Credit is finally available, but no one wants it - Page 2 - GoFuckYourself.com

The Heron · 08-30-2010, 03:54 PM

and I managed to double my credit with a new card during the peak of the financial crisis. I pay my cc off monthly and actualy make money from mine with cash back rewards and my new cc gets me other perks. So cc managed properly can actually be profitable!

woj · 08-30-2010, 03:54 PM

51 evil banks

Amputate Your Head · 08-30-2010, 03:56 PM

Quote:

Originally Posted by The Heron

and I managed to double my credit with a new card during the peak of the financial crisis. I pay my cc off monthly and actualy make money from mine with cash back rewards and my new cc gets me other perks. So cc managed properly can actually be profitable!

that's not only a piss poor reason to use a credit card, but it's also one of their best hooks.

"rewards"

spend a shit ton of money, go into debt with us, and we'll mail you a toaster.

dyna mo · 08-30-2010, 03:57 PM

Quote:

Originally Posted by woj

that won't change anything anyway, people will still live beyond their means, so they will still get fucked on fees/interest, and banks will still be evil...

i'm sure there are teams of brainiacs on wall street finding dozens of loopholes in it all.

CYF · 08-30-2010, 04:03 PM

Quote:

Originally Posted by 2012

* no credit only cash accepted
* we also use an abacus to calculate totals
* you been here befaw ?

there's a local chinese place that is cash only. Instead of paying the CC companies a percent to process, they make money off the atm fees.

woj · 08-30-2010, 04:05 PM

Quote:

Originally Posted by Amputate Your Head

the other problem woj, is that they advertise everywhere, tv for example, with images of baseball games and children and all that crap, but never warn of consequences, never recommend using credit responsibly... even beer commercials tell you to drink in moderation. the cc's only focus is to try to get you spend, spend, spend.

when was the last time you saw a CC commercial talking about financial responsibility?

the odds are stacked against you no matter how much you try to understand their fine print or their risks. there is so little to be gained, and so much to lose, when all that has to be done is simply don't accept their offers.

you might be right, if you are not comfortable with their rules or the way they do business, not using credit cards is a fine choice...

I think credit cards are a useful tool if used correctly, there are certainly some risks involved but some benefits too, for me the benefits outweigh the risks...

dyna mo · 08-30-2010, 04:10 PM

let's not forget to figure in the dramatic difference between average growth of income v. average cost of living. i believe i've read that ave income increase is .4% while the ave cost of living increase is 8%. that is massive.

massive.

Amputate Your Head · 08-30-2010, 04:14 PM

Quote:

Originally Posted by woj

you might be right, if you are not comfortable with their rules or the way they do business, not using credit cards is a fine choice...

I think credit cards are a useful tool if used correctly, there are certainly some risks involved but some benefits too, for me the benefits outweigh the risks...

btw, i also don't play in the casinos. the odds are always in the house's favor.

edit: well that's not entirely true. if I do decide to play at a casino, i set a limit, ($100 bucks or whatever) and consider it lost money, right up front. basically like, paying for entertainment. there's no way to get ass-raped or disappointed when you intend on it being gone at the end of the day.

dyna mo · 08-30-2010, 04:20 PM

Quote:

Originally Posted by Amputate Your Head

btw, i also don't play in the casinos. the odds are always in the house's favor.

at least with casinos, you know it's a gamble.

rowan · 08-30-2010, 05:59 PM

Quote:

Originally Posted by Amputate Your Head

so it was back to the old standard reply..... take everything they sent, including the external envelope, shove it all inside the return prepaid envelope, fill up the rest with trash & rocks, and mail it back with a sticky note: "no thank you."

Hope you crossed out your details first?

I find it quite satisfying to scribble "NO THANKS" over the return reply bit pretty much as soon as I receive the offer, knowing that if I falter in the future - sheet of paper still in the "to shred" pile - the offer will be be void anyway.

Amputate Your Head · 08-30-2010, 06:02 PM

Quote:

Originally Posted by rowan

Hope you crossed out your details first?

I find it quite satisfying to scribble "NO THANKS" over the return reply bit pretty much as soon as I receive the offer, knowing that if I falter in the future - sheet of paper still in the "to shred" pile - the offer will be be void anyway.

yeah.... that's a good method. I used to do that. I had a big rubber stamp made with red ink "Shred It".... but then I thought, why not help out the USPS at the same time I can cost the bank money.

08-30-2010, 03:54 PM	#52
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	51 evil banks __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

08-30-2010, 03:54 PM	#51
The Heron Confirmed User Industry Role: Join Date: Apr 2001 Location: Michigan Posts: 4,487	and I managed to double my credit with a new card during the peak of the financial crisis. I pay my cc off monthly and actualy make money from mine with cash back rewards and my new cc gets me other perks. So cc managed properly can actually be profitable!

08-30-2010, 04:10 PM	#57
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 65,148	let's not forget to figure in the dramatic difference between average growth of income v. average cost of living. i believe i've read that ave income increase is .4% while the ave cost of living increase is 8%. that is massive. massive.