Reply #164: Please

[Ellis Wyatt]

Cite a source for any of these BS statistics.

The number of those who pay 100% of their bill is 100x smaller than those who only pay the minimum? BS. Prove it. 150 million are that close to bankruptcy? Prove it. Making up statistics does not help our cause any.

Insurance companies are in business to make money, but for the nearly 200 million people who are insured through work, the insurance company doesn't insure the worker individually. They insure the group as a whole.

AND FOR THE THIRD TIME, I am saying don't charge something that you can't pay for right then. Period. AGAIN FOR THE FOURTH TIME don't charge anything that you can't pay for right then. So these disabilitating injuries are highly unlikely, as you're talking about a small % of the population who will have these injuries and a small window of time from when they charge something (where they could pay for it) to when their bill comes due.

I'm not saying people living paycheck to paycheck should charge everything on their credit card. I've already said so four times in every post I've made on the subject, so I don't know how to make it more clear to you.

Continue to be afraid of credit cards. Your perrogative. But the benefit outweighs the risks.