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Yahoo Answers! Credit Cards This is a RSS feed for Topics from Yahoo Answers! That pertain to the discussion of credit cards, bad credit cards and credit limits. Feel free to discuss this in the credit card discussion Forum. MEMBERS WITH THE DESIGNATION Powered by Yahoo! Answers under their names ARE BOOTS FROM YAHOO ANSWER...! NEW THREADS MUST BE STARTED ON REGULAR FORUMS, MEMBERS ARE HOWEVER ABLE TO ANSWER OR PARTICIPATE WITH CURRENT THREADS...

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Old 10-16-2007, 05:28 PM   #1 (permalink)
ynra
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i have a friend who has horrible credit and she only gets credit cards max them out and don't

pay them? this is really bad but then why do the credit card companies keep on sending her credit cards when it's odvious that she doesn't pay her bills? shouldn't they stop sending her applications?
 
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Old 10-16-2007, 05:28 PM   #2 (permalink)
StephenWeinstein
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No, they make more money on the folks who do not pay, due to late fees, etc.
 
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Old 10-16-2007, 05:29 PM   #3 (permalink)
gimpalomg
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Seems obvious to me too.

Buy an alcoholic a bottle of booze, a arsonist a 5 pack of disposable lighters and someone unable to manage their credit a brand new credit card.

IMO it is a bit counterproductive.
 
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Old 10-16-2007, 05:30 PM   #4 (permalink)
Studly
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Isn't it amazing how the banks keep offering credit to people who are already stretched way over their head...then cry because their profits are going down the toilet due to all the charged off accounts?

They deserve what they get.
 
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