It is about greed. I have a friend who borowed 2k on a card to repair his home. After making regular on-time payments for over a year, Hurricane Katrina hit. They told him "we understand, you can skip your payments until January" Yet Jan. rolled around and they tagged him with interest payments and other fees on top of his regular resumed payment. The problem is, it was too much for him to handle at once. He fell behind and was bombarded with late fees and all sorts of things. He is now tagged with "broken promises" and owes nearly twice as much as he borrowed.
Adding up his payments - he has paid them over $7200.00 yet still owes them about 3k -lol- that is unbelievable.
Yes they are evil - sorry this type of usery can not be justified.