Article View: misc.consumers
Article #7711Re: Yet another bad credit question
From: Marni Klein
Date: Thu, 28 Sep 1995 00:00
Date: Thu, 28 Sep 1995 00:00
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2386 bytes
In article <447obt$5pe@taco.cc.ncsu.edu>, Steven J. Crisp <sjcrisp@unity.ncsu.edu> wrote: >Glen Roberts (glr@ripco.com) wrote: > >: : What bullshit. Credit cards aren't the slippery slope to financial ruin, >: : idiotic use of credit cards is. There's a huge difference. > >: Why must be always think that it is necessary to live beyond our means? >: The *MAIN* benefit of credit cards is for the bank executives that earn >: huge salaries, the stockholders, and businesses that can snooker you >: into buying more on impluse. > >HUGE error of logic here...If you never live beyond your means then I >would suspect that you would never take out a mortgage or a car loan. Nor >would I expect you to ever purchase a major appliance or institute >significant home repairs on credit. > >The "*MAIN*" benefit of credit cards is for the convenience of the user. >If the user abuses that privilege, then he has only himself to blame. >Further, if one pays off the outstanding balance every month then what >makes credit cards any different from using cash? > You tell 'em! We had this exact same argument here a couple of months ago and I got flamed badly, I am still a little crisp arounf the edges. If only people would take responsibility for their own action! It is not as if the corporate bad-boys are twisting your arm to buy that car or that suede jacket! Many people live on public transportation or a clunker they paid cash for, just because someone is making a profit, doesn't mean it is a bad thing. Crack is a bad thing...credit isn't. -- Marni - mklein@nyx.cs.du.edu
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 107518,fa5c6332739d77aa X-Google-Attributes: gid107518,public X-Google-Thread: 112b7d,fa5c6332739d77aa X-Google-Attributes: gid112b7d,public X-Google-Thread: 113ff4,fa5c6332739d77aa X-Google-Attributes: gid113ff4,public From: mklein@nyx10.cs.du.edu (Marni Klein) Subject: Re: Yet another bad credit question Date: 1995/09/28 Message-ID: <44fp37$koa@nyx10.cs.du.edu> X-Deja-AN: 110929721 references: <440ugc$nig$1@mhafn.production.compuserve.com> <4422ji$m1i@news4.digex.net> <DFExM8.A19@rci.ripco.com> <447obt$5pe@taco.cc.ncsu.edu> organization: University of Denver, Dept. of Math & Comp. Sci. newsgroups: misc.consumers,bit.listserv.mba-l,soc.college.grad