The factors cited by card issuers are very broad. It appears that anyone - not just people in financial difficulties - could be subjected to a much higher rate for very insignificant reasons.
More Quotes from Linda Sherry:
They can be tempting but they have very, very high interest rates, ... you pay as you go.Linda Sherry
They know the parents will bail out the kids if they get in trouble.
Linda Sherry
The crime is definitely on the increase and it shows no sign of stopping. It's a frightening thing.
Linda Sherry
If it's due on the second or the third, and if you typically pay bills on the 29th, you have to be realistic that it could get there late.
Linda Sherry
I would be afraid of this.
Linda Sherry
They might also give you your credit score. They'll give you free copies of your credit report every year, and they also offer insurance against identity theft.
Linda Sherry
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I believe that we have been doing this not primarily to achieve riches or even honour, but rather because we were interested in the work, enjoyed doing it and felt very strongly that it was worthwhile.
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