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From: larry@kitty.UUCP (Larry Lippman)
Newsgroups: net.consumers
Subject: Re: Re: Discover -- A product of the Sears
Message-ID: <809@kitty.UUCP>
Date: Thu, 13-Feb-86 23:22:37 EST
Article-I.D.: kitty.809
Posted: Thu Feb 13 23:22:37 1986
Date-Received: Mon, 17-Feb-86 05:26:13 EST
References: <343@uwai.UUCP> <34200017@uiucuxc>
Organization: Recognition Research Corp., Clarence, NY
Lines: 18

> just to show the other extreme: sears was my first credit card; i got
> it at age 18, as a college student with zero credit record.  my memory
> is a little fuzzy about it (this was ~1970), but i think i used the
> credit right away for a $400 purchase (even before i got the plastic).

	Hell, them was the good 'ole days when graduating college students
got UNSOLICITED credit cards in the mail, because credit card issuers felt
that college students were a good risk.  Federal legislation later outlawed
the practice of issuing unsolicited credit cards.  Many credit card issuers
also discovered that their assumption about college students being a good risk
was wrong...

==>  Larry Lippman @ Recognition Research Corp., Clarence, New York        <==
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