[PRCo] Re: Fare Registers - Passenger Counts - Recessions Depressions

[Edward H. Lybarger]

I had one credit card holder nearly double my credit limit about 60 days
ago.  Too bad (for them) that I'll never use very much of it...the largest
purchase under the previous limit was a bunch of stuff for PTM that might
have approached 25% of the allowable.  It's a card I use for online
purchases, and not terribly frequently.  Oh, yes, my E-Z Pass automatically
reloads to this card, too.

I think there's plenty of credit out there for people who don't need it and
won't use it!

-----Original Message-----
From: pittsburgh-railways-bounce at lists.dementia.org
[mailto:pittsburgh-railways-bounce at lists.dementia.org] On Behalf Of Derrick
J Brashear
Sent: Monday, December 15, 2008 12:15 PM
To: pittsburgh-railways at dementia.org
Subject: [PRCo] Re: Fare Registers - Passenger Counts - Recessions
Depressions

On Sun, 14 Dec 2008, Schneider Fred wrote:

> have no credit to get us out of this.   The lady that owns my
> favorite Chinese restaurant is complaining that here Visa card holder 
> has lowered her credit limit which now places here at a point where 
> she is using up 70% of the available credit line instead of 35% and
> that makes her credit rating also look bad!   But the banks don't
> want people using credit.   They don't want to get stung again.

I could still pay off my house using the available balance on just one card.
Of course, I am suffering because no one is buying, but not that badly. The
mortgage cost is low.

Needless to say, I do not plan to do that.