In response to Arney wondering why a credit card issuer wouldn't want a customer who pays their bill...
I just wanted to clarify--so this is an argument for why banks and CC companies want to drop those who pay every month? It's obvious why the carry-a-balance folks are a gold mine for the banks, but I still haven't heard a good reason to jettison the pay-in-full folks that they already have.
Just a shot in the dark, but I wonder if they've been asked/forced to "reduce their risk exposure."
Who would they drop? Not the folks who are paying 15-20% and have no other choice. They will drop the "non-producing risk" which is no risk at all. So it looks good on the books even though it's B.S.
My $0.02.
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