debtmamma Posted December 13, 2007 Report Share Posted December 13, 2007 They rejected my HSN Visa because I didn't have a balance on my revolving debt. Link to comment Share on other sites More sharing options...
par Posted December 13, 2007 Report Share Posted December 13, 2007 Say, what? You mean because it was paid in full? Link to comment Share on other sites More sharing options...
merkurfan Posted December 14, 2007 Report Share Posted December 14, 2007 yup. creditors like to see a balance, for a few months.remember, when it's not a crappy sub prime card the only way the creditor makes money off you is the interest collected when you float a balance. Link to comment Share on other sites More sharing options...
direred Posted December 14, 2007 Report Share Posted December 14, 2007 remember, when it's not a crappy sub prime card the only way the creditor makes money off you is the interest collected when you float a balance.Not true at all. Link to comment Share on other sites More sharing options...
merkurfan Posted December 14, 2007 Report Share Posted December 14, 2007 they make a bit when you buy things too, even if you PIF before the interest. But a no AF card in the sock drawer does nothing for the issuer. Link to comment Share on other sites More sharing options...
Freak Posted December 14, 2007 Report Share Posted December 14, 2007 They make money from the merchant fees, but they don't make a boatload of money unless you carry a balance. Link to comment Share on other sites More sharing options...
par Posted December 16, 2007 Report Share Posted December 16, 2007 Do other credit card balances qualify? Link to comment Share on other sites More sharing options...
par Posted December 23, 2007 Report Share Posted December 23, 2007 OP, or anyone: comments? Link to comment Share on other sites More sharing options...
debtmamma Posted December 24, 2007 Author Report Share Posted December 24, 2007 I think they wanted to see balances with other cards. Link to comment Share on other sites More sharing options...
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