Comments on: Congress Moves to Hose People Who Pay their Debts http://www.sundriesshack.com/2009/05/19/congress-moves-to-hose-people-who-pay-their-debts/ Delivering the Best of the New Media Since 2004. Sat, 28 Jan 2012 20:08:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: suek http://www.sundriesshack.com/2009/05/19/congress-moves-to-hose-people-who-pay-their-debts/comment-page-1/#comment-683903 suek Thu, 21 May 2009 10:46:47 +0000 http://www.sundriesshack.com/?p=8932#comment-683903 And don't forget - merchants who use their services pay for that as well. Not a huge amount, but about 2%. Except for American Express - which gives its customers lots of bennies, and charges it's merchants for the privilege of accepting the cards. We don't take American Express cards at our store. You can leave home without it. Visa, Mastercard and Discovery work just fine. We also take cash - no id required. And don't forget – merchants who use their services pay for that as well. Not a huge amount, but about 2%. Except for American Express – which gives its customers lots of bennies, and charges it's merchants for the privilege of accepting the cards.

We don't take American Express cards at our store. You can leave home without it. Visa, Mastercard and Discovery work just fine. We also take cash – no id required.

]]> By: Cheesestick http://www.sundriesshack.com/2009/05/19/congress-moves-to-hose-people-who-pay-their-debts/comment-page-1/#comment-683894 Cheesestick Wed, 20 May 2009 12:48:28 +0000 http://www.sundriesshack.com/?p=8932#comment-683894 Well she's an idiot... "are having a hard time adjusting to the notion that if you generate no revenue, <strong> you give the banks no reason to extend their services to you.</strong>" Has she asked herself why then, why have they been extending such services to no or low revenue generators all these years? I mean, it's not like all of the sudden, they said "there is no point in extending services to these people" and then swiftly canceled all of their good customer's accounts. No, there must be some reason why they offer so many incentives, like cash rewards & points programs, to these free-loaders, right? Well she's an idiot…

"are having a hard time adjusting to the notion that if you generate no revenue, you give the banks no reason to extend their services to you."

Has she asked herself why then, why have they been extending such services to no or low revenue generators all these years? I mean, it's not like all of the sudden, they said "there is no point in extending services to these people" and then swiftly canceled all of their good customer's accounts. No, there must be some reason why they offer so many incentives, like cash rewards & points programs, to these free-loaders, right?

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