dsn

Is it a corporate card perchance? With corporate cards. if someone has a poor credit report, AMEX may issue a card than decline to open the account depending on the corporation. These charge cards can have a hard limit

100,000 is enough to go to any destination in the world round-trip in economy class and , with a purchase of some miles, to get to most places in business class or 1st class North America to Europe Oct-March is 40k round trip in economy and 100k r/t at any time of year in business North America to Australia is 75k r/t in economy and 125k in business Purchase 25k miles for around $650 and that's a business return to Australia/New Zealand 100k is a pretty decent deal as a free incentive even for those that might not generally collect miles to AA Dave

If it is reasonable for Visa to charge what they want, then it is hardly reasonable for them to impose rules to try ( in markets where they can get away with it ) to pohibit retailers from passing the charges on

Why ever not? The debt still exists and is owed , just that ownership of the debt has changed. There's a difference between issues with agencies trying to increase the debt invalidly vs whether the debt is owed The alternative would be simply that the credit providers would refer matters to court , assumedly costing them more and raising the costs of credit accordingly

The comment by the manager "technically there is a privacy law where if someone comes in to pay on behalf of someone else that they cannot be given a receipt" sounds like the person may have been following the law to the letter ; if that is the case, I don't see what they could say to the teller; are they going to tell him that he should break the law?

Yeah. Also, it seems the cards with the highest levels of rewards, like Amex, don't allow sub prime borrowers in. So who is subsidizing those cards? No one. Those people are paying their own way and subsidizing their own benefits. Some markets, and I think that the USA is one of them, the merchant fee varies depending on the type of card so cards such as platinum cards attract higher merchant fees than a basic card, so the merchants in these cases are assisting in the subsidy

If it is a truism rather than a trite saying, then surely the second statement would be inconsistent. If it is a free country then the company should surely be free to choose whether to reveal it or not?

75 dollars and a tenth of a cent doesn't seem too bad

offering credit services is a legal activity and the main thing to be concerned with imo is to ensure that you perform the duties which you are contracted to do. If that involves suggesting credit cards to customers then do that which will ensure employment continues rather than trying to protect others from their own actions If there is a 15% discount for applying, then how would you handle if that person complained about never being offered the option As mentioned by another, your duty is to your employer when at work

Was this in the UK that the debt with Halifax occurred? If it is the UK, then it would seem likely that the 1980 limitation act would be close to applying in your case. The act limits the creditor from taking action to recover the debt if it is more than 6 years since either payment was made or since last written communication to the creditor received. It would also seem that it would be close to the records dropping off from experian there since entries drop off in the UK 6 years from time of default. Perhaps for a short while just open an account which requires no credit check and it shouldn't be very long before the negative entry disappears. if there is no visa/mastercard debit card on the account then there are accounts which require no checks. If this is the UK, I would avoid putting anything in writing to the debt owner since it would reset the 6 year time limit. If you do pay it , it will still remain on the report until the end of the 6 years just showing as paid You can find some helpful information at http://www.nationaldebtline.co.uk/ Dave

If someone is taking out an annual policy and paying the enitre premium up front, then I agree. If , as a fair number of people do, going to take out an annual policy but pay it in installments over the year, then perfectly reasonable to perform a credit check since it is a loan Dave This would not be a loan. They do not give you a years worth of insurance in a bag to take home. I am sure that after you missed that first installment, your insurance won't last much longer! The insurance premium offered is for 1 years insurance. If not paying for the whole year up front, then there is an outstanding balance being repaid. Seems just like a loan to me. The insurance premium for a 1 months insurance request, I posit, is not generally 1/12 of the annual policy cost

If someone is taking out an annual policy and paying the enitre premium up front, then I agree. If , as a fair number of people do, going to take out an annual policy but pay it in installments over the year, then perfectly reasonable to perform a credit check since it is a loan Dave

How are customers that arn't using the cards much the better customers ? Their accounts still need to be maintained, statements issued etc , yet no income being derived from them if they are not carrying a balance Dave

Would seem hardly appropriate when at a company doing business with that company and the person replying is the supervisor of the agent with whom the conversation is taking place Dave

Guess they don't have Chex No Chex ( and no credit scoring either as it happens ). Opening a bank account does not generally involve a credit reference check ( nor does getting a Visa/Mastercard debit card nor EFTPOS card). Credit reference agencies pretty much only hold details of judgements/bankruptcies/defaults. I am surprised that they allowed the debit cards to go to $1500DR and is not something that all AU banks allow . Given that the kid was 14 ( not 8 as the thread title mentions ) I am surprised that he managed to get an EFTPOS which permitted overdrafts at all Dave