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Reply #21: You realize that Visa doesn't lend money, right? [View All]

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Dreamer Tatum Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 10:07 AM
Response to Reply #20
21. You realize that Visa doesn't lend money, right?
You know that they make money off of the issuers, right?

You know that no one with a Visa card ever sends any money directly to Visa, yes?
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  -US credit card delinquencies at record highs -Fitch UpInArms  Feb-04-09 12:44 PM   #0 
  - note to self: pat self on back for paying off all credit debt last year  dave29   Feb-04-09 12:59 PM   #1 
  - Do you know what the credit card companies call those who pay off the balance each month?  Yavapai   Feb-04-09 01:10 PM   #2 
     - I'm a deadbeat!!!!  pipi_k   Feb-04-09 01:54 PM   #4 
        - Great idea!  Yavapai   Feb-04-09 02:07 PM   #5 
        - These guys hit retailers hard with fees also so they are still making money of your CC use.  Skink   Feb-04-09 08:37 PM   #12 
           - And no matter how many times you've paid it off by the month... they KNOW . . .  defendandprotect   Feb-04-09 10:15 PM   #15 
  - and the higher the greedy bastards raise the rates  radfringe   Feb-04-09 01:17 PM   #3 
  - Pay your credit cards off or you will subsidize the real deadbeats  FarCenter   Feb-04-09 02:10 PM   #6 
  - They do everything in their power.....  AnneD   Feb-04-09 02:22 PM   #8 
     - Yeah, AMEX has been playing that game with me lately...  cascadiance   Feb-04-09 10:00 PM   #14 
  - The interesting thing here is that  Veilex   Feb-04-09 02:16 PM   #7 
  - An 8% rate is a teaser rate  FarCenter   Feb-04-09 02:50 PM   #10 
  - Jubilee  Joanne98   Feb-04-09 02:33 PM   #9 
  - Call me a deadbeat then  doodadem   Feb-04-09 03:26 PM   #11 
  - They have done it to themselves I have no sympathy for any  MadMaddie   Feb-04-09 08:58 PM   #13 
  - This is going to mean more bankruptcies, isn't it --- ????  defendandprotect   Feb-04-09 10:15 PM   #16 
  - Yes, and it will be nasty. When everyones unemployment runs out that is when the real fun starts.  sarcasmo   Feb-05-09 08:49 AM   #17 
     - They've made it hugely costly now --- my friend paid $2,000 but I've not  defendandprotect   Feb-05-09 03:05 PM   #23 
  - Pay your credit card bills online  prolesunited   Feb-05-09 09:00 AM   #18 
  - that's what they want  Blue_Tires   Feb-05-09 09:17 AM   #19 
  - Visa profits up 35%  SOS   Feb-05-09 10:00 AM   #20 
     - You realize that Visa doesn't lend money, right?  Dreamer Tatum   Feb-05-09 10:07 AM   #21 
     - Yes  SOS   Feb-05-09 10:48 AM   #22 
     - THIS is exactly the way that capitalism kills itself --- and why we should NEVER bail them out - !!!  defendandprotect   Feb-05-09 03:07 PM   #24 
 

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