Skip to main content

There are other large-scheme considerations in this decision.

How does the credit card industry treat the disadvantaged in society? Do they charge reasonable interest if you get stuck behind? What effect does their 3% transaction cost have across the board, indeed worldwide, on commodities? Am I comfortable endorsing these effects because of the convenience or rewards that credit cards offer?

Dropping credit cards may be something like economic vegitarianism. There's nothing wrong with eating meat, except that it supports a the meat industry (just an example). I haven't quite made the jump myself.

We want to hear from you.

Connect to The Network and add your own question, blog, resource, or job.

Add Your Post