Oregon Mortgages

Credit Card Companies UP the Ante!

So of course I am at my laptop working away with my email open, bluetooth on my ear, messenger’s open trying to solve some of these loan problems I’ve recently ran into. I get email news updates from all sorts of companies…some worth reading, some only worth adding to my “Block” list…I did just come across an interesting article about credit card rewards and every company trying to constantly up the ante to attract people..

Now it appears that in May American Express is allowing people to use their credit card to make their mortgage payments… Quite interesting, you can get miles out of it and alter due dates so to speak… I can see a lot of people getting into credit card debt (even worse than it already is). Could we ever see the credit card industry buckle somewhat like the Mortgage/Real Estate world has? For some reason I doubt it but it does get interesting when they start offering all sorts of kickers with it all. I guess in American Express’ case they are only allowing it with PRIME mortgages so they can limit themselves from the subprime mess.

I’m not opposed to paying my mortgage with an American Express (Although, I don’t even have one) I am one those people that would rather pay EVERYTHING with a credit card and then make one payment to the credit card to pay it off. I hate seeing tons of transactions in my debit account. I feel like I lose money at times…haha. I guess I should balance it a little better!!