What's in your wallet?

[maradcliff]

Now that everyone is nearly finished with Christmas shopping, here is the question of the day. "What's in your wallet?"

Mark

[willshak]

On 12/23/2004 6:43 PM US(ET), [e-mail] took fingers to keys, and typed the following:

A Capital One card, a bank debit card, and about 15 dollars, but I never use cash, unless I have to.

[Martik]

500 pesos and 300 CAD

[Mortimer Schnerd, RN]

Dust and cobwebs.

[GTO69RA4]

Not much after the gift buying. A set of new lathe bearings and it'll be empty.

GTO(John)

[TURTLE]

This is Turtle.

I haven't seen it since ThankGiving for my wife has it. She did give me my driver licences to put in my pocket.

TURTLE

[Bob]

here is

give me my

I guess she knows how to stop your extravagant christmas shopping.

Bob

[Scott]

Remember the Necronomicon scene in Army of Darkness, with the endless sucking vortex of less-than-nothingness?

*That's* what's in my wallet!

-Scott

[bumtracks]

no wallet here just fill up my pocket when the wad feels too thin. Now that the new $20 bill is thicker, I hardly ever see a five or ten dollar bill - even one dollar bills seem rare.

[Joseph Meehan]

A little money and a couple of credit cards. I have no idea what their interest rate is as I have not paid any interest on a credit card for over

20 years. Pay it off at the end if each month and don't worry about what they are charging the fools who roll it over from month to month.

[HaHaHa]

I was wondering...

My sister got into a little debt, but I helped her by consolidating all of her credit cards (12,000.00 total) into one (mine) from "AT&T Universal" which offered me a balance transfer at 0% interest for 1 year.

Over the year she made payments ranging from 900.00 a month to 1200,00 a month and has 1 payment to go to complete payoff. No interest will have been paid on this offer.

Ya think this company is a little pissed, or might cancel the card?

[e-mail]

[ZZonka Tonka]

[Joseph Meehan]

Not now. You no longer have free interest. They will be looking for a payback. :-)

[Greg O]

500-600 bucks in cash, and two credit cards with no balance! Ain't life grand?! GReg

[Norm Dion]

A well-worn condom from high school days--still unused!

[newsgroups01REMOVEME]

Dead Moths. :(

Happy Holidays Everyone!

later,

tom @

[HaHaHa]

Well that's my point, they've made nothing over the 11 months, and with the final payment the offer is over, no interest as accrued, and they've effectively loaned 12,000.00 for free.

I'm sure it's countered by the number of people who consolidate but still have a balance after the "come-on" of no or very low interest expires. But I'm surious as to what their next move will be. [e-mail]

[Mortimer Schnerd, RN]

I'd guess they're not going to do anything. They effectively made a bet with him. He bet the debt would get paid down before the end of the free term and they bet it wouldn't. They lost. I'd guess they don't lose all that often or they'd stop making these sorts of offers.

I've used the "X months free interest" offers several times. If it's a 12 month deal, I pay it in 11. If it's a 6 month deal, I pay it in 5. That way they have a whole month to post the final payment and they can't pull any crap claiming I was late after they sit on it for a while. So sad, too bad. I don't make the rules; they shouldn't complain if I play the game they arranged.

[bumtracks]

the deal certainly is to attract the new account but there's other reasons they want that cash flow, volume, head count. Stuff that looks good on paper.

[Phisherman]

I stopped carrying credit cards years ago (it really puts the stop on compulsive buying). In my wallet I have a driver's license, library card, proof of car insurance, a spare car key, and a folded up template to buy a pot lid that I needed for the past 10 months.