Don't Fret ManThank you so much for the "SMART CONSUMERS CREDIT CARD" advice, and enlightening me with your financial wisdom.
If the Credit Card businesses (PLURAL, meaning more than one) were a monopoly they could not be collectively "monopoles" as you allude.
There would only be one of them "MONOPOLES" not as you pointed out several to choose from offering several interest rates and options.
If credit was indeed a "MONPOLE" or "MONOPOLES" as you wrote there would be only one (Single meaning one) credit card company dictating to you the interest rate and terms of your arrangement and take it or leave it, only option.
###### is a monopoly because it is the only company period offering their kind of "service" on Ebay you have to use ###### to do business on EBay another monopoly and their company dictated to me to change my valid credit card, as a result I have chosen not to do business with the monopolies EBay or ######..
Yes I am free to choose any credit card I like but I have no qualms with my credit card or credit card company whom are affiliated with my chosen bank (another story all together, yes there are more than one) so I choose to stay with them as opposed to choosing many of the non-monopoly credit card options we all have. Monopoly typically means one option or no other options.
Monopoly or monopolies is the proper term and spelling.
Thanks for the heads up "SMART CONSUMER"!