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Unhappy with Virgin 0%...beware beware

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  • NickX
    NickX Posts: 3,046 Forumite
    years ago there was a social stigma to borrowing money and admitting that you had a credit card was like confessing you had a criminal record.

    Really ??

    Thats not my memory. I recall during the 80s paying for dinner with a Gold Diners Club or AMEX Card was a status symbol similar to the brick sized mobile phone and keys to a Porsche. As with all the yuppie accessories it wasn't long before these facilities became available to mere mortals ;)
  • I don't recall talking about the 80's anywhere? I am talking about before then. In the 80's it became fashionable to be a yuppie which is really when all this living beyond your means first became socially acceptable as everyone wanted others to think they were financially successful when most yuppies weren't as it was all on credit.

    I have never lived the yuppie life and neither have any of my friends (although I did drive a Golf GTI which I had for 12 years and it was my pride and joy until it got written off in an accident).
  • NickX
    NickX Posts: 3,046 Forumite
    OK I don't really remember before the 80s, before my time to be honest ;)

    I did have a lovely brick mobile back in 1987, looked very flash but the reception was terrible. Also tried to never use it because it was costing 50p a minute so just used it to look important.

    I like Golf GTi's although I went more for the Astra GTE back then, but I have never been keen on Porsche and I suspect that is something to do with the fact that all those currency traders in the late 80s had them.

    My first credit card was a lowly Barclaycard (of whom I am still actually a customer).
  • I love the Porsche and it was my dream to have one back then and it still is now. I know what you mean about the city traders and yes having an AMEX card definitely used to be a status symbol.

    My first card was your flexible friend- the Access card ( I am still a customer as well). I still have my first cashpoint card when they first came out. It is about 30 years old now. (Yes I am getting a bit old now).
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