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ensho (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 10:40 AM Original message |
credit card issuers say it is a 'risk' business so their customers should assume that risk |
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ellacott (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 10:43 AM Response to Original message |
1. I would say that the stock market is a risk business where customers pay the risk |
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ensho (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 10:57 AM Response to Reply #1 |
7. the market is different. everyone knows playing the stocks is gambling |
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ellacott (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 11:40 AM Response to Reply #7 |
17. Well, according to that Credit card guy you quoted |
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Rabrrrrrr (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 10:43 AM Response to Original message |
2. It's only a "risk" business because they hand out cards like candy |
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Fresh_Start (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 10:43 AM Response to Original message |
3. insurance - all types makes the customer pay for the |
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ensho (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 10:46 AM Response to Reply #3 |
5. isn't that a different kind of risk? |
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Fresh_Start (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 01:51 PM Response to Reply #5 |
22. actually its the same |
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lonestarnot (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 10:45 AM Response to Original message |
4. They make more money off defaults than customers who pay on time. |
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ensho (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 10:47 AM Response to Reply #4 |
6. but the defaults penalties are a scam, a set up |
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remedy1 (168 posts) Send PM | Profile | Ignore | Thu Apr-23-09 11:11 AM Response to Reply #4 |
9. Actually they don't. n/t |
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remedy1 (168 posts) Send PM | Profile | Ignore | Thu Apr-23-09 11:11 AM Response to Original message |
8. He is essentially right. |
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safeinOhio (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 11:21 AM Response to Reply #8 |
11. Logic |
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remedy1 (168 posts) Send PM | Profile | Ignore | Thu Apr-23-09 11:27 AM Response to Reply #11 |
13. Your local bank |
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Democrats_win (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 11:13 AM Response to Original message |
10. They're still shoveling that line of bull sh*t? It's not true. |
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Toucano (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 11:24 AM Response to Original message |
12. The fees they collect from merchants carry no risk. |
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remedy1 (168 posts) Send PM | Profile | Ignore | Thu Apr-23-09 11:28 AM Response to Reply #12 |
14. Merchants don't have to pay the fees. |
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Toucano (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 11:33 AM Response to Reply #14 |
15. Do card issuers collect fees from the merchant or not? |
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remedy1 (168 posts) Send PM | Profile | Ignore | Thu Apr-23-09 11:44 AM Response to Reply #15 |
18. Yes they do. |
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Still Sensible (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 11:39 AM Response to Original message |
16. They can't manage their own risk, but they want |
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Kajsa (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 11:45 AM Response to Original message |
19. Wrong, It's not a large risk |
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MiniMe (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 12:06 PM Response to Original message |
20. Where was our share of the profits? |
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Mudoria (1000+ posts) Send PM | Profile | Ignore | Thu Apr-23-09 12:55 PM Response to Original message |
21. They wouldn't have that problem of "risk" if they did a better |
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DU AdBot (1000+ posts) | Fri Apr 26th 2024, 11:19 PM Response to Original message |
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