The only credit card that I have ever had was a Texaco card and at the time they did not charge interest at all.

When they did start to, it was that if you paid the whole amount there was no interest.

Early in life I learned to save for things I wanted.

This buy now pay later syndrome is a sickness foisted upon us.



Except for housing, There is likely little real reason why anyone should have to buy on credit.

Why should you need credit?

From the advertisements I see for people to check their credit rating, it seems to be a kind of social ranking system. They have everyone wanting to have that high score.



Right now there are lots of folks who have no money and no jobs and they are just not paying. These companies will settle for about half of what is owed. Otherwise they get nothing.



I say pay the principal if you can and no more. Let them eat their exhorbitant usury rates.