LoveToKnow Creditcards:AllComments

Comments

It is very rare that a credit card issuer would extend a credit card without checking the applicant's credit report. It is possible that the issuer saw some problems on in the credit report when they checked, but they still decided to issue the card - possibly with a more limited credit line.

Thank you for your comment.

-- Contributed by: SusanWeber

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many of the debts were credit cards, they never checks credit report before issue, why do they need to check after??? I think many of you know what I am talking about...

-- Contributed by: why check now, not then

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Amy,

With the large numbers of consumers in debt, it is very likely that employees of collection agencies are in debt. Hopefully, they might be more understanding of the situation encountered by a debtor since they are also a debtor.

Thank you for your comment and for visiting LoveToKnow Credit Cards.

-- Contributed by: SusanWeber

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I would like to run a credit check on the people calling from the collection agencies. If they are calling me to collect and they are in debt, wouldnt that be hypocritical? Just because they get hired on with no debt doesnt mean they arent currently in debt. There should be a limit.

-- Contributed by: Amy
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