What is your impression of credit card companies?

What is your impression of credit card companies?

Public Comments

1. It's a convenience that's got out of hand. And I think there should be a law as to how many credit card offers one can receive in the mail per week. I get at least 3 or 4 a day. What a waste of paper, and a waste of my time ripping and recycling them!
2. You don't need a credit card. In the long run your better off saving up and paying for things. CCC's can only ruin your credit, and do you really need to pay 18% interest?
3. They are greedy, and exploit those who do not have a basic understanding of finance and money.
4. They're fine for people who understand what they are and how to use them (Buy something, pay it off when the bill comes, build up some credit for showing you're credit worthy so you can get a car, a house, etc) They're not good for college kids or young people who believe it's free money and then find out how much interest will cost them and that their part-time job doesn't cut it.