Reply #56: They hosed themselves with that legislation

[Enraged_Ape]

though they don't know it yet.

ALL of my friends are either a) destroying all of their credit cards and paying off the debt or b) reducing any of their credit card expenditures to the absolute minimum, using their cards only for emergencies.

My own household has destroyed all our cards and hopes to have all of our unsecured credit paid off by the end of next year, never again to plague us. MBNA can kiss my a$$.

I know that most intelligent, responsible people are doing this same thing. The credit card companies got GREEDY (imagine that) and neglected to remember that they get a great deal of their steady income from intelligent, responsible people like me. Now they've cut us off altogether. And although it may take a little time for them to realize how much they are truly screwed by alienating us, I get a sense that they are just starting to figure it out.