Quote:
Originally Posted by Sami
1)
2) Visa does not accumulate the debt unlike discover or american express. The banks visa does business with do. Visa only provides the transaction service , so in a sence during these credit crunch era .. its a safer play than amex or discover!
|
Quite right. However, the common man does not know that he is actually hurting his own bank when he fails to pay his CC. So... He is less likely to buy into visa.