[Lapsiks]

Credit card companies still make money on every transaction, whether or not you pay it all off when you get the bill or let it sit there. On every transaction you make, they make at least 3% or more, depending on the card company. Sure, they don't make as much, but considering how there's plenty of people out there who have thousands in credit card debt, they'll still give the people who pay them off insane limits, and they still make money.

Yes sir. I my way of seing things, it can only go up, heres why :

1. Unlike Amex or Discover, Visa doesnt carry the debt, the banks do, so doesnt matter if people default on their bill, the banks are just sol and visa still gets their fee.

2. They Charge transaction fees, so the more people use their cc, doesnt matter for what, the more money they make, and in a world where most people earn points and flyer miles on their cards, alot of people, including me put everything I can on the card. Anything from computer parts for like $800-$1000 to a movie ticket, or even the pop corn for the movie.

3. Unlike the US, many many countries still can grow as far as cc use, as the economy gets better in certain countries in south america, asian and europe, more and more people will start using plastic.

there are probably a couple more things I could say....This is all I remember for now though....lol