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A "preferred customer," according to one MasterCard vice president, is someone with a "taste for credit" who's "willing to make minimum monthly payments—forever."
1/3 of Americans claim they pay off their credit card bills in full every month.
Inside the credit card industry, these customers are known as "30-day wonders" or "deadbeats."
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What would happen if everyone wised up and becamse a "deadbeat" or a ""30 day wonder"
The CC Co's profits would go down drastically.
Slim chance it would ever happen.
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