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Author: msmith Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308881  
Subject: Caveat Date: 4/10/1997 9:48 AM
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Another reason to treat credit cards with care is that they encourage the user to spend more than he/she would otherwise. (30%+ more is the figure I usually hear) That is one reason why merchants agree to receive 3 or 4 cents less on the dollar from the CC companies. I know there are people out there who have iron will and will spend the same regardless, but I also know I am not one of them. Okay, sermon's over, please pass the offering plate to the person on the right :-).
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