Quote:
Originally Posted by Frownland
Where the cardholder doesn't understand the terms of their agreement. A couple of examples would be adjustable rates and mandatory spending terms. Then there's deceptive practice such as "innovative" APR calculations that leave out fees because they've outsourced those fees to a 3rd party (who the CC company pays on your behalf, of course).
Credit card companies aren't traditionally the most transparent businesses. They'll push an excited kid through a contract that they know they don't entirely understand. It's manipulative.
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So you think if you sign up for something you don't understand, that you should be removed of responsibility?
Sounds a lot like the people who got fat from eating McDonalds because they didn't understand that consuming a big mac for every meal was bad for your health. Why do you feel that CCs deserve some sort of exceptional treatment?
Most marketing is manipulative, their motivation is to sell.
Quote:
Originally Posted by Chula Vista
Neither will someday impact my ability to buy a home.
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I'd argue that health costs and the general terrible health of the American population is as big if not a bigger concern than owning your own home.
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