A Credit Score Should Not Be the Judge of a Consumer’s Credit Card Interest.

A credit score should non be the pronounce of a consumers credit tantalise interest. COM 156 / Why argon the bang-up the great unwashed being charged too a good deal interest based on their credit score? We should non be penalized for making our holdments in good faith to backup an fan out credit, when it is the credit card companies who grant credit to mint who masst afford it. With our current economy, it is sullen for the lower mail service to mid- direct income people to survive now a daytimes and those Americans receive penalties for at least making the return and non letting it go in default. That is not how we should be judged. non by a score but should be by average days paid. A credit score should not be the judge of a consumers interest appreciate for a credit card debt. Hard working Americans are doing their best to survive this down economy and should not be penalized with higher interest rates beca use they are a both(prenominal) days late on a payment. That person do the effort to pay you. Most Americans now are on a 45 day cycle instead of the 30 day cycle that credit card companies expect payment. By allowing the card holders to have an extended 15 days to withdraw out their payments, it would allow those that are surviving month-to-month, or worse, day-to-day, an fortune to pay a majority or even their holy card balances every month. Consumers turn pessimistic about the rising in this recession, so they spend less. Most companies are pose arrive at employees due to the lack of the demand in this country, so adjusting the payment terms from 30 days to 45 days would dish out those of us who are struggling, as well as cooperate recover our own economy. The hard working Americans in the low-to-mid level income bracket have crude bills as everyone else; rent, utilities, etc. Allowing them free time to pay on their credit cards go away allow people t o manage their survival to improve themselve! s, as well as our economy. With the declining economy in the United States, opinion Card companies...If you compliments to get a full essay, bless it on our website: BestEssayCheap.com

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