I finally believe Dave Ramsey about credit cards and as of today, the Staifer Family are done with credit cards officially. I use to think that as long as you pay them off every month, they are fine. That was until looked at my statement closely today and notice "payment protector - 1.05". I then proceeded to notice this same charge dating back to FEBRUARY that amounted to 1% of my balance. I know I never signed up for it but yet it was there. While this only amounted to something like 40 dollars over the course of that time, I did earn $50 in "free" Amazon.com gift cards so at least I got a couple books for my stupid tax.
I know this is weird. If I have the money, I might as well pay it off. It's one less thing I have to worry about. I'm not going to cancel it until I get my second amazon gift card (after all I did "pay for it). Oh wait, it's going to impact my FICO score some might say. So what! Eat your heart out Chase. You are never getting our money again!
If you think I'm an idiot, watch the movie Maxed Out and see what the credit card industry is doing to the U.S. It is destroying families and lives.
Credit sucks and I've drunk the Kool-aid. . .