These Credit Card Companies are fooling you, me and everyone

These Credit Card Companies are fooling you, me and everyone

These Credit card companies are just fooling around with our hard earned money and we thoughts it is only few companies who does it- Wake up guys there is a whole nexus of these buggers....Firstly, they all started with sayin that this card comes for free and all give some x number of days as creditSecondly, If the card is free and no interest is charged , then these companies are so good samaritans that they are paying for our credit - I just love them.SO HOW DO THEY MAKE MONEY MAN?? Obviously they are not doing any charity.If you look closely at your past statements, you will see that you have actually paid interest on the money you have spent..... why?? NEXUS.I do not know a single person who has fooled these companies and made money out of credit card..So,How do they make money?????1. For eg. you recieved your credit card bill- it say 12000 but it also says- minimum amount due- 1500 and you deposit 1500, you will still be charged interest on the remaining 10500 Rs.!!!! MONEY MADE.2. You shopped for 1000 on15th March, bill comes on 31st March, you think that 1000 can be paid on 15th april and skip the bill. Interest is levied on 1000 rs, from days your bill was due...... MONEY MADE. So- pay all bills even a day old shopping.3. Your bill comes of 10000 Rs. and you pay only 8000 and think that you can afford interest on 2000 rs. And then you shop for whole month thinking that this will not attract interest charges.. You are wrong again- Interest is levied on all purchases if you even have one rupee outstanding with them--- So effectively it means rather than enjoying credit, you have paid interest----- MONEY MADE.4. Cash Withdrawl- this is most interesting- when you withdraw cash from Credit card- you know that your interest period has started on the day you did it....... BUt you do not know that all your subsequent purchases in that month will all be interest liable from the time you purchase becaue you have committed the cardinal sin of withdrawing cash through credit card.........................It happens like this- AS soon as you withdraw cash-all your outstanding payments become due from that day and starts attracting interest, same applies to all your shopping till you pay full amount overdue!!!!!!!!!!MONEY MADE.SO, gear up, spread the news and save people from this weed which is credit card...