Message Font: Serif | Sans-Serif
 
No. of Recommendations: 3
While these responses are interesting, they miss the point.
The credit card companies, according to the article, pull a little underhandedness on the cardholders. Perhaps that's ok with you all, but I find it rather offensive. If the limit is $10K, then a person SHOULD be able to charge any amount they feel like charging -- up to and including their "limit" -- without penalty and without having your credit report zapped.

That was the point of the article - I think.

AM
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.