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More than 8 million drop out of credit card use(
AP via Yahoo ^
| November 29, 2010
| Eileen Aj Connely
Posted on 11/30/2010 9:17:26 AM PST by US Navy Vet
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To: US Navy Vet
We have not had a credit card for about 15 years now. No problems and life goes on. Yes we still can rent cars and reserve and pay for motel rooms.
To: US Navy Vet
I’m one of them. I paid off my last credit card a few months ago. Haven’t looked back.
22
posted on
11/30/2010 12:19:02 PM PST
by
Domandred
(Fdisk, format, and reinstall the entire .gov system.)
To: El Laton Caliente
It is impossible to rent a car without a real credit card... No it's not. I rent cars and book hotels all the time with my debit card.
23
posted on
11/30/2010 12:21:17 PM PST
by
Domandred
(Fdisk, format, and reinstall the entire .gov system.)
To: US Navy Vet
I'm confused as to why the American Express card is included in the list. For business a credit card is a necessity. American Express is normally paid off on a month to month basis.
Having a second card such as Visa with a zero balance is also a necessity for business in locations that do not accept AE.
Credit cards are tools and need to be used wisely. The only thing that I believe is criminal now are the foreign transaction fees, especially when charged pre-travel on originations in the US. That one just ticks me off.
24
posted on
11/30/2010 12:22:11 PM PST
by
PA Engineer
(Liberate America from the occupation media. There are Wars and Rumors of War.)
To: AppyPappy
I have one also, besides, I don’t mind using a credit card. My experience has been that it is extremely difficult to rent a car with a debit card, especially OCONUS.
25
posted on
11/30/2010 12:24:00 PM PST
by
stuartcr
(When politicians politicize issues, aren't they just doing their job?)
To: stuartcr
I have a Visa debit card. It works just like a credit card but it has the added protection of a PIN.
26
posted on
11/30/2010 12:51:25 PM PST
by
AppyPappy
(If you aren't part of the solution, there is good money to be made prolonging the problem.)
To: posterchild
Credit card use IS debt.
Better analogy is firearms use causes holes in things.
Whether debt or holes is a good thing depends on the application and circumstances.
27
posted on
11/30/2010 12:54:36 PM PST
by
ctdonath2
(+)
To: AppyPappy
That’s what I have. It doesn’t work overseas for car rentals though. It’s my personal account, and I don’t like to use it for work, so I have a couple of credit cards I use when I travel. Sometimes I have problems with AE in Japan at retail stores.
28
posted on
11/30/2010 12:58:11 PM PST
by
stuartcr
(When politicians politicize issues, aren't they just doing their job?)
To: ctdonath2
True but it is temporary (30 day) interest free debt unless it was from a cash advance or if one chooses to ride a balance.
There are good and bad uses of debt but my point was that people’s debt problems cannot be blamed on the credit cards but in how they are used.
29
posted on
11/30/2010 1:33:55 PM PST
by
posterchild
(Endowed by my Creator with certain unalienable rights.)
To: PA Engineer
"I'm confused as to why the American Express card is included in the list. "AE works like any other card now. On the green card the monthly balance has to be paid off. If there is a charge over $200 (maybe $100 now) you can take forever to pay it off. The payment due on that amount is $20 monthly.
To: posterchild
Yeah, but when you’ve got one, you’re more apt to use it. :)
I don’t have a credit card and I do just fine without one.
31
posted on
11/30/2010 4:02:19 PM PST
by
derllak
To: Domandred
The last car I rented in Anchorage, AK out of 8 rental companies only one would take a debit card and they wanted a large cash deposit.
I used to use a debit card all the time but almost no rental company will take them now.
32
posted on
12/01/2010 5:29:06 AM PST
by
El Laton Caliente
(NRA Life Member & www.Gunsnet.net Moderator)
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