How Do They Sleep at Night? Vol 3: The Credit Card Companies Part 1 – A Wolf in Sheep’s Clothing

This article is part of a series of posts about people who screw people, sometimes for a living. And, hopefully, lessons I’ve learned and want to pass on.

They’re going to start coming any day now. I just know it. The offers from my credit cards, wanting to help me at this wonderful time of year.

They’ll send me “convenience checks“, which I can use to get a cash advance. Isn’t that nice?

Of course they won’t mention the transaction fee, or the fact that I start accruing interest on the day I write the check. Or the fact that they can decline the check for any reason at all. Even though they sent it to me. Even though they could have checked my credit beforehand, instead of after I’ve remitted it to a merchant as my promise to pay.

They’re swell.

I’m so overcome with gratitude!

But that’s not all! No, my credit card companies are the best of the best.

They’ll offer to let me skip my December payment! They know I’ve overspent. Heck, they keep track of it better than I do! This will give me some breathing room. I’m all choked up.

So. Very. Thankful.

Who cares if my interest still accrues? I’ll avoid a late charge. What’s $30 compared to interest on the average American credit card debt of $8400, and growing? Have you seen the cost of a Wii?

I’ll worry about January in January. I mean, I could win the lottery before my payment is due in January!

It could happen!

Oh, thank you credit card companies! You put the reason in the season!

Where can I get that Wii? And can I borrow $2o for lottery tickets?

Like this post? Read the other posts in this series!

See the Stretch Your Dollar Page for other money-saving ideas.

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8 Responses to “How Do They Sleep at Night? Vol 3: The Credit Card Companies Part 1 – A Wolf in Sheep’s Clothing”

  1. learningwoman Says:

    All too true. I find the bin a useful place for these sorts of letters……. 🙂

  2. learningwoman Says:

    From the credit card companies I mean!
    Just realised I could have bee misconstrued……

  3. scienceesl Says:

    Can we say shredder anyone? 😉 Or my fireplace, as a fire starter is another good place for them.

  4. Lisa S. Says:

    I personally like to take any junk the credit cards companies send me — nothing with personal information, just the generic stuff — and kindly return it to them in those lovely prepaid postage envelopes they like to send.

  5. OurDebtBlog Says:

    I pay close to 134 in interest every month! and loving it 🙂

  6. StillInDebt Says:

    If only I had been wiser before – credit card debt is so easy to accumulate.

  7. Chris Says:

    I read the other day, a credit card offer amounts to fact that they think you are a Sucker. Go on disapoint these legal thieves.


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