Credit card firms profit hugely due to missed payments
With credit companies charging approximately £12 each time a consumer misses a payment, it is anticipated they have made roughly £61million. Research from MoneyExpert has established that over 5 million people have missed monthly credit card payments in the last 6 months - a 2% increase on the previous 6 months. Sean Gardner of MoneyExpert said there [...]
Re: Credit card firms profit hugely due to missed payments
This is how capitalistic society functions. There are millions of loopholes that help to make a profit and the companies that can find the sneakiest way to do it make the most profit. However, this type of media will make sure to end the reign quickly.