When I was a young man right out of the Marine Corps, a credit card was near impossible to get. I applied for a few and was turned down by all.
Fast forward 30 years and my daughter just graduates from HS in 2005, and credit cards are practically being throw at her.
And they wonder why we have $18 Trillion dollars in household debt?........................
“When I was a young man right out of the Marine Corps, a credit card was near impossible to get. I applied for a few and was turned down by all.”
Shortly after I went into the Navy, my father signed a personal loan at the local bank so I could buy a car.
Something in the system triggered and they sent me a MasterCard.
It came in very handy, particularly with renting cars and hotel rooms.