LogFAQs > #957102388

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Topic	Do banks hate it when you pay your credit card bills on time?
uwnim 08/15/21 7:40:02 AM #3:	No. They make money from transaction fees. If your use your card regularly, you are reliable income with very little risk. Folks who constantly carry a balance can provide more income but also provide more risk. And folks who use cards only for like emergencies or big purchases they need now but dont have the cash in hand for provide erratic income. --- I want a pet Lavos Spawn. [Order of the Cetaceans: Phocoena dioptrica] <cite>uwnim posted [p:957102388] in Do banks h... [t:79614704]...</cite> <quote>No. They make money from transaction fees. If your use your card regularly, you are reliable income with very little risk. Folks who constantly carry a balance can provide more income but also provide more risk. And folks who use cards only for like emergencies or big purchases they need now but dont have the cash in hand for provide erratic income. --- I want a pet Lavos Spawn. [Order of the Cetaceans: Phocoena dioptrica]</quote> ... Copied to Clipboard!
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