Hello Jim,

In an email on or about 03-10-2006 you wrote the following words of wisdom:

 > 10-4. That's the only way to fly here in North Carolina. Get a
 > Citibank card and get 2% on gas, groceries, pharmacies, convenient
 > stores, utilities and 1% on everything else and pay off each month
 > online, no stamps. Cash on the barrel head, not a credit.
 > disclaimer, not a commercial, just good ole' common
 > sense.........will say no more about that!! Jim
 >
 > -----Original Message-----
 > From: Windows Home/SOHO [mailto:[EMAIL PROTECTED]
 > Behalf Of Don Guillett Sent: Tuesday, October 03, 2006 9:15 AM To:
 > [email protected] Subject: Re: Comcast
 >
 >
 > Here in Texas, I use ONE credit (not debit) card for almost all
 > such as groceries, gas, dining, recurring bills such as utilities,
 > internet,insurance, etc. Fully pay the bill at the end of the month
 > and get a 1% rebate. Pay that bill online with checking acct in the
 > same bank.
 >
 > Don Guillett
 > SalesAid Software
 > [EMAIL PROTECTED]
 > ----- Original Message -----
 > From: "Bernie Cosell" <[EMAIL PROTECTED]>
 > To: <[email protected]>
 > Sent: Tuesday, October 03, 2006 8:05 AM
 > Subject: Re: Comcast
 >
 >
 >> On 3 Oct 2006 at 14:19, Dave Jackson wrote:
 >>
 >>> Most recurring payments are made using the Direct Debit system
 >>> which can cope with fluctuations and has a cast-iron system of
 >>> challengeability should a mistake occur.
 >>>
 >>
 >> Well, I won't use *any* direct debiting scheme here in the US and
 >> mostly I advise folk who do that they're being foolish.
 >>
 >> How does the 'cast-iron' scheme work? if a company over-debits
 >> your account due to some contested matter [or just a screwup on
 >> their part] and now a score of *OTHER* "debits" begin to bounce
 >> due to insufficient funds, how do they sort it all out, undo the
 >> late fees [and other charges] from the third-parties that ended
 >> up getting stiffed because of the screwup of the first party and
 >> then fix your credit rating/report not to reflect all the
 >> "bounced debits", etc..??
 >>
 >> I note that a similar thing happens with credit cards: you go to
 >> buy something and discover that due to a bogus/incorrect charge
 >> you're not over your limit... but I find that a VERY different
 >> situation from the similar case for a debit card where you learn
 >> that you can't buy something because your checking account has
 >> been emptied.
 >>
 >> /Bernie\

What is a credit card? We don't use credit cards here in Fairytaleland for the 
merchants don't accept them - and who needs them when we have all the 
advantages and none of the disadvantages by using "Dankort".

Most people have a line of credit with their bank and they will just draw on 
that if they need to spend more they have on balance in their regular account. 
That is much cheaper than the interests on a credit card.

And who needs a 1 or 2% discount when you pay by CC if the "discount" has been 
added to the cost to cover the merchant's fee to the CC company?


--
Mogens

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