Saturday Morning Breakfast Cereal by Zach Weinersmith for January 15, 2015
January 14, 2015
January 16, 2015
Transcript:
Come back! We'll give you a credit card you can use to purchase collateral for an adjustable rate mortgage! Oh God! Wait. Don't run or he'll keep chasing. You've got to convince the banker you are fiscally large. I know how to calculate compound interest! I have a top quartile credit rating! Wow. Where'd you learn that? Girl Scouting is a lot different in New York.
A true story (probably not unique): Up to a certain point in my life I paid cash for everything. Then I decided I needed to have a credit history in case I needed a house loan. So I responded to my bank’s ad to get a credit card from them. I was denied, even though over 20 years I had several accounts with them and a LOT of money. Why? Because I had no credit history! . I went right down there and said I would transfer all my accounts to another bank unless they approved a credit card. There was an immediate meeting with the bank manager who would “strongly recommend” I be approved. Yet, my sister-in-law, who has been bankrupt twice, constantly gets applications for credit cards! Sorry, I had to vent.