Originally Posted by
GogglesPisano
Yes, but if your credit is good you don't pay those high interest rates, so how exactly are you subsidizing those with bad credit?
Back on '09 ish I received 2 letters from 2 separate banks i saying "we know you have good credit but in order to offer credit to other customers we have to increase your rate." 2 phone calls and 2 cancelled credit cards because yes, it is passed on to other consumers.