topic Re: Man Has 1,497 Credit Cards in Credit Cards

Man Has 1,497 Credit Cards

Uncle_Money — Fri, 18 Mar 2011 05:17:00 GMT

Hey Guys,

Since I have dozens of credit cards, my friends are often amazed at this.

Looks like this guy has me beat LOL: Man Has 1,497 Credit Cards

Re: Man Has 1,497 Credit Cards

Anonymous — Fri, 18 Mar 2011 06:20:51 GMT

Thats Insane!!

Re: Man Has 1,497 Credit Cards

Anonymous — Fri, 18 Mar 2011 06:50:28 GMT

lol that's a lot of inquiries.

Re: Man Has 1,497 Credit Cards

trumpet-205 — Fri, 18 Mar 2011 06:52:25 GMT

His credit score must be extremely high.

Re: Man Has 1,497 Credit Cards

Anonymous — Fri, 18 Mar 2011 10:44:54 GMT

@Uncle_Money wrote:
Hey Guys,

Since I have dozens of credit cards, my friends are often amazed at this.

Looks like this guy has me beat LOL: Man Has 1,497 Credit Cards

UM

Claims " my collection" has 1,497 cards.........too much time on his hands. Probably needs a girlfriend. LOL

Re: Man Has 1,497 Credit Cards

Anonymous — Fri, 18 Mar 2011 13:16:52 GMT

i bet he dont have them anymore that was like 5 yrs ago now he is lucky if he have 20 left lol

Re: Man Has 1,497 Credit Cards

Datx — Fri, 18 Mar 2011 13:31:20 GMT

This story reminds me of concorduser, lol.

Re: Man Has 1,497 Credit Cards

DI — Fri, 18 Mar 2011 14:40:20 GMT

If this is the same guy, I remember this being in the news about 10 years ago. I think it saw it on ABC World News.

Re: Man Has 1,497 Credit Cards

Anonymous — Fri, 18 Mar 2011 15:30:03 GMT

thats amazing , do cc companies just turn a blind eye to his inactivity because hes the record holder?lol

Re: Man Has 1,497 Credit Cards

scottwagnon — Fri, 18 Mar 2011 17:12:11 GMT

I hope he didn't collect any af cards.

Re: Man Has 1,497 Credit Cards

vish1 — Fri, 18 Mar 2011 18:51:50 GMT

@Anonymous wrote:
thats amazing , do cc companies just turn a blind eye to his inactivity because hes the record holder?lol

yes, he indicated in a interview that he has been writing to the CCCs that he wants the card for the record.

Re: Man Has 1,497 Credit Cards

DI — Fri, 18 Mar 2011 18:54:48 GMT

I wonder if he pays AFs to carry any of those cards. And if he have multiple cards with one bank.

Re: Man Has 1,497 Credit Cards

Anonymous — Fri, 18 Mar 2011 18:58:55 GMT

My guess is atleast some of those cards had an annual fee and that he does have multiple cards with some banks atleast. I cannot imagine getting nearly 1500 cards all AF free and finding that many Finacial Insitutions to extend credit to him.

@DI wrote:
I wonder if he pays AFs to carry any of those cards. And if he have multiple cards with one bank.

Re: Man Has 1,497 Credit Cards

tray — Sat, 19 Mar 2011 03:24:49 GMT

I think this person is completely insane LOL

Re: Man Has 1,497 Credit Cards

Tons_of_Debt — Sat, 19 Mar 2011 03:50:11 GMT

Obviously this guy is an oddity, but it brings up a good point: Should banks declined based on total available credit? Does having too much credit available (regardless of credit history) present an unnecessary risk at some point? Seems like 1.7 million would be past that line (if there is such a line)...

Re: Man Has 1,497 Credit Cards

tsquad131 — Sat, 19 Mar 2011 07:06:51 GMT

I got denied with Bank of America for a card because they said I have too much available credit and did not need anymore so yes too much available credit is a high risk because you can charge that at any time and having the bank risk the possiblity of no repayment