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.
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Why argon the good the great unwashed being charged too often interest based on their credit score? We should non be penalized for making our holdments in good faith to backup an open credit, when it is the credit card companies who grant credit to people who cant afford it. With our current economy, it is hard for the lower berth to mid- direct income people to survive now a days and those Americans receive penalties for at least making the wages and not 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 prize 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 because they are a some 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 take out their payments, it would allow those that are surviving month-to-month, or worse, day-to-day, an opportunity to pay a majority or even their entire card balances every month. Consumers turn pessimistic about the future in this recession, so they spend less. Most companies are laying 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 common bills as everyone else; rent, utilities, etc. Allowing them free time to pay on their credit cards go away allow people to manage their survival to improve themselves, as well as our economy. With the declining economy in the United States, opinion Card companies...If you want to get a full essay, bless it on our website: Orderessay



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