Credit Cards and credit card bills |
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 Jun 6 2008, 01:15 PM
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#1
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 Gabbai  Group: Members Posts: 817 Joined: 28-August 04 From: near Toronto, Canada Member No.: 653  |
what's the use of having credit cards when all you do is paying bills to the companies which only makes them rich and does little to help you apart from having a credit score?
-------------------- Eurovision Thread
QUOTE "If the black hats feel their beliefs will not permit them to observe the small courtesies and rituals that oil the wheels of civic life on occasions where they volunteer to interact with their fellow citizens, then let them stay in their self-wrought ghettoes and eschew public life altogether. They can't have it both ways". Barbara Kay Broadly speaking, liberalism emphasizes individual rights and equality of opportunity. Different forms of liberalism may propose very different policies, but they are generally united by their support for a number of principles, including extensive freedom of thought and speech, limitations on the power of governments, the rule of law, the free exchange of ideas, a market or mixed economy, and a transparent system of government |
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Jun 6 2008, 01:32 PM
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#2
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Resisting imamother, resisting imamother, resisting imamother ..  Group: Members Posts: 3,250 Joined: 20-October 05 Member No.: 1,939 |
Well, you're paying for a convenience, aren't you ?
You can also say - why am I paying a cleaning lady, the house gets dirty again? OR Why am I cooking dinner, I'll just have to cook and eat again tomorrow .. -------------------- "Scientific experimentation is like sex. Sometimes something useful comes out of it, but that's not why they do it." Lyric
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Jun 6 2008, 01:46 PM
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#3
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 ~~~ Group: Members Posts: 10,681 Joined: 25-November 04 Member No.: 839 |
QUOTE (sephardic-male @ Jun 6 2008, 02:15 PM)  what's the use of having credit cards when all you do is paying bills to the companies which only makes them rich and does little to help you apart from having a credit score? Er, you do realize that if you pay off your credit cards on time and your card gives you rewards, they're actually paying you to use the card? |
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Jun 6 2008, 02:05 PM
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#4
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 CHALLAH HU AKBAR Group: Members Posts: 3,600 Joined: 2-August 05 From: brooklyn, ny Member No.: 1,702 |
QUOTE (sephardic-male @ Jun 6 2008, 02:15 PM) what's the use of having credit cards when all you do is paying bills to the companies which only makes them rich and does little to help you apart from having a credit score? Right, and that's not remotely important. 
-------------------- QUOTE (Kalashnikover_Rebbe @ May 25 2008, 08:00 PM) OK Now, I'm sure of it. I DO :wub: you........ Why aren't the rest of the chicks like you.... :( QUOTE (the Real Adiel @ Nov 11 2008, 09:09 PM) I got a Yeshiva education. Lower your expectations. |
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Jun 6 2008, 02:18 PM
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#5
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Gabbai Group: Members Posts: 817 Joined: 28-August 04 From: near Toronto, Canada Member No.: 653 |
QUOTE (Goldfish @ Jun 6 2008, 02:46 PM) Er, you do realize that if you pay off your credit cards on time and your card gives you rewards, they're actually paying you to use the card? Credit card rewards are a real rip off http://money.cnn.com/2008/06/02/pf/rawdeal...sion=2008060211 stop letting credit card scam companies run you life -------------------- Eurovision Thread
QUOTE "If the black hats feel their beliefs will not permit them to observe the small courtesies and rituals that oil the wheels of civic life on occasions where they volunteer to interact with their fellow citizens, then let them stay in their self-wrought ghettoes and eschew public life altogether. They can't have it both ways". Barbara Kay Broadly speaking, liberalism emphasizes individual rights and equality of opportunity. Different forms of liberalism may propose very different policies, but they are generally united by their support for a number of principles, including extensive freedom of thought and speech, limitations on the power of governments, the rule of law, the free exchange of ideas, a market or mixed economy, and a transparent system of government |
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Jun 6 2008, 02:24 PM
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#6
