I finally tallied......

[Guest]

My household received 545 solicitations for credit cards in the mail in 2007.

 

[Guest]

That's less than 2 a day.
Hate to brag, but I have you well beat.
Amex and Capital One being the clear two winners...

 

[Dave Richards]

My household received 545 solicitations for credit cards in the mail in 2007.

We get about 10 a week. Is it any wonder we're having credit issues in the US?!?

 

[NutmegCT]

So we're the (minority?) that just tear 'em up. Think about the thousands of folks who get 'em and say "wow - now we can buy MORE stuff".

I'm getting that sinking feeling again:

https://money.cnn.com/galleries/2008/news/0803/gallery.economy_overview/

T.
Edit: Do your numbers also include the continual stream of blank checks we get for cash advances, with 0% interest for a few months? Yeesh ....

 

[Tinster]

So we're the (minority?) that just tear 'em up. Think about the thousands of folks who get 'em and say "wow - now we can buy MORE stuff".

Edit: Do your numbers also include the continual stream of blank checks we get for cash advances, with 0% interest for a few months? Yeesh ....

We each have only one Visa card. We use them mainly to build
frequent flyer miles for trips. We pay them off every month.

Our 2 credit card companies are constantly bugging us, by
phone, to take $500 cash advances to pay down our "other" debts.
We have no other debts and always ask to be taken OFF their
call list.

They continue to bug us anyway.

I remember "back in day" you had to jump thru hoops just to get an
Esso gasoline credit card. And a Sears card was golden.

d

d

 

[NutmegCT]

"We have no other debts"

Dale - that is fantastic. I wonder how many folks can honestly say that. Bravo.

Ever see that commercial, where the guy shows us his new house, new car, country club membership, etc., and then says "How do we do it? We're in debt up to our eyeballs."

Well done sir.
T.

 

[bugimike]

Well, you can count me in that club!!!

It's hard enough paying the monthly bills I've got let alone contemplating ones I don't need and can't afford!

 

[Tinster]

Yupper !!

We get a great chuckle from that commercial
because we know folks like that family.

They think they have it all when the reality is....
they have nothing at all.

My grandma used to tell me to put the first 20% of
my paycheck into savings. The remainder was for housing,
car, food, etc. Live within yer means, save, Grow wealth.

d

 

[NutmegCT]

Well, you can count me in that club!!!

It's hard enough paying the monthly bills I've got let alone contemplating ones I don't need and can't afford!

Bravo Mike! At least there's a few of us left that remember that fact.

Dale - no truer words fella.

<span style="font-style: italic">"Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery."</span> - Charles Dickens, David Copperfield, 1849

Living within your means - priceless.

T.

 

[bugimike]

We always got a chuckle out of that commercial too, Dale!!

As Willie the Shake once said, "Neither a borrower nor a lender be!"