Can I ask a possibly stupid question? Why even use postal codes? I know it isn't necessary to input, so why even bother?
The reason I'm asking, and maybe Quasei can shed more light on this since she's in the banking industry, is don't the major CC issuers have a standard for approvals/denials for anyone from coast to coast? I know all apps go to their head office which in most cases is based in Toronto.
What I'm trying to say, for example, is a single guy in Edmonton making 50k, couple of old 30-day lates, 2 CCs, 0 inqs, but otherwise a clean record has the same chance of approval/denial as another single guy, living in Halifax making 50k, couple of old 30-day lates, 2 CCs, 0 inqs, but also an otherwise clean record. I don't think we Canadians are as regionalized when it comes to credit applications, at least not to the extent that it appears
the Americans are.
If that is correct, why not just simply add Canada as another name in the pull-down list of states and be done with it? Or at the very least add the provinces/territories inside the exist list of US states. (I see that a lot lately....I've learned that Ontario comes after Ohio.)
Maybe I completely missed the point of postal codes and this post sounds really dumb. If so, just tell me I'm an idiot. I was married once. I'm used to it.
edit...cleaned it a bit.
Edited by Stu.Padaso, 20 August 2010 - 10:09 AM.