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Valued Member
mindbot7
Posts: 41
Registered: ‎06-13-2008
0

Re: According to this report, where you use your card can hurt! Check this out.

Interesting, but crap.

It does not make sense. How can a lender or even whoever control your score!!.. that means each credit bureaus receive your detail monthly statements with the closing report for each credit card you have then do the math for every purchase you made, unbelievable.
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Epic Contributor
haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007
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Re: According to this report, where you use your card can hurt! Check this out.



mindbot7 wrote:
Interesting, but crap.

It does not make sense. How can a lender or even whoever control your score!!.. that means each credit bureaus receive your detail monthly statements with the closing report for each credit card you have then do the math for every purchase you made, unbelievable.


Agree with you and cheddar! Shoddy journalism. It doesn't affect your scores at all; only that mysterious fecal chart that AmEx keeps on all of us.

Chase gives me 2 points for fast-food (and sit-down) restaurants, so marty's $5 Mickey D's breakfast works just fine with them! I've gained lots of points, and about 10 pounds, since getting that one. :smileysad: Time to go back to my coffee and toast at home.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Senior Contributor
UpUpUp
Posts: 3,017
Registered: ‎06-03-2008
0

Re: According to this report, where you use your card can hurt! Check this out.

I've been rewatching this video and reading other articles in sync with it and I do have one question...
How is purchasing tires for your vehicle considered risky use of your credit card?  What the heck IS acceptable, if that's not?
Senior Contributor
FretlessMayhem
Posts: 3,279
Registered: ‎08-03-2007
0

Re: According to this report, where you use your card can hurt! Check this out.



haulingthescoreup wrote:


mindbot7 wrote:
Interesting, but crap.

It does not make sense. How can a lender or even whoever control your score!!.. that means each credit bureaus receive your detail monthly statements with the closing report for each credit card you have then do the math for every purchase you made, unbelievable.


Agree with you and cheddar! Shoddy journalism. It doesn't affect your scores at all; only that mysterious fecal chart that AmEx keeps on all of us.

Chase gives me 2 points for fast-food (and sit-down) restaurants, so marty's $5 Mickey D's breakfast works just fine with them! I've gained lots of points, and about 10 pounds, since getting that one. :smileysad: Time to go back to my coffee and toast at home.




Ew, fecal chart. Haha.
Here we go again...
Valued Member
gettintherequick
Posts: 56
Registered: ‎04-11-2008
0

Re: According to this report, where you use your card can hurt! Check this out.

LMAO...if this is the case, then I wonder what Cap One thinks of me. My actual first purchase with their card was a $40 bottle of Scotch!! :smileysurprised:
Problems cannot be solved at the same level of awareness that created them.
--Albert Einstein
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cheddar
Posts: 6,794
Registered: ‎09-29-2007
0

Re: According to this report, where you use your card can hurt! Check this out.



gettintherequick wrote:
LMAO...if this is the case, then I wonder what Cap One thinks of me. My actual first purchase with their card was a $40 bottle of Scotch!! :smileysurprised:


It's not what you buy, but where you buy it that matters.

 
----------------------------
App free since 7/11/08.
TU 744 / EX 710 / EQ 694 (Starting to slip. :smileysurprised: )
Valued Member
gettintherequick
Posts: 56
Registered: ‎04-11-2008
0

Re: According to this report, where you use your card can hurt! Check this out.



cheddar wrote:


gettintherequick wrote:
LMAO...if this is the case, then I wonder what Cap One thinks of me. My actual first purchase with their card was a $40 bottle of Scotch!! :smileysurprised:


It's not what you buy, but where you buy it that matters.

 


I understand that. On the charge was listed the name of the local liquor store that I puchased it from. The name of the store is " Nassau Liquors". Not much to be left to the imagination on that name.
 
Oh well, they will just have to get over it. I'm not bothered and if they are, tough. I just thought after that article, what a way to start a relationship. LOL
Problems cannot be solved at the same level of awareness that created them.
--Albert Einstein
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Community Leader
Epic Contributor
haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007
0

Re: According to this report, where you use your card can hurt! Check this out.


FretlessMayhem wrote:

haulingthescoreup wrote:

mindbot7 wrote:
Interesting, but crap.

It does not make sense. How can a lender or even whoever control your score!!.. that means each credit bureaus receive your detail monthly statements with the closing report for each credit card you have then do the math for every purchase you made, unbelievable.
Agree with you and cheddar! Shoddy journalism. It doesn't affect your scores at all; only that mysterious fecal chart that AmEx keeps on all of us.

Chase gives me 2 points for fast-food (and sit-down) restaurants, so marty's $5 Mickey D's breakfast works just fine with them! I've gained lots of points, and about 10 pounds, since getting that one. :smileysad: Time to go back to my coffee and toast at home.
Ew, fecal chart. Haha.
Can't use the more common version of the term. :smileysad:
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Established Contributor
KingAdrock
Posts: 656
Registered: ‎07-17-2007
0

Re: According to this report, where you use your card can hurt! Check this out.

What a joke. The tagline says "Where you swipe your card can affect your credit score." Then they casually (and oddly without much concern) mention that it actually doesn't affect your score at all.
Moderator Emeritus
cheddar
Posts: 6,794
Registered: ‎09-29-2007
0

Re: According to this report, where you use your card can hurt! Check this out.



KingAdrock wrote:
What a joke. The tagline says "Where you swipe your card can affect your credit score." Then they casually (and oddly without much concern) mention that it actually doesn't affect your score at all.


Yep, as I said:  Journalism at its finest.
 
----------------------------
App free since 7/11/08.
TU 744 / EX 710 / EQ 694 (Starting to slip. :smileysurprised: )

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