Get Out of Debt 101 Blog

I was reading this New York Times article and I thought, “I was so naive to think that Credit Card companies wouldn’t fight back”. It’s obvious now that they will be very creative coming up with new fees. They are even doing a deep study on our psychology: based on the items and brands we purchase, they can foretell (to a certain extent) whether we are likely or unlikely to miss a payment. Very interesting article, worth reading.

What do you think? Feel free to leave a comment!