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I know many people without credit cards
Just because they are hard to get. I don't really understand how one qualifies for a credit card. I mean I struggled to get one even though I had a spotless credit rating and I make lots of cash. I can go to the bank and get an unsecured line of credit in minutes but when it comes to credit card companies they are hesitant.

Then I look at who they are giving credit cards and I really begin to wonder about thier sanity. They give jobless single mothers credit cards who are living near poverty. They give students with no jobs cards to buy beer. They give cards to people who have gone bankrupt.

This really makes you wonder. But I think I have the answer. They want people to rack up credit beyond their ability to pay the full balance by the end of the month. They do this to maximize profits on interest by getting people who can only pay the minimum payment and consider those who never pay as an acceptable right off.

To test this theory I took my credit card that had only $500 limit and let a balance of $500 sit on it for 3 months while just paying the minimum payment. Three months later my limit was increased to the $1000 with out me even requesting it. Now I paid off the balance and for 3 years it has stayed at $1000.

Strange! But one the other side it just shows people don't care about privacy when it come to credit cards.
Posted by: voska   Posted on: 05/13/04 You are currently: a Guest | Members login | Terms of Use
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Until Bush/Kerry-like guys and their BOSS are in power ? say NO.  Vily Clay | 05/13/04
Who has the most money?  voska | 05/13/04
Contact your nearest mental health professional immediately  ShadeTree | 05/13/04
not very smart are you  blahblahblah | 05/13/04
blahblahblah, ShadeTree gave you a good advise he was followed. (NT)  Vily Clay | 05/13/04
OK, blahblahblah, ShadeTree. Let?s try an IQ test for you.  Vily Clay | 05/13/04
Take yiur silly political statements somewhere else.  No_Ax_to_Grind | 05/13/04
No_Ax_to_Grind, you did not pass the test. I am very sorry. (NT)  Vily Clay | 05/13/04
Vily, you are indeed a very sorry person.  No_Ax_to_Grind | 05/13/04
So, you think nothing is wrong with the industry & country. That?s new.(NT)  Vily Clay | 05/13/04
Bush & USA = good, Saddam = bad...  prime21 | 05/13/04
Do you know US said Saddam OK to attack Kuwait? Is that democracy too? (NT  Vily Clay | 05/13/04
Ha. Ya right! ROTFLMAO...  prime21 | 05/13/04
To prime21 about pathetic existence. I have the mirror - take a look in.  Vily Clay | 05/13/04
good, keep it costly  blahblahblah | 05/13/04
WIll it happen in the US? Of course it will.  No_Ax_to_Grind | 05/13/04
Someone steals your RFID chip hammer and kills someone.  Xunil_Sierutuf | 05/13/04
Dead is dead, RFID has nothing to do with it.  No_Ax_to_Grind | 05/13/04
I know many people without credit cards  voska | 05/13/04
I pay mine off every month..  Patrick Jones | 05/13/04
You make my point for me. Thank you.  No_Ax_to_Grind | 05/13/04
Not at my house...  Patrick Jones | 05/13/04
You name the tech. I'll show you its advantages.  No_Ax_to_Grind | 05/13/04
Ok....  Patrick Jones | 05/14/04
Tech is cool so long as our hardware remains OUR hardware  Xunil_Sierutuf | 05/13/04
You must be dreaming.  No_Ax_to_Grind | 05/13/04
On ownership  jellyclock | 05/14/04
What you just said..........  middle of nowhere | 05/14/04
Without limits is O.K. but........  pj-xmesh | 05/15/04

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