Yeeeeaaaaahhhh

Ok, so you don't get be my financial advisor :)

> -----Original Message-----
> From: Allan Grabnoski [mailto:[EMAIL PROTECTED]
> Sent: Thursday, August 30, 2007 10:11 AM
> To: CF-Community
> Subject: Re: anyone ever worked for a credit card company?
> 
> max out the card and don't pay... eventually (years and years) down the
> road
> they will charge it off. Collectors will still chase you... but as for
> BoA... you showed them!
> 
> On 8/30/07, Scott Stewart <[EMAIL PROTECTED]> wrote:
> >
> > Because we've been baited and switched and screwed over one too many
> times
> > by Bank of America. I want to be a drag on their bottom line, I want
> to
> > cost
> > them some money.
> >
> > --
> > Scott Stewart
> > ColdFusion Developer
> >
> > SSTWebworks
> > 4405 Oakshyre Way
> > Raleigh, NC. 27616
> > (703) 220-2835
> >
> > http://www.sstwebworks.com
> > http://www.linkedin.com/in/sstwebworks
> >
> >
> > -----Original Message-----
> > From: Jim Davis [mailto:[EMAIL PROTECTED]
> > Sent: Wednesday, August 29, 2007 11:48 PM
> > To: CF-Community
> > Subject: RE: anyone ever worked for a credit card company?
> >
> > > -----Original Message-----
> > > From: Scott Stewart [mailto:[EMAIL PROTECTED]
> > > Sent: Wednesday, August 29, 2007 5:51 PM
> > > To: CF-Community
> > > Subject: anyone ever worked for a credit card company?
> > >
> > > What does it cost the company to keep my account open?
> >
> > We've provided branded credit cards before but not actually managed
> them.
> > I'm not sure what the actual cost-per-customer is (and honestly even
> if I
> > knew I'd probably be unable to tell you) but in this situation you're
> > paying
> > for the credit company (an MBNA or somebody) to manage customer
> relations
> > (billing, support, etc), fraud insurance, credit checks, etc.  I
> doubt a
> > true number per customer could really be determined since the
> agreements
> > are
> > all for thousands/millions of customers but dividing the aggregate I
> would
> > guess it's a rather small amount.
> >
> > Credit card companies live off interest so clearly somebody that
> doesn't
> > maintain a balance and doesn't get charged fees is a drag on their
> bottom
> > line.
> >
> > Just out of curiosity why do you ask?
> >
> > Jim Davis
> >
> >
> >
> >
> >
> 
> 

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