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~~~ Group: Members Posts: 10,681 Joined: 25-November 04 Member No.: 839 |
QUOTE (sephardic-male @ Jun 6 2008, 03:18 PM) Credit card rewards are a real rip off http://money.cnn.com/2008/06/02/pf/rawdeal...sion=2008060211 stop letting credit card scam companies run you life From the article: QUOTE Of the different reward cards available, the most popular programs are cash back, where customers receive a percentage of expenditures back in either a check or money off of their next bill. Other reward cards rack up "points" which can be redeemed for various items, or offer people discounts at certain hotels, stores, restaurants and gas stations. And while cash back, gas and grocery rewards credit cards can offer some relief for costly essential items, they often carry higher annual percentage rates than traditional credit cards, Consumer Reports said. Looking at some of the more generous credit card rewards programs, the study found that rates varied from 9.74% to as much as 19.99%. This is totally irrelevant if you pay off the card in full every month, so, like I said, they're paying you. I hate when people blame credit card companies when they're the ones who are spending more money than they have and then have to pay fees and/or when they can't be bothered to read the fine print and have trouble getting their rewards. |
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Jun 6 2008, 02:33 PM
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#7
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Gabbai Group: Members Posts: 817 Joined: 28-August 04 From: near Toronto, Canada Member No.: 653 |
QUOTE (Goldfish @ Jun 6 2008, 03:24 PM) From the article: This is totally irrelevant if you pay off the card in full every month, so, like I said, they're paying you. I hate when people blame credit card companies when they're the ones who are spending more money than they have and then have to pay fees and/or when they can't be bothered to read the fine print and have trouble getting their rewards. credit card companies call those who pay on time deadbeats -------------------- Eurovision Thread
QUOTE "If the black hats feel their beliefs will not permit them to observe the small courtesies and rituals that oil the wheels of civic life on occasions where they volunteer to interact with their fellow citizens, then let them stay in their self-wrought ghettoes and eschew public life altogether. They can't have it both ways". Barbara Kay Broadly speaking, liberalism emphasizes individual rights and equality of opportunity. Different forms of liberalism may propose very different policies, but they are generally united by their support for a number of principles, including extensive freedom of thought and speech, limitations on the power of governments, the rule of law, the free exchange of ideas, a market or mixed economy, and a transparent system of government |
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Jun 6 2008, 02:39 PM
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#8
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~~~ Group: Members Posts: 10,681 Joined: 25-November 04 Member No.: 839 |
QUOTE (sephardic-male @ Jun 6 2008, 03:33 PM) credit card companies call those who pay on time deadbeats What do I care? I'm getting money out of the deal. Let them call me whatever they like. |
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Jun 6 2008, 02:44 PM
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#9
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 Now A Genome Sequencer Group: Members Posts: 13,052 Joined: 23-May 05 From: Tipah Sirucha Member No.: 1,516 |
QUOTE (Goldfish @ Jun 6 2008, 03:39 PM) What do I care? I'm getting money out of the deal. Let them call me whatever they like. What if they call you a tushie head ?  9 -------------------- "Eat. Spit. Be Happy." -Davids
"Who is wise? he who can learn from every man. can be applied here, getting 'inspiration' from a one eyed whacko." - soapmaker " He who stands on toilet is high on pot" -Confucius " When life gives you lemons make lemonade..... but if life gives you a handful of cr@p, dont try making anything out of it, trust me on that one. -Dahlai Lama " I love Jews." -Somebody must have said it, somewhere "A good friend will come and bail you out of jail................. but a true friend will be sitting next to you saying "d@mn that was fun". Make aliyah, or aliyah will make you. OFF SAVING THE WORLD |
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Jun 6 2008, 02:51 PM
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#10
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~~~ Group: Members Posts: 10,681 Joined: 25-November 04 Member No.: 839 |
QUOTE (doodlehead @ Jun 6 2008, 03:44 PM) What if they call you a tushie head ? Are they going to come to my house and say that to my face? Except what's silly about this is that even if I pay the credit cards on time, they've still made money on my purchase because the vendor that I bought the item from has to pay them. That's why some places (illegally) say that to make a credit card purchase, the total has to be more than a certain amount. Otherwise, it's not worth it for them. |
