Amex stock PPS was below 9 Dollars a share in 2009. It now is worth 45? This gives a new meaning for buy low sell high. Amex and other Bank issued credit cards are charging loan shark rates. As a matter of fact, you can get better rates from certain loan sharks.
Listen dopey the correct and intelligent way to use a credit card is to only charge on it what one can responsibly afford. One should NEVER live beyound one's means!
CC companies high rates of interest are meant to dissuade unwise spending practices! At much lower interest rates dopey people would run up even higher amounts of debt and still get themselves deep in the red, putting the cc companies on the brink of bankruptcy!
CC companies provide a great service and were never meant to be banks loaning out money! The full balance should be paid at the end of the month! Anyone who does otherwise is INTENTIONALLY LOOKING FOR FINANCIAL TROUBLE! You sound like you are one of those irresponsible types that cannot manage money! That's your problem!