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So Ralph Nader does not use credit cards. Why? Is it the for the same reasons Dave Ramesy does not use credit cards? Well yes and no. I am sure they share much of the same dislike of how credit card companies treat consumers and the hook them and gouge them business model.

The Motley Fool on MSN reports Nader as saying the following: “Well, he offered several reasons. For starters, he objects to the invasion of privacy. He also reportedly believes that credit cards increase the price of the goods we buy.”

A summary of what Nader does not like.
1. Invasion of privacy
2. Increase the price of goods
3. support big banks and their unfair lending practices, particularly to the poor and people of color.

The really said thing is at the end of the MSN article the people at Motley Fool offer you a Motley Fool credit card. How cheap. See the cheapness here: http://msnbc.msn.com/id/13047491/

This entry was posted on Friday, June 2nd, 2006 at 6:43 am and is filed under General News . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.