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Why I Don’t Use Credit Card Rewards Programs

Prairie Eco-Thrifter

Credit card rewards programs are no different. The rewards encourage you to charge things on their card. carries credit card debt of $15,325, although that figure is somewhat skewed by a small number of extraordinarily debt-stricken families and couples.”. We prefer not to use credit.

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Why I Don’t Use Cash Back Credit Cards

Prairie Eco-Thrifter

states: “Because these programs are incentives for consumers to use their credit cards in lieu of cash or debit cards, they generate increased merchant fees for the credit card company and may also cause some consumers to increase their debt, providing yet another source of revenue for the credit card company.