/biz/ - Business & Finance

[Anonymous No.17343036]

>apply for a credit card for the lolz
>get approved immediately for $1000
I don't get it are we in another pre recession time in which the banks gave out credit cards like candy because it is so damn easy to get credit
Granted I learned my lesson from my other cards because those fucking things put me in some considerable debt but nothing paralyzing

[Anonymous No.17343058]

>>17343036
dude its $1000 credit line. even tyrone the drug dealing pimp could get a $1000 line credit card.

[Anonymous No.17343085]

The funny thing is the bank issuing the credit will profit from this and you're too stupid to realize it

[Anonymous No.17343088]

>>17343058
But my question is why are banks so trigger happy with credit?
I should not have such an easy time even with getting $500

[Anonymous No.17343091]

>>17343036
here have another card goyim

[Anonymous No.17343105]

>>17343036
what's your credit score?
1,000 is nothing

[Anonymous No.17343117]

>>17343088
because theres 0 risk letting some dumbass have $1000 line of credit. if you don't pay it's a write off of 1/1000000000000 of their worth. if you do pay you'll be paying some ridiculous 28% APR each year. they can't lose either way.

[Anonymous No.17343176]

>>17343105
last time I checked around the high 640s or low 650s

[Anonymous No.17343267]

https://www.youtube.com/watch?v=3IiQU1p4-9E&feature=youtu.be&t=14

why are americans like this bros

[Anonymous No.17343303]

>>17343036
I just got a $1000 credit card with 0% APR for 15 months and I'm a literal NEET whos never had a job. Got another card at $1200, also at 0%, and a regular $900 card. Looks like that's all I will get this year though because I applied for 2 other cards and got rejected. still, they hand this stuff out like candy

[Anonymous No.17343421]

>>17343303

lol. yeah. and when ya crash your credit. it will take 10 years to get back in the good graces of your Jew overlords.

Is blowing your chance at buying anything with credit for the next 10 years worth $3k to you? lmao...

[Anonymous No.17343594]

>>17343421
>when ya crash your credit
don't hold your breath. I've made way more money off sign up bonuses and gambling crypto with cheap loans over the last 10 years than any banker has ever made off me. my fico 8 score is 710 right now and that's with 80% credit utilization.

[Anonymous No.17343618]

>>17343303
why would you apply for 5 cards at the same time lmao

[Anonymous No.17343625]

>>17343618
Because why not?

[Anonymous No.17343631]

>>17343594
>I've made way more money off sign up bonuses and gambling crypto with cheap loans over the last 10 years

if this is true then why would you still be getting cards with measly $1k limits, according to you you have a great score and a strong credit history

[Anonymous No.17343643]

>>17343594

Congrats you gambled right during the biggest uptrending market in the history of mankind took off. Pure genius.

Now you're encouraging some poor neet to fuck up his young adult years over a few grand.

Dumbass.

[Anonymous No.17343658]

>>17343643
>implying that college hasn't done the job for me

[Anonymous No.17343809]

>>17343631
Low reported income and didn't wait to pay off my existing cards before I applied for the new ones. Not sure why they gave me 3 new credit lines when I'm maxed out as much as I am atm but I take whatever they give me

>>17343643
>implying OP is going to go bankrupt or ruin his credit score over a $1000 loan

Even if he liquidates his card and loses everything on some retarded YOLO options play, that's like a $25-30 minimum payment. All he has to do is scrape by with minimum payments until he gets literally any job and pays it off in a few months

[Anonymous No.17343859]

>I don't get it
Yes you do.
You, and everyone else, know most credit cards are designed to be predatory.

[Anonymous No.17343872]

>>17343036
easy credit cards didn't cause, nor were they a symptom of, the recession

[Anonymous No.17343976]

>>17343872

easy credit was but yeah not credit cards specifically