Problems with Credit Cards

Not wanting to take any attention off the latest series of posts, but I just read this excellent article in Time magazine on many of the problems with credit cards. It accurately places the blame squarely on consumers while also recognizing some of the shady sides of credit card companies.

Just as a special note, I wanted to point out the brief study conducted regarding purchase habits between cash and credit cards. Enlightening, and one of the principal reasons we do not use credit cards and haven’t used one in almost 18 months now.

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