3 ms·
Correct. If you pay off your card every month, the credit card companies consider you to be a bad investment, and they even have names to describe customers li
by bradknowles 8y ago
Correct.
If you pay off your card every month, the credit card companies consider you to be a bad investment, and they even have names to describe customers like you -- "deadbeat", among others.
- willstrafach 8y agoI doubt that. Card companies surely make good money on interest, but there is risk baked into that. A customer paying off their full balance means little risk yet they still make the 1-3% processing fee.