Comments on: An Interesting Credit Card Company Tactic http://www.bloggingawaydebt.com/2006/07/an-interesting-credit-card-company-tactic/ Our Journey to a Debt-Free Life Sat, 07 Nov 2009 20:44:47 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Rachael http://www.bloggingawaydebt.com/2006/07/an-interesting-credit-card-company-tactic/comment-page-1/#comment-434360 Rachael Tue, 01 Apr 2008 19:01:21 +0000 http://www.bloggingawaydebt.com/?p=300#comment-434360 I got the same message a few weeks ago. Seems like the love using these tactics! I got the same message a few weeks ago. Seems like the love using these tactics!

]]> By: Craig http://www.bloggingawaydebt.com/2006/07/an-interesting-credit-card-company-tactic/comment-page-1/#comment-613 Craig Sun, 06 Aug 2006 15:40:45 +0000 http://www.bloggingawaydebt.com/?p=300#comment-613 I think credit card companies do this so that you have a higher balance at the end of the introductory (low interest rate) period. Thus, they get more money eventually. I accept these offers and rather than using the money I save for a '$49 vacation', I increse my payment to a higher-interest-rate credit card that month. I think credit card companies do this so that you have a higher balance at the end of the introductory (low interest rate) period. Thus, they get more money eventually.

I accept these offers and rather than using the money I save for a ‘$49 vacation’, I increse my payment to a higher-interest-rate credit card that month.

]]> By: Money Under 30 » Blog Archive » Carnival of Debt Reduction for Monday, July 24, 2006 http://www.bloggingawaydebt.com/2006/07/an-interesting-credit-card-company-tactic/comment-page-1/#comment-504 Money Under 30 » Blog Archive » Carnival of Debt Reduction for Monday, July 24, 2006 Mon, 24 Jul 2006 15:55:52 +0000 http://www.bloggingawaydebt.com/?p=300#comment-504 [...] Tricia presents An Interesting Credit Card Company Tactic posted at Blogging Away Debt. [...] [...] Tricia presents An Interesting Credit Card Company Tactic posted at Blogging Away Debt. [...]

]]> By: sean http://www.bloggingawaydebt.com/2006/07/an-interesting-credit-card-company-tactic/comment-page-1/#comment-415 sean Mon, 17 Jul 2006 18:39:32 +0000 http://www.bloggingawaydebt.com/?p=300#comment-415 I used to get offers like this all the time from one of my credit card companies, though I can't recall exactly who it was offhand. Actually, it was a <strong>better</strong> deal than this - <strong>no</strong> payment for the month</strong> (<em>oh, but the finance charges continue to accrue, of course. in microprint.</em>). They probably still occassionally offer the chance up, but it's been awhile since I've read through all the junk in my paper statements (outside of verifying that nothing that wasn't posted online shows up). I used to get offers like this all the time from one of my credit card companies, though I can’t recall exactly who it was offhand. Actually, it was a better deal than this – no payment for the month (oh, but the finance charges continue to accrue, of course. in microprint.).

They probably still occassionally offer the chance up, but it’s been awhile since I’ve read through all the junk in my paper statements (outside of verifying that nothing that wasn’t posted online shows up).

]]> By: D http://www.bloggingawaydebt.com/2006/07/an-interesting-credit-card-company-tactic/comment-page-1/#comment-414 D Mon, 17 Jul 2006 16:03:40 +0000 http://www.bloggingawaydebt.com/?p=300#comment-414 Funny, I got the same message on my visa bill this month. I always pay this card off monthly - so I found the offer strange as well. Perhaps our credit companies are hurting for money. Nah! - Scammers!!! Funny, I got the same message on my visa bill this month. I always pay this card off monthly – so I found the offer strange as well. Perhaps our credit companies are hurting for money.

Nah! – Scammers!!!

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