How many who are in favor of credit cards work for credit card companies?

If no one ever paid for use of credit cards, the credit card companies would go out of business.|||Most people who have credit cards use them as they were intended and actually pay the balances in full every month. Credit cards are a short term convenience. They are not meant to be long term financing.





If people who run up big credit card balances and only pay mininimums all paid off and stopped using credit cards, the credit card companies would still be just fine. They would save all the expense of collection calls, lawsuits, and writing off bad debt. In fact, they'd probably save so much that the credit card companies could increase the reward benefits!





No, I've never worked for a credit card company.|||You have this backwards. If credit card companies go out of business no one would have access to quick credit.





If you use credit cards wisely they HELP you. Not hurt you. There is no reason to ever pay a fee or pay interest if you pay off the balance charged every month and choose a card wisely.





And no, I don't work for a credit card company.|||If no one ever paid for delicious fudge-dipped cookies, the Keebler Elves would go out of business. Your point?|||47% of Americans pay their credit cards in full each month.


They have never paid interest or any fees.


They carry the top credit scores.


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