FlyerTalk Forums - View Single Post - The end of the "Free Ride" for credit card holders with good credit?
Old May 19, 09, 11:55 am
  #8  
Centurion
 
Join Date: May 2002
Location: Arizona
Posts: 4,686
Originally Posted by runninaway View Post
This is just posturing by the banks in an effort to rally support in defeating the current proposals in congress. Charging interst from the date of purchase would be insane, as anyone who manages their money responsibly would simply retire any card that implemented such a change. The banks would be walking away from billions in merchant fees.

AGREE!!!! ALL OF YOU ARE SUCKERS INCLUDING THE NEWS PAPER WHO REPORTED. The banks are trying to scare the people who vote into putting presure on congress. DO NOT FALL FOR ANOTHER SCAM by the credit card comapnies.
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