Credit Card Application Reconsideration

You don't need credit cards at all. You don't even need a FICO score.
You just need to live on what you earn. It's a radical concept I
know!

You can still rent a car with a check car, don't believe that lie,
Hertz and most of the major carriers accept them.

And yes, if you must you could still get a home loan without a fico
score, you just get a loan that is manual underwritten, which is more
accurate than a fico score.

All a fico score is a "I love debt" number. Some people swear by
their "rewards". You never hear millionaires say they made it rich by
their "rewards" If you play with the snakes, you will eventually get
bit. Just read all the stories on here about good people that got bit
by the snakes.

Good Day

I get cash back on the things I *need*. I have used a credit card
responsibly for 20+ years. I use them for all my necessities.
Groceries, gas, auto supplies, building supplies, clothing, dining
out, etc etc etc. I use it for everything.

I now am retired and spend about $1000 per month with my card. My
average cash reward is around 3.5% on the things I buy. So that's $35
a month the credit card bank is giving me to buy the things I need,
not want. Never paid a penny interest. Since you are such a champion
of cash, you should understand the obvious benefit of having a never
ending $1000 interest-free loan. Or maybe you are too wrapped up in
your snakes to pull your head out.

It would actually be a great idea for this young person to establish a
good credit history. Sadly, he is off on the wrong foot already.
Maybe he can learn the error of his ways. You seem to have written
him off completely. There are many people who can use a credit card
to their advantage. All it takes is being a smart consumer, which you
present yourself as.

What I love now, having established such a good record, is getting
credit with no questions asked even though I have no job. Who else is
going to allow me to use their money? What good would having always
used cash do me when I seek a new interest-free loan?

How many people are going to come here to compliment the credit card
industry for affording them interest-free loans and giving them money?
These people have nothing to complain about. And they probably don't
want to ruin a darned good thing. I think I wrote a tongue in cheek
letter (gasp) to Chase thanking them for their wonderful rewards
program and having afforded me interest-free loans for a couple of
decades. But seriously, why would we hear any of the countless
positive experiences? No, we hear from people who are making minimum
monthly payments, paying 9, 11, 13% and higher interest and want to
see increased spending limits and lower rates. This is our education
system gone terribly wrong.

Think of the 10's of thousands of people who are enjoying the use of
their credit cards on other people's nickel. I have a lifelong friend
who is good with money and he does the same as I. Enjoys the
convenience and banks the rewards checks when they come. Has he
become a millionaire off his checks? No, but as a family man with
bills and they help him buy groceries. He probably is a millionaire.
There must be many many people who have the proper discipline to use a
card properly.

You pay higher prices when you buy stuff to subsidize my convenience.
I want to thank YOU while I am throwing the accolades around. I'm not
just saying it, I really REALLY appreciate the loan to which you have
contributed your hard earned cash.

Why do you want a store credit card so badly? Why not get a Visa or
Master Card, and one that has cash rewards?

I am always surprised to see people say they pay their cards on time,
but they are carrying a balance. I have never paid anything less than
the balance, and always on time. Every single time for 20 years.

If you are only paying part of your bill, and in two years you have
been "nearly flawless", you do not sound like a good credit risk.
Your payments need to be the full balance and on time, or you don't
need another credit card. They don't want your pledge, they want a
good record.