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Longer relationship with your credit card company than your partner?

I heard on the radio yesterday that the average time a person has been with their credit card company is 9 years.

Clearly not enough people have heard of this site, I bet many of them are paying interest - but I suppose without them giving the CC companies the profits we wouldn't be able to get 0% deals.

My marriage didn't last as long as 9 years! I think I prefer my credit card - its flexible, attractive, cheap and doesn't hog the remote control ;)

Comments

  • Angie8
    Angie8 Posts: 101 Forumite
    I think that a lot of people are apathetic when it comes to their finances.

    I have a friend who has been with Barclaycard for 10 yrs +, she has a balance of 4K on her card and is paying horrendous amounts on interest on it. Every time I tell her to balance transfer the card she says "Oh, I can't be bothered...". In my experience 90% of people I know with credit cards are like this. They seem to love flushing money down the drain!!!

    The scary thing is, my friend works in the financial sector of all things! How stupid is that?
  • Stupid might be a tad harsh but I would agree that it is not very astute.
    ..
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