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Best 0 Interest Credit Cards

Posted on March 17, 2010.
Best 0 Interest Credit CardsWhy does not the Reserve Bank of India credit cards BLOCK seniors after 65 years??

It is one of the well known marketing tactics of credit cards to borrow money for Sr. Citizens.
There are many cases where the loans issued by credit cards for citizens, father, and older people attract huge percentage of interest and drag them into chronic debt, it makes their life miserable and force him their life balance in depression, despair and worry throughout their lives repayment of such loans.
It is therefore suggested that the Government of India to block all activities of credit card theCitizens of India after the age of 65 in their best interests to peaceful life.
Or treat all loans as null and void by placing them under the "relief of chronic indebtedness?
Or the government of India can make orders stasutory these loans issued by credit card Sr.citizens, not to attract the interest rates on credit cards, but perhaps the interest rate applicable to all nationalized banks.

Halting the elderly to use credit cards is the stupidest thing I've ever heard. Banks that issue credit cards are not going under when a certain group of people can not pay their credit card in full. Firstly, banks could reduce their interest, or could reduce the interest of older people who have problems or the elderly could go bankrupt and clear the debt completely and start a new debt, or if banks do want to lend the elderly, "a lot" of money, at least give them a card, but with a limited amount of credit. But by taking credit cards from them is being very naughty and totally inappropriate.

Maybe not 65-years ... but people over 85 should be protected more ...

Hell, I do not think anyone over 90 years should be allowed to vote! Because they make voting decisions using their logic and thinking of the 1920s ... and then they end up dying right after the election, and young people have to suffer for their decisions!

Not at all! Seniors are not all fools senile. Many are still vivid, bright, know exactly what they are good credit. Manage your money well.

Why deprive these people do what they want with their money just because some elderly people fail much?

This is not a good idea. More than 65 does not mean you're senile and irresponsible. I doubt that many seniors are driven into debt against their will. They are not children and should be able to manage their own affairs.

Seniors are not stupid, I like to think most can handle money better than young
There are many young indebted

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