The Credit Card Party Continues?????

[masterduke]

In 2002 Credit Card offers mailed out to U.S.A. citizens totaled 6 BILLION! This in a country of about 300 million people. Last year(2006) that amount had increased to 17 BILLION Credit Card mail offers! Credit Card 'fees' in 1996 were 1.7 BILLION DOLLARS... In 2006 that Credit Card 'fee' amount had balloned to almost 18 BILLION DOLLARS!!!!!!!!!!!!! More than a 1000% increase.... As a side note, "homeowners" cashed out 800 BILLION DOLLARS in home equity 'loans' in 2006.
Man, talk about a big hangover when this party gets busted and comes to an end?

[clarkee]

Originally Posted by masterduke

In 2002 Credit Card offers mailed out to U.S.A. citizens totaled 6 BILLION! This in a country of about 300 million people. Last year(2006) that amount had increased to 17 BILLION Credit Card mail offers! Credit Card 'fees' in 1996 were 1.7 BILLION DOLLARS... In 2006 that Credit Card 'fee' amount had balloned to almost 18 BILLION DOLLARS!!!!!!!!!!!!! More than a 1000% increase.... As a side note, "homeowners" cashed out 800 BILLION DOLLARS in home equity 'loans' in 2006.
Man, talk about a big hangover when this party gets busted and comes to an end?

Yea, and it's a shame people haven't figured it out yet.
I wish some CC or loan companies would send me out one of those checks they sometimes send out. What a gift. In Texas, it use to be and maybe still is, but if you ever receive any unsolicited mail, its yours. CC, you know they dont provide full-disclosure so I treat it as a gift. Thank's CitiBank and Merry Christmas to you

[charlesa6]

Originally Posted by masterduke

In 2002 Credit Card offers mailed out to U.S.A. citizens totaled 6 BILLION! This in a country of about 300 million people. Last year(2006) that amount had increased to 17 BILLION Credit Card mail offers! Credit Card 'fees' in 1996 were 1.7 BILLION DOLLARS... In 2006 that Credit Card 'fee' amount had balloned to almost 18 BILLION DOLLARS!!!!!!!!!!!!! More than a 1000% increase.... As a side note, "homeowners" cashed out 800 BILLION DOLLARS in home equity 'loans' in 2006.
Man, talk about a big hangover when this party gets busted and comes to an end?

Yea, I love freebies.