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20
Jun

Bad News for Credit Card holder

Starting this July, all credit card holder would no longer be getting the interest-free period if they did not settle their balance in full

credit card is removing its 20 days free interest
Click this image for the full news

Pay up all you remaining balance or you will be charge interest right away for every credit card transaction!

It is already very bad that everything on earth become so expensive now but the worst is yet to come. Now even the credit card is no longer giving out the 20 days interest-free period for your new transaction, unless you clear up your previous bill.

If you pay only the minimum or leaving any balance even a single penny, you will be getting charge with interest immediately every time you swipe your credit card. The bank will be smiling making more money from those interest and for every each of us who had some credit card,
better go change a debit card instead.

I wonder how about those with some bills payment which automatically charge into their credit card, they sure going to end up paying more interest if they have any remaining unpaid balance.

It is better to stay away from the evil credit card!

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Comments
#1 Daniel (2009-11-16)
Hey guy, may i see your credit card statement? Because whenever you have exceeded certain amount of credit card carry forward balance, bank will buy insurance for you for that particular month... why? afraid you suicide and don't get to pay back lo.. lol...
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