• CandleTiger@programming.dev
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    11 months ago

    My MIL declared bankruptcy and after that she was awash in credit card ads. What you say makes sense but it doesn’t square with what I saw.

    • Neato@kbin.social
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      11 months ago

      Well, that’s unexpected but I guess CC companies are willing to risk it. Especially if they know that CCs are the only viable option they have and they can offer penalty APRs with little pushback.

      • InputZero@lemmy.ml
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        11 months ago

        I’ve had extended family members declare bankruptcy several times and they’re still approved for a credit card. Whereas I have never missed a credit payment in my life have a hard time getting a line of credit. I don’t get it, the system is broken.