your money and debt is a waste of money. You can find better things to spend your money on then interest, annual fees and late fees. Think about that the next time  you’re ready to make a purchase on credit.