Money in the bank

[Lamplighter]

Has anyone ever actually read thru the "Notice of Terms and Conditions" for their credit cards ?

I recently got one for the Visa account we've had for about 40+ years.
It was one piece of paper printed on both sides in fairly small print...
folded and re-folded so there actually were 18 pages of printed material.
On other such "Notices" the print is so small I can't read it,
and on some the font is almost the same gray contrast as the paper.

That's part of what I mean by people not being truly aware because the companies
use these devises to overwhelm the reader and give up.
The other part is that people are probably being overly optimistic about their ability to re-pay their account.
So they don't even try to pay more than the "minimum payment",
even when they intellectually know the interest rate is excessive.

Maybe "unreasonable" is in the eye of the beholder, but there is an spreading impact
to all of us when others can not pay off their debt.