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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: How Credit Card Cos make $$ Date:  6/16/2000  9:13 AM
Author:  Halthron Number:  36711 of 312187

Naw, their worst enemy after those who don't pay is someone who charges three times a year for $20 - $30 and then overpays by a very slight amount, say ten cents. The CC company generates a statement each month for a few months then cuts a check for the ten cents. At least you're covering the cost of the processing.
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