Political Quotes

James A. Leach: “The only basis for canceling the card is if the card would not be in use for better than a 3-month period. That is a…”

On the recordOctober 9, 1998
The only basis for canceling the card is if the card would not be in use for better than a 3-month period. That is a fairly common sense circumstance. So a financial institution does not have to carry the cost of dealing with people who do not use their card.
Said by
James A. Leach
Iowa

Editor's note · Context

Discussing the rationale for canceling inactive credit cards.

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