No they don't. What they do is offer the card at a lower rate and then let
it crawl like ivy up a wall.
And by the way, I'm all for making bankruptcy more difficult for fools in
debt. Why should we all pay for their lack of discipline. Wouldn't Neal be
surprised.
Scout

"Scott Vernon" wrote in message
...

"Scout" wrote ...
What it means is that people who can scrape together two
nickels to save will get 1.5% interest while credit card companies
rape
people for 20% (check out Citi-Bank's earnings and policies).

Rape? Anybody that uses a CC deserves what they get charged. it's not
like they hide the int. rates.

Scotty