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Originally Posted by Greg B
Oh this is why I don't use credit cards.
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Kinda the same here Greg, tho do use em for odd stuff but that is autopaid direct by banks. You sure the term is "credit cards" and not "loan shark cards"?
About 14 months ago the CEO or whoever at Visa was being interviewed. He was very open about Visa's plans and even admitted they want as many cards out there as possible because there will come the time when there will be failure to pay... and can remember his words clearly - "That's when we've got them"
He also admitted the market for personal cards is exhausted and they are addressing "company cards" and other satellite projects to persuade more people to be cardholders.
On such project was enticing retired people in Moscow to get 10% reduction on script costs and sign up for a nice plastic card.
Dunno if they thought of robbing the blind yet - but that will come soon enough
