Detailed text transcripts for TV channel - MSNBC - 20100723:14:46:00
Cardrating.com. this is what he tells "the washington post." i'm going to read it. "the only true dead beat customer is someone who has a card and never uses it. just having good credit alone in today's market is not enough for that customer to be profitable." >> banks don't make money when we don't use our cards. it's better for us to use the credit card, pay it off in full every month so that we don't incur any fees or high interest and then the banks will make then the interchange fee. so every time we use the card at the merchant or the store the merchant has to pay a fee to the bank. but ...
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