Hilarious

[Busyman]

Skweeky, how on earth do you think people fall for the king of nigeria email scams? Don't think getting a letter from a credit card company saying fill in this and you can have £8k is pretty similar?

People that fall for that are idiots too.

I have to agree with Skweeky. Unless this 20 year-old didn't fill out a credit card offer and/or never heard of a credit card, she's a dumbass.

[Agrajag]

A 20 year old getting an 8 kiloquid limit at the start is really rather weird.

Are you sure it wasn't daddy's card and she was another user.

[Skweeky]

Naw, she was 20-something, I remember because she forgot her password so I had to ask her complete date of birth and her occupation.

And she didn't fill in anything. She made an application over the phone which mean that she first had to chose between about 6 different cards and thus us having to tell her the benefits of all of the things.

The fact that she had an initial 8K limit means that she HAS to have some sort of credit history, and a pretty good one too. We're pretty strict on that, in fact, we get a lot of people complaining their initial limit isn't high enough.

I feel sorry for people who naively apply for credit cards, spend the money and run up loads of debt they can't pay off.
I don't feel sorry for people who apply for something and don't understand what they are applying for. It's a stupid thing to do.

[Agrajag]

Naw, she was 20-something, I remember because she forgot her password so I had to ask her complete date of birth and her occupation.

And she didn't fill in anything. She made an application over the phone which mean that she first had to chose between about 6 different cards and thus us having to tell her the benefits of all of the things.

The fact that she had an initial 8K limit means that she HAS to have some sort of credit history, and a pretty good one too. We're pretty strict on that, in fact, we get a lot of people complaining their initial limit isn't high enough.

I feel sorry for people who naively apply for credit cards, spend the money and run up loads of debt they can't pay off.
I don't feel sorry for people who apply for something and don't understand what they are applying for. It's a stupid thing to do.

I agree with you. She's an idiot.

[Busyman™]

Naw, she was 20-something, I remember because she forgot her password so I had to ask her complete date of birth and her occupation.

And she didn't fill in anything. She made an application over the phone which mean that she first had to chose between about 6 different cards and thus us having to tell her the benefits of all of the things.

The fact that she had an initial 8K limit means that she HAS to have some sort of credit history, and a pretty good one too. We're pretty strict on that, in fact, we get a lot of people complaining their initial limit isn't high enough.

I feel sorry for people who naively apply for credit cards, spend the money and run up loads of debt they can't pay off.
I don't feel sorry for people who apply for something and don't understand what they are applying for. It's a stupid thing to do.

Yeah I always tell folks to (unless they are to the game) ignore the 0% introductory offer.
Go straight to what the % rate will be afterwards.
Look at the method for computing purchases (2-cycle billing sucks ass). Check the grace period.
Note any perks after all-o-dat.

When people get credit cards they should have a plan and not treat it as money but as means to a goal (besides just buying shit willy-nilly).

We have trip ups like:

0% for one year or
transfer balance and get 5.9% for the life of balance or
card has a 8.9 fixed rate but

be late on one payment and we bend you over for 27%

Note for anyone not to be late....set-up automatic payment either through your bank or the merchant.

[Dark Steno]

Skweeky, how on earth do you think people fall for the king of nigeria email scams? Don't think getting a letter from a credit card company saying fill in this and you can have £8k is pretty similar?

Someone in Malaysia trying to do the samething.

[MagicNakor]

My credit cards are pretty much only for emergencies. Of course, right now they're pretty much maxed out.

[Barbarossa]

I always pay them off every month. I only use them for convenience, really.

I'm like, a model citizen

[Skweeky]

And always remember your lowest interest rate balance gets paid off first. Don't take money out of the walls either and avoid using the things abroad.

As I said, I'm an absolute nightmare with money so I don't have any credit cards, I don't want them either because I KNOW I'll get myself in trouble. For the same reason I don't have any contracts or finance. Everything I own is mine and it will stay that way until I am certain I am old and wise enough to pay back whatever I owe at the end of the month.

Common sense, n'est-ce pas?

[Busyman]

Most people don't have common sense. Point in fact, it shouldn't even be called common sense.