Thought of the Day

[etherial]

WPI offered me its "Corporate Whore" credit card. It's 100 times better than anything I've ever been offered and there's no other catch. On the other hand, I don't have a full time job. Should I take it?

Comments

[londo.livejournal.com]

It's a credit card. They're evil.

[mikecap.livejournal.com]

I did. It's served me well.

[shogunhb.livejournal.com]

As long as you can be responsible in its use, a credit card is invaluable.

[zonereyrie.livejournal.com]

Apply - note that if you read the fine print they probably still reserve the right to turn you down (even 'pre-approved' cards tend to do that) or give you one of their lesser cards.

I tossed the application - I already *have* a WPI MBNA card, and 5 other credit cards, and I don't need another one. As it is I'm considering dumping a couple of the cards I have since I haven't used them in a long time - like years long.

Re:

[7threality.livejournal.com]

It doesn't hurt to keep them, and it looks good on your credit. Canceling them may throw red flags (I'm paranoid like that).

[zonereyrie.livejournal.com]

Having too many cards can flag you too - when you apply for any form of credit (like a loan) and they see you already have a massive amount of credit extended to you they can get nervous.