Rant, Target

[Lovetodream88]

You would think that with all the work people put into this kinda thing they could get a decent job.

[DBlain]

Originally Posted by Lovetodream88

My parents paid off all there credit cards and got rid of them it's to tempting to spend what you don't have with credit cards and some of them rip you off.

I guess if someone has no self control on spending that would be another good reason not to have a cc. Some cards have high interest rates so that could be a considered a rip off, but when paying it off each month that's never a problem. I just love the rewards I get but most of all it's the peace of mind knowing that retailers don't have easy access to my bank account.

[capt_noonie]

Originally Posted by DBlain

I guess if someone has no self control on spending that would be another good reason not to have a cc. Some cards have high interest rates so that could be a considered a rip off, but when paying it off each month that's never a problem. I just love the rewards I get but most of all it's the peace of mind knowing that retailers don't have easy access to my bank account.

You have to understand that the majority of people can't/don't pay off their CC in full every month. It's not always about no self control. Sometimes things come up. That's what the CC companies are banking on.

[McheleM]

Originally Posted by capt_noonie

You have to understand that the majority of people can't/don't pay off their CC in full every month. It's not always about no self control. Sometimes things come up. That's what the CC companies are banking on.

Sometimes people have to pull the paid off/emergencies only card out of the freezer and use it because there's no other way to pay bills!!

[Lovetodream88]

Originally Posted by capt_noonie

You have to understand that the majority of people can't/don't pay off their CC in full every month. It's not always about no self control. Sometimes things come up. That's what the CC companies are banking on.

yep

[capt_noonie]

Originally Posted by McheleM

Sometimes people have to pull the paid off/emergencies only card out of the freezer and use it because there's no other way to pay bills!!

Yup exactly. And that reminds me. I just got a letter from Care Credit telling me they lowered my credit limit by half! Fine then I just won't use it then. I get a measly 1% cashback from my Paypal card but that's 1% more than from CC and if they want to do that to me then so be it.

[sandy simpson]

I wonder if people who signed up for the red card 5% discount are more in jeopardy. They had to give out more info to get that card. I did not do that but I shopped at Target. My husband said not to worry about it. So I am chillin until I see some idiotic activity by some dishonest person who cannot respect other people's property. Too bad we have to deal with such low lifers. The hound of heaven sees them and will get them in the end. We reap what we sow!

[McheleM]

Originally Posted by capt_noonie

Yup exactly. And that reminds me. I just got a letter from Care Credit telling me they lowered my credit limit by half! Fine then I just won't use it then. I get a measly 1% cashback from my Paypal card but that's 1% more than from CC and if they want to do that to me then so be it.

We just decreased my sewing card and increased the care credit in case we needed it for Allie. Then I'll be using it for surgery for me..

[crystalsmom]

A year ago, I decided to ask myself before I pulled out a credit card "do I really need this" it has worked really well. When it doesn't work is at Christmas and I want to buy for the little one.....oh 11 months out of the year is pretty good.

Those out of work have little choice, however being retired I am in a way out of work and on a fixed income with little give at all.

I don't travel like I used to but I do travel to Florida once a year to see my Son and family so I have to have 1 credit card, there is not way around it. I tell them not to keep adding credit to it unless I ask them though since I don't want the temptation.

[capt_noonie]

Originally Posted by McheleM

We just decreased my sewing card and increased the care credit in case we needed it for Allie. Then I'll be using it for surgery for me..

My limit is now $1500, if an emergency would arise, that would eat up that right away. But better than nothing I guess. Everyone else canceled on me a few years ago, and I was surprised I got approved for $3000 when I first applied. CC is my only card now.

[capt_noonie]

PINs have been compromised as well.

Target: Customers' encrypted PINs were obtained - Yahoo Finance

[DBlain]

Originally Posted by capt_noonie

PINs have been compromised as well.

Target: Customers' encrypted PINs were obtained - Yahoo Finance

I saw that as well and that is scary, but I would hope that when this info first came out that everyone changed their pin number right away.

since I do not shop with a debit card and the only one I have does not have a visa/mastercard logo on it, I am out of the loop on how it works now. When they first started issuing visa/debit cards they said that the beauty of it is when at a retailer you don't need to use a pin, you just swipe it like a credit card, is that still how it works??? I was also thinking some of you much younger members might be confused by my posts because now it seems like all the debit cards have a credit card logo, but for older people like me that have had them for 10 or more years when they first came out they did not look like a visa or mastercard and you could not use it at many places.

[capt_noonie]

Originally Posted by DBlain

I saw that as well and that is scary, but I would hope that when this info first came out that everyone changed their pin number right away.

since I do not shop with a debit card and the only one I have does not have a visa/mastercard logo on it, I am out of the loop on how it works now. When they first started issuing visa/debit cards they said that the beauty of it is when at a retailer you don't need to use a pin, you just swipe it like a credit card, is that still how it works??? I was also thinking some of you much younger members might be confused by my posts because now it seems like all the debit cards have a credit card logo, but for older people like me that have had them for 10 or more years when they first came out they did not look like a visa or mastercard and you could not use it at many places.

Yes that is how the debit cars with the visa or MC logos on them work. I used to also have a debit card without the logo. When it expired, the new ones were sent with the logo? How are you able to keep that one without the logo I wonder? Is it a small bank, or you have to specifically request it?

I use my debit card as a credit card. I sign for it instead of using my pin. Reason is I get cash back if I use it as credit but not as debit. The merchants get charged 3% (usually) for a credit transaction, whether it is an actual CC or debit card matters not. But merchants do not get charged if it is used as debit. So my bank wants me to use as credit so they get 3% from the merchant, and I get 1% from the bank. However, that said, 99% of the time I use cash.

[Lovetodream88]

Originally Posted by DBlain

I saw that as well and that is scary, but I would hope that when this info first came out that everyone changed their pin number right away.

since I do not shop with a debit card and the only one I have does not have a visa/mastercard logo on it, I am out of the loop on how it works now. When they first started issuing visa/debit cards they said that the beauty of it is when at a retailer you don't need to use a pin, you just swipe it like a credit card, is that still how it works??? I was also thinking some of you much younger members might be confused by my posts because now it seems like all the debit cards have a credit card logo, but for older people like me that have had them for 10 or more years when they first came out they did not look like a visa or mastercard and you could not use it at many places.

Even if they changed the pin then they could still use it as a credit card.

[McheleM]

Originally Posted by capt_noonie

My limit is now $1500, if an emergency would arise, that would eat up that right away. But better than nothing I guess. Everyone else canceled on me a few years ago, and I was surprised I got approved for $3000 when I first applied. CC is my only card now.

I had a sewing one with a 5600.00 limit...they raised it themself after us charging, paying, charging, Paying-it has 36 months no interest on the charges. I had them reduce it to 1500.00 (I'm not buying anything sewing related that I need it for) and then increased the CC to $5000.00. It was originally at $3000.00. Of course I used half of that on vet care and emergency vet for her and will use it again for checkups, tail docking and vaccinations, etc. It goes quick. Luckily the other one has no balance so any payments we were making on it will go to the CC. And the larger charge has 24 months no interest.