Friday, March 11, 2011

My Ironic Life: Paying interest on a $0 loan

Imagine my surprise when I noticed a $1.50 minimum interest charge on my credit card bill. I guess I was being irresponsible by not carrying a balance. What was even more ironic was the customer reps comment that "all the card companies do this".

This is a great business model. I will now be offering loans for $0 to anyone who asks. All I require is a small monthly $1.50 minimum interest payment. A PayPal button is provided on this blogsite.

The card has been canceled.
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