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

[Schneider Fred]

That's the point ... the credit is there for those who don't use it  
and they know it, i.e. there is no credit.

On Dec 15, 2008, at 12:32 PM, Edward H. Lybarger wrote:

> 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.
>
>
>
>