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From: bde@ihlpl.UUCP (Ewbank)
Newsgroups: net.consumers
Subject: Re: Re: Discover -- A product of the Sears
Message-ID: <601@ihlpl.UUCP>
Date: Mon, 17-Feb-86 14:34:08 EST
Article-I.D.: ihlpl.601
Posted: Mon Feb 17 14:34:08 1986
Date-Received: Tue, 18-Feb-86 04:07:36 EST
References: <343@uwai.UUCP> <34200017@uiucuxc> <809@kitty.UUCP>
Organization: AT&T Bell Laboratories
Lines: 22

> > 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...

They may not have unsolicited credit cards any more, but my first card
was also sears (18, unemployed, college student) and I've used it ever
since (only 7 years... I'm still a youngster ;-).  Never had a problem
with them.  I like Crafts<person> tools.  Not a political statement,
just an opinion.  JCPenney didn't "like" me until I was 22.
-- 
"them's mah own parsunal i-dees, not mah employah's"

-- Bryan Ewbank, 312/979-4296, !ihnp4!ihlpl!bde,
   ih 6M-523 / AT&T Bell Labs / Naperville, IL  60566