Can you believe this, 29% interest rate on a credit card and I don’t care? That is right, I don’t care! I’m not in any way offended that my credit card company calls me a deadbeat, I’m actually really proud of the title. It has taken me a long time and a lot more lessons earlier in life to get to the point where I’m called a deadbeat!
What is a deadbeat to a credit card company? A deadbeat is someone who pays their bill in its entirety every month. You see when you pay your credit card in full every month, you don’t pay interest and that makes me a deadbeat. The credit card company doesn’t make any money off me at all.
So, why did they raise my interest rate to 29%? Just in the off chance that I don’t pay one month, this way they can actually make some money off me. But, I got some bad news for them, that isn’t going to happen. I pay automatically through my credit union and I raise the amount that is set to be sent in to the exact amount owed every time I use the card.
Why do I even use the card if I have the cash on hand? Well, here is the fun part for me, the credit card actually pays me to use it. Depending on the card, I may get air miles or on one card, I actually get cash back at the end of the year. Either way, the bank loses, I get something for free while they get yet another deadbeat on their hands.
Now, I have heard of a few credit card companies closing accounts like mine in the past couple months, but until it happens to me, I’m going to be proud to be a deadbeat on the few cards that I do have. Are you a deadbeat? Maybe you should become one, it is rather fun to get a letter that says they are raising your interest rate and you can laugh at it knowing that you will never have to pay that.
Todd Clark - Broker / Sales Coach
All Brokers Real Estate
Phone: (503)524-9494
Fax: (503)622-8739
Tigard Oregon Homes for Sale, Tigard OR homes for sale, homes for sale in zip code, 97223,97224, Tigard Oregon Realtor, Tigard OR Realtor, Tigard Oregon MLS Search, Tigard OR MLS Search, 1st time home buying expert, short sale expert, avoiding foreclosure in Tigard, helping families home, LivingBeaverton, Townhomes for sale, home for sale, house for sale, Bull Mountain North, Bull Mountain South, King City, Mountainview, Greenburg, Summer Lake Neighborhood, Summerfield neighborhood, Tigard neighborhood, Walnut Grove Neighborhood. Tigard Oregon Real Estate, Tigard OR real estate, Todd Clark, (503)524-9494, WWW.LivingTigard.com, www.IFoundYourNewHome.com, www.SavingyouFromForeclosure.com
©2010 Todd Clark - Originally posted at My credit card company calls me a deadbeat and has raised my interest rate to 29%, but I don’t care!
Todd Clark and the Friendly Home Team
Knipe Realty
Todd@IFoundYourNewHome.com
Phone: (503)524-9494
Fax: (503)746-9573
I am a licensed Realtor who specializes in Washington County, Oregon and also work in both Clackamas and Multnomah Counties including the cities of Aloha, Beaverton, Canby, Clackamas, Gladstone, Gresham, Happy Valley, Hillsboro, Milwaukie, Oregon City, Sherwood and Tigard. All information contained in these posts are copyrighted and cannot be used without prior written approval authorization from the author me Todd Clark. If you are looking for an outstanding agent please give me a call I would love to help you with all your real estate needs.
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