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Guide to Credit Cards: 5 Sneaky Ways Credit Cards Get You to Overspend

Posted on April 12, 2017 Written by Joseph Hogue Leave a Comment

psychology of credit cards

Credit card companies have $25 billion reasons to get you to overspend. Use this guide to credit cards to understand all the sneaky ways they do it. Visa and Mastercard booked $25.9 billion in revenue last year. That’s money moved from your pocket to theirs through interest, annual fees and other charges. And that’s just the top two credit card companies. The industry books hundreds of … [Read more...]

Filed Under: Increase Your Credit Score, Tips to Take Control of Debt Tagged: credit card guide, credit card tricks, how credit cards get you to overspend, psychology of credit

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About Me : Joseph Hogue

An investment analyst by profession, I am excited about what the peer lending revolution means for how we think of lending in America. The restrictive traditional model of banking is being pushed aside. Investors and borrowers are being matched up directly and getting a loan has never been easier. Read More…

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