Numbers Don't Lie

Monday, May 01, 2006

A credit card nation

Last year in US, credit card companies spent $6 billion dollars to promote their credit cards services, a 16% increase from the previous year. Each month, an average adult received 6 unsolicited credit card application forms, and 0.3% of people do apply for them.
Heard from CBSnews, April 30th, 2006.

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8 Comments:

Blogger Newsandseduction said...

interesting blog.

7:04 PM

 
Blogger ggwfung said...

love of stats ... reminds of the Isaac Asimov classic where the main character uses statistics to manipulate entire societies - even though he couldn't predict what one specific individual was going to do, he knew there was a certain likelihood that some person would do some act. Good stuff.

1:00 AM

 
Blogger comment4U said...

Ugh....numbers hurt my head!! I love to ruminate over LOTS of various info avenues, but numbers is NOT one of 'em. Nifty blog though. =)

8:13 PM

 
Blogger reno said...

Hello from Belgium !

regards.

Reno

5:05 AM

 
Blogger Editor said...

I do not have a credit card and I shred every offer that comes in the mail. Great blog!

6:31 AM

 
Blogger Brandi Love said...

Im was sick of high cost advertisement campaigns, all the while hiking up rates. Kaiser had a commercial on TV and the radio every hour, on every station yet can charge me two hundred bucks a month for barely mediocre coverage with no prescriptions..

10:40 AM

 
Anonymous Anonymous said...

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9:19 PM

 
Blogger YourSimplerLife said...

When you're choosing a credit card make sure that you look at the whole offer instead of just focusing on Best credit card deals.

5:04 AM

 

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