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

[Edward H. Lybarger]

But if I chose to use it, they'd have to honor it.  The other point is that
they know who pays and who doesn't...they've just chosen to ignore the
latter part in too many cases during the last few years. But they can't
really like me too much, because they never earn interest from me...only
transaction fees, which the merchants pay (and hide in the prices).

-----Original Message-----
From: pittsburgh-railways-bounce at lists.dementia.org
[mailto:pittsburgh-railways-bounce at lists.dementia.org] On Behalf Of
Schneider Fred
Sent: Monday, December 15, 2008 12:49 PM
To: pittsburgh-railways at dementia.org
Subject: [PRCo] Re: Fare Registers - Passenger Counts - Recessions
Depressions

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.
>
>
>
>