Quote:
Originally posted by Brown Bear
keep in mind the fact that CCBill doesn't make money by declining credit cards.
I'm sure they would love to accept it, but for some probably valid reason they declined it.
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That?s what I used to think too, until it actually happened to me. All I am saying is, since CCBill screwed me up big-time it?s happening to some of your other customers too.
Now as far as all you credit expert fuckers, as it happens I was in that business for years providing computer systems for credit collection.
While you are partly right, its a bit more complicated than that. The actual credit algorithms (including Experion (sic?) are pretty complicated and often proprietary. There is some wiggle room for rich bastards like me with 20 cards; otherwise Donald Trump couldn?t get a Visa.
In the 15 years or so I have had 20 cards, I have never been turned down for credit, refinance, mortgage, or anything. Yes, the 20 cards is probably a slight negative in the algorithm, but having perfect credit, no debt, and a house apparently is more important.