Out of Pod Experience

They want you to spend money that you clearly do not have. Simple reason enough.

Call your bank and tell them they are out of their minds.

If you are having such a moral dilemma about it, give me the card.

Daddy needs a new flat screen TV, PS4, laptop, tablet, yadda yadda.

Oh yeah, baby needs new shoes. Damn kid is growing like a weed again.

The Card must be taken deep into Mordor and cast back into the fiery chasm from whence it came. Seriously destroy that thing unless you are doing a carefully managed credit history rep-grind.

So you're this Ivy I've been hearing about.

Hello Ivy. Welcome to Out of Pod. Don't become AI Alice / Reptail / Amaroq MK4 and we won't have a problem.

~Cheers.

Oh boy, how I understand your plight.

My issue with them is this, they managed ot give me (a poor guy with min wage) a way over the top Credit Card I didn´t ask for either. I said hey WTH, I will only use it for emergencies, but unfortunately I made the awful mistake of giving an extra to my wife.

Needless to say now I have debt I didnt want and CC almost maxed out

Anyway, to add insult to injury, bank calls me every once in a while with a SUPER INSTA CASH CREDIT OFFER (which curiously is the same as the debt ceiling in my CC) so I can "fulfill my dreams".

Needless to say, I wonder if people would fall for that ... Be indebted for an amount then grab the bank offer to loan for money to pay that first debt and then, you will OBVIOUSLY fill your card again to the max (they already know my spending habits) and you will end up owning double to the bank at the end of the day.

I once managed to talk to the bank representative and told him that, he laughed a bit and said "But you can use it for something else, like a business or a new car, possibilities are endless" And I was like "Woa, you guys are trained well, people fall for that crap?" "Sir, I am not allowed to talk about that, but I can tell you this big stack of 100$ bills will be yours anytime you want!"

ugh ...

No really, Banks, they are evil.

MY only recommendation is this: BURN THAT CARD, tell the bank you dont want it (they will probably still charge you something for the plastic, or a hidden fee , be careful there) and then close all debts you might have with said Bank and forget it.

Some people I know have already mortgaged their houses TWICE, just to pay stupid debt for crap they really don´t need and then they come to me crying that they don´t make enough money. They just work like mules to pay for the new ipad his daughter got as a present, the new car they got their wife and the fancy schools their kids have to be in to be "socially acceptable" pfft.

Worst part is a friend I know that plays a dangerous game of paying one CC with ANOTHER CC, then asking for these micro loans to pay less interest rates over and over and over. Some months I find him literally staring at the wall , mentally collapsed.

Banks ... not worth it for the common man.

credit cards are brilliant, because they're loans for anything you could buy

mostly crap. still brilliant though

a direct equivalent to the Stanford marshmallow experiment.. which tested to
see how long children would resist eating a few marshmallows in return for an
unseen, larger number of marshmallows later on.

(the larger number of marshmallows never came. the test was to see how long
each one would wait, before succumbing to the temptation of the marshmallows
in front of them. meaning: THEY ALL FAILED)

enjoy your two or three marshmallows. but as you use it more, you're making a
bigger mistake

^ Think of it this way: Is that $50 item worth $100 to me? Because that's what I'm going to end up paying for in the end, after all the interest (and assuming no late payment fees).