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No surprises in that article. It's all pretty much common sense, if you ask me.
One thing I'd like to comment on though. The author says people never, ever read the terms of their card contracts. Well, I do read it the first time! I'll have to admit I do not always read the contract changes that come along, but only the summary of the change, which of course is always something unfavorable to me. But I do not think the CC issuers really want us to understand what we are agreeing to. I believe that is why they send the terms in such tiny, compressed print. They want to discourage the reading of it.
"There is some ontological doubt as to whether it may even be possible in principle to nail down these things in the universe we're given to study." --text msg from my kid
"It is easier to build strong children than to repair broken men." --Frederick Douglass
But I do not think the CC issuers really want us to understand what we are agreeing to. I believe that is why they send the terms in such tiny, compressed print. They want to discourage the reading of it.
True, plus they want to save on paper, production, and postage costs.
True, plus they want to save on paper, production, and postage costs.
I'd like to help them out with that. I'd like them to stop stuffing my bill with advertising.
"There is some ontological doubt as to whether it may even be possible in principle to nail down these things in the universe we're given to study." --text msg from my kid
"It is easier to build strong children than to repair broken men." --Frederick Douglass
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