Friday, October 3, 2008

Credit Crisis

This afternoon I went to my mailbox to collect the mail, and luckily there were no bills. Instead I found a bunch of offers for credit cards - Amex Delta Skymiles, Citi AAdvantage, Discover (that is still around?). I have to ask, credit crisis?

We're in a credit crisis, and yet the companies are still mailing out these offers? If people with good credit are now being turned down, why take the time to fill out an application. Is it a game now to see what and how much credit one can get? A word to the companies; go green and stop wasting paper with these mailings until your situation is fixed. I don't think trying to attract and possibly approve more people for more credit is going to help anyone in the near future.