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To: Elroy Jetson who wrote (371691)	7/22/2008 3:06:43 PM
From: Box-By-The-Riviera™	Respond to of 436258

nice insight. thanks.

To: Elroy Jetson who wrote (371691)	7/22/2008 4:26:40 PM
From: stan_hughes	Respond to of 436258

CC details are not really my area, but I looked around a bit and suspect that you are probably correct, especially about the credit score trap -- cardratings.com It never crossed my mind before that COF could be pushing out credit while simultaneously protecting their turf in the manner you describe, but I learn something new every day I find what you say particularly interesting given that, although I use a COF cash rebate CC on a daily basis for nearly all my purchases (to max my rebate), I continue to get solicitations in the mail from COF for new line-of-credit accounts (as opposed to credit cards). Perhaps they expect me to go for a "permanent low interest rate" deal instead of using my cash rebate account, but I could care less about the rate because I always pay my balance off in full anyway However, I can imagine that a lot of other people out there who were once prime credit risks may not (or may no longer any more) be able to pay off their account every month (e.g. mortgage issues) -- baiting those people with a line of credit account at say 7.9% instead of letting them wander off to another bank CC at 13.9% would keep them inside the COF cattle pen a little longer