Re: Yet another bad credit question

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Article #7714

#7714

From: Christian M. Restifo
Date: Sun, 01 Oct 1995 00:00

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SNOJXB@sdcmvs.mvs.sas.com wrote:

>The main difference is to the bank. If you pay cash for an item the
>store keeps all the profit. If you pay with a credit/debit card the
>bank gets a percentage of the sale. It's not a lot but it does add
>up. So the bank wins whether you pay off the card each month or
>not.
> 
>Isn't Capitalism GREAT!!!!!!!!!!!!!!

then get a credit card issued by a credit union. money 
essentially goes back into your pocket as a shareholder of the 
credit union.....which might help explain why the banking 
industry is againt them.....

--------------------
Christian M. Restifo, Operations Supervisor
LTV Steel Tubular Products Company -- The New Strength in Steel
Restifo@cris.com
cr2r+@andrew.cmu.edu
http://www.cris.com/~Restifo

I like to hold fuzzy little animals and give them huggie 
wuggies.

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From: "Christian M. Restifo" <Restifo@cris.com>
Subject: Re: Yet another bad credit question
Date: 1995/10/01
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