How To Deal With Credit Cards
September, 1978
The first thing you should know about credit cards is that some of them don't provide credit. The second thing you should know is that the interest rate extracted by the ones that do extend credit is about equal to what you'd have to pay on a Mafia loan. And non-payment can be very hazardous to your financial health.Prestige PlasticTo address the first point, cards such as American Express, Diners Club and Carte Blanche came along after World War Two and were designed as an accounting device to...
