Comments on: Be Careful What You Wish For! http://www.torontorealtyblog.com/2008/12/02/be-careful-what-you-wish-for/ Tue, 09 Mar 2010 17:15:34 +0000 http://wordpress.org/?v=2.2.1 By: Oakvillian http://www.torontorealtyblog.com/2008/12/02/be-careful-what-you-wish-for/#comment-2290 Oakvillian Mon, 22 Dec 2008 20:27:54 +0000 http://www.torontorealtyblog.com/2008/12/02/be-careful-what-you-wish-for/#comment-2290 Indeed. the lure of easy credit. What gets me is the "points" you earn--the unsavvy--or even the lazy--consumer may have money in the bank but use credit instead of Interac "to get the points." In my case, after three years of significant credit cards pending (all groceries, travel, cell phone bill, etc.), I got maybe a hundred-dollar voucher at the Bay...Pencil in five or six "interest only" payments in that time, and that is <i>easily<i> wiped out. Indeed. the lure of easy credit. What gets me is the “points” you earn–the unsavvy–or even the lazy–consumer may have money in the bank but use credit instead of Interac “to get the points.”

In my case, after three years of significant credit cards pending (all groceries, travel, cell phone bill, etc.), I got maybe a hundred-dollar voucher at the Bay…Pencil in five or six “interest only” payments in that time, and that is easily wiped out.

]]> By: Krupo http://www.torontorealtyblog.com/2008/12/02/be-careful-what-you-wish-for/#comment-2265 Krupo Wed, 03 Dec 2008 05:56:18 +0000 http://www.torontorealtyblog.com/2008/12/02/be-careful-what-you-wish-for/#comment-2265 Even better is other free unsolicited offers in the mail which, when you tell your banking friends about, makes them go "that's illegal." Really? "Well if it's not, it should be." Nice. Even better is other free unsolicited offers in the mail which, when you tell your banking friends about, makes them go “that’s illegal.”

Really?

“Well if it’s not, it should be.”

Nice.

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