We charge an insane 30.49 percent.
Discouraging anyone who may carry a balance from using our in house card .
Really nasty thing to do.
No wonder when I ask if they want to open an account or use theirs they decline .. Short term gain long term pain. As we drive possible customers away. Not everyone is rich..
3 replies (most recent on top)
Agree on the loss prediction. Despite all of the feel good stories, the numbers don’t lie. The last layoff reeked of desperation.
Incircle points don't matter to many I had more lower spenders in the past... you see them more at last call. .. now that won't sell as much either. Us raising our price points was a huge mistake. I see us swinging back to losses by next year for sure.. The thousand layoffs this year couldn't stop it. Our employee count was 16000 years ago now it is around 9100 plus
Geoffrey already said we don't want more customers..First CEO ever to do that .Besides some other d-mb ones who were also disasters .