I paid off 3 credit cards and closed and have decided only to use cash from now on.
I understand I don't get benefits like 0% APR,free Pens and Pencils... but I dont have to get shocks like overniht reduction of credit lines from 45k to 1k...
every card that reduced my credit , was cut off...I used to buy everything from American express because they give 5% back on gas, 3% on some of the purchases...
But then I realize that from now on due to the new law enacted, they will be starting to charge interested from day one of your purchase... Stop using credit cards... Get freedom with your own money...
Interest not paid is money saved....