Speaking of finances

[trixtah]

Mastercard just offered to bump my credit limit up by 10 grand. Which would bring my credit limit for that card to 24K.

Somehow I think they won't let you use Mastercard to put down a house deposit. I might get some use out of it that way...

Ok, I earn 6 figures, but only just. And I won't be once I stop doing on-call work in the next couple of months. Seriously, why do they want to give me so much credit? Especially since, ironically enough, they rang to bitch at me last month because I was late on a payment - first time ever. I'd simply left the previous month's statement in a stupid place and forgot about it. None of this, "Oh, look, you have a great payment record, perhaps you didn't receive your statement last month?" No, it was like, "PAY UP NOW OR THERE WILL BE NASTY DEBT COLLECTORS". Wankers.

Comments

[serene]

Ok, I earn 6 figures, but only just.

Heh. I earn five figures, but only just.

[trixtah]

Yeah, I earn twice as much as my mother does. Who regularly works 50-60 hour weeks. It's ridiculous.

But it's even more ridiculous that they want to give me unsecured credit up to 25% of my gross income. I mean, seriously, what is up with that, in these financial times?

[thette]

Am I a cynic if I suspect they're raising your credit limit because you were late with a payment?

[firecat]

I'm the same kind of cynic.

[maize]

We were disappointed to discover that you can't use a credit card to pay for a car. It turns out that they did that specifically to prevent people from doing what we wanted to do: Pay for the car entirely on a credit card, pay off the card *immediately* in full with available money, collect a hojillion free airmiles. As such, they limit how much of a car purchase you can put on a credit card to something like $4000. Phooey!

[okoshun]

It was actually $2000. Even worse! I wasn't impressed with the line of reasoning used.