Why should you have more than one credit card?

I walked away from the bank with great pleasure!  I had been pressured to sell more and more credit cards to people.  That’s right.  The bank thinks everyone needs at least three credit cards.  The only reason they cant justify more is that they cant figure out a way to persuade you of that.

You see the more Cards you have the more chance you will start to go over, get confused and pay late, or let one lapse.  All three earn more money for the bank and cost you money!

Don’t let that happen to you.  You need one card for emergencies and large expenses.  If you have a lot of debt then you need one card or credit line to pay off over time.  That’s it!  Dont believe you need all that garbage.  It’s only  a way for the bankers to get commission off of you!

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Posted: November 17th, 2007 under credit cards, debt, interest.
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