Comments on: The thing about credit cards…

By: The Mascot

The Mascot — Wed, 24 Dec 2008 16:15:28 +0000

@Derek: Personally, my favorite posts are the ones that say “Posted by The Mascot” at the bottom.

@tanc: I think it’s working perfectly. Personally, I like to read about the dim people to make me feel better about myself.

By: tanc(happyhippo)

tanc(happyhippo) — Tue, 23 Dec 2008 01:35:03 +0000

Hmmm…. looks like relying on Mother Nature to do her “natural selection” process doesn’t seem to be working fast enough.

By: Derek Slater

Derek Slater — Mon, 22 Dec 2008 19:01:43 +0000

I used to think Weaksauce Losers was my favorite LEP category, but Patently Ineffective has really grown on me.

By: Donnie

Donnie — Mon, 22 Dec 2008 16:10:10 +0000

@Polly: Of course, the banks have to recover from bad loans, so they can’t lower their rates

@Annie: Interesting. Maybe they’ve changed the credit score formula. Now the experts (“experts”?) recommend leaving those cards open.

By: annie

annie — Sat, 20 Dec 2008 08:07:54 +0000

In college, I had CC’s from speciality stores that I used all the time for the coupons they gave out. I was so proud of myself for never keeping a balance. When my fiance (now husband) went to finance our first mortgage together, he was appalled at my credit store. It was like I had an STD. We had to wait six months while I closed all the accounts and waited for my score to recover. I hate CC companies.

By: Polly

Polly — Sat, 20 Dec 2008 05:28:38 +0000

Well, DUH!

Somehow I don’t think the credit card companies will be passing a long the 0% interest rate savings to their customers. It’s far more profitable to collect loads of interest off those poor schlubs who don’t understand why their bill isn’t going down paying the minimum. New math?