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Jun 6 2008, 02:57 PM
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#11
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 Rebbe  Group: Members Posts: 1,637 Joined: 17-September 07 Member No.: 6,891 |
QUOTE (Goldfish @ Jun 6 2008, 03:51 PM) Except what's silly about this is that even if I pay the credit cards on time, they've still made money on my purchase because the vendor that I bought the item from has to pay them. That's why some places (illegally) say that to make a credit card purchase, the total has to be more than a certain amount. Otherwise, it's not worth it for them. Exactly, I was just about to write that. Credit card companies earn a great deal of revenue from merchants by charging a "discount rate" in exchange for processing the payments The discount rates vary between credit card companies, but the point is that the credit companies still have a financial interest in retaining as customers cardholders who pay off their bills in full every month. |
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Jun 6 2008, 03:01 PM
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#12
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~~~ Group: Members Posts: 10,681 Joined: 25-November 04 Member No.: 839 |
QUOTE (sephardic-male @ Jun 6 2008, 02:15 PM) what's the use of having credit cards when all you do is paying bills to the companies which only makes them rich and does little to help you apart from having a credit score? BTW, how do you expect credit cards to help you? Are they supposed to carry your groceries for you? Make your hair smooth and shiny? Take an inch off your waist? Change your lightbulbs? Let's be serious. Credit cards have rules. If you can follow the rules, you can come out ahead. |
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Jun 6 2008, 03:15 PM
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#13
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 Sanctimonious Pleasure Seeker Group: Members Posts: 9,989 Joined: 3-September 04 From: a frummie big town Member No.: 662 |
QUOTE (sephardic-male @ Jun 6 2008, 02:15 PM) what's the use of having credit cards when all you do is paying bills to the companies which only makes them rich and does little to help you apart from having a credit score? Idiots who don't understand how credit cards work end up paying a huge amount in interest. I get rewards and all sorts of great stuff and have never have paid a credit card fee in my life. QUOTE (Goldfish @ Jun 6 2008, 02:46 PM) Er, you do realize that if you pay off your credit cards on time and your card gives you rewards, they're actually paying you to use the card? Exactly. I love my credit cards. QUOTE (sephardic-male @ Jun 6 2008, 03:33 PM) credit card companies call those who pay on time deadbeats That's their problem. And how do you know that? They're nice to me when I call up and have a question. -------------------- "Except for the most part what people seem to be pining for is licentiousness and debauchery and culinary experimentation, rather than wearing a srugie and a blue shirt at a simchah sitting next to a person of the opposite gender while eating fresh strawberries while checking your emails from the Sen. Obama camp on your Blackberry." ~ Melech
"The quest to be non-nebach is what keeps the whole of our society going." ~ Int |
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Jun 6 2008, 03:20 PM
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#14
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~~~ Group: Members Posts: 10,681 Joined: 25-November 04 Member No.: 839 |
QUOTE (brianna @ Jun 6 2008, 04:15 PM) They're nice to me when I call up and have a question. Yeah, and they were on my side when I had a weird dispute with a merchant. |
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Jun 6 2008, 03:22 PM
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#15
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Now A Genome Sequencer Group: Members Posts: 13,052 Joined: 23-May 05 From: Tipah Sirucha Member No.: 1,516 |
QUOTE (Goldfish @ Jun 6 2008, 03:51 PM) Are they going to come to my house and say that to my face? Nope. 9 -------------------- "Eat. Spit. Be Happy." -Davids
"Who is wise? he who can learn from every man. can be applied here, getting 'inspiration' from a one eyed whacko." - soapmaker " He who stands on toilet is high on pot" -Confucius " When life gives you lemons make lemonade..... but if life gives you a handful of cr@p, dont try making anything out of it, trust me on that one. -Dahlai Lama " I love Jews." -Somebody must have said it, somewhere "A good friend will come and bail you out of jail................. but a true friend will be sitting next to you saying "d@mn that was fun". Make aliyah, or aliyah will make you. OFF SAVING THE WORLD |
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