Quote:
Originally Posted by After Shock Media
I have always felt that credit cards should only end up in the hands of the select people who have built up a very long credit history. Not those with bad credit, no credit etc. For those people they should be limited to debit and secured cards only.
So again greed by some, buying shit you more than likely do not need when you can not afford it for others, and then some just ignoring debt all together.
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Having worked in the past for Capital One, I totally agree. We dealt with primarily American cardholders - and some days I came home from work in complete disbelief of the mentality of both cardholders and CapitalOne itself.
Often I saw people with two or three charged-off accounts STILL being handed new Capone cards (usually with a $500 limit and 28% or greater interest rate).
Unbelievable.