>>>We're subsidizing deadbeats in housing on the backs of the responsible, why should credit cards be any different?
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>>Looked at another way the 'deadbeats' are subsidising you (and me): The credit card companies can only afford to give us free credit by gouging those who cannot pay in full with almost extortionate interest rates. Why would it not be fairer if everyone who used a credit card was charged a reasonable lower rate of interest from the time the purchase was made?
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>
>"FREE" Credit?? There is no such animal.....

Buying something and not paying until two month later sounds like free credit to me ?

>
>As Bart Simpson says... "Share the Wealth, That's what I always say!!!"
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>Bart Simpson = Barak Obama
>
>>>
>>>http://finance.yahoo.com/banking-budgeting/article/107096/Credit-Card-Industry-Aims-to-Profit-From-Sterling-Payers?sec=topStories&pos=7&asset=&ccode
>>>
>>>I sure am glad to see 95 senators get behind the concept of sucking up to deadbeat voters.