Allow me to introduce myself, I am your CREDIT CARD Banker.
Like yourself, we have millions of clients that pay us minimum or nearly minimum payments every month. On behalf of the bank, I want to sincerely thank you.
I don’t know when you will finally pay off all your revolving, never ending merry-go-round debt but I’m sure that you don’t know either. As you can readily see from a disclosure section on your statement, it could take 5, 10, 20, maybe sometimes 25 years to pay off the debt by only making minimum payments. We have smartly devised a perpetual cash flow system whereby many hard-working people make monthly payments to us.
Because of loyal consumers like yourself, many financial institutions often pay their top executives billions of dollars in bonus compensation and get to promote and advertise their banks names on tops of buildings. Surely there’s a prominent building or two that may be commonly called the ABC Bank building or something similar in your area.
We Bankers believe in relationships. You and I have been together for a long time and we’re going to continue to be together for a long time, maybe for the rest of your life.
Fortunately for us credit card bankers, there are countless commercials on TV that promote credit scores, credit cards, identity theft, etc. You’ve surely seen them. We believe this only enhances our ability to be profitable as much as possible. Because it helps fuel the merry-go-round for us causing many credit score paranoid consumers to pay perhaps one and a half, or even two or more times what was originally charged. Maybe, consumers should look at future purchases and double it, because often enough, that is what it may cost.
Again, thank you for your loyalty.
Your CREDIT CARD Banker