I am 24 years-old and I activated my first credit card last week. I have been mailed many a credit card offer over the past 6 years but have only applied for two.
The first app was for a Gap card. I had no intention of accruing debt that I could not pay down in less than a month. I just figured that as often as I shop at Banana, Gap, and Old Navy I might as well be earning some coupons and points with the family of brands. However, this was years ago when I had no credit history because absolutely nothing was in my name, and Gap said no. I cried. No really, I did. The experience made me feel like some sort of financial criminal. I didn’t tell anyone about it because I was so embarrassed.
The second application took place a few weeks ago for some Capital One gold or platinum or titanium Master Card. They let me in the club this time. Lest you fear that I intend to become one of the masses of young Americans spun up in the idea that I should buy things I can not afford now and forget to pay for them later, allow me to explain the reasoning involved in my decision.
Since the gap incident, I bought a car (with dad’s good name on the paper work as cosigner) and have been paying down the loan all by myself . While that is well and good, for the past year and a half I have been living with ladies who had their utilities set up before I moved in thus rendering the li’l car loan as my one and only influence over my one and only credit score. So after years of tearing up and throwing away credit card offers, I took the plunge in an effort to up my status in the eyes of our nation’s withering financial institutions.
Now I have this shiny new piece of plastic featuring VanGogh’s Starry, Starry Night because it was either that, a boring gray background, or some ridiculously patriotic scene straight out of John Ashcroft’s imagination. For now, I plan to only use the plastic for purchasing gas because it is a predictable but relatively infrequent necessary evil (now that I live six blocks from work, my quality time at the pump has decreased a wee bit).
The folks at Capital One sent a little love in the direction of my gmail inbox this morning. The message seemed to be of little consequence until I read a bit of fine print at the bottom of the page where I learned that C.O. has a grand office of sorts in Salt Lake City, Utah! Now this may not be so exciting for most people, but I am not most people. I happen to be a girl who has been feverishly devouring information concerning all things Mormon for the past month or so, and Salt Lake City just so happens to the worldwide hub of the Latter-Day Saints. I think they are a fascinating people, and now I think that my new credit card is likely fueling their enormous network of tithers.
this is a rotten entry. there is no story – no conflict or resolution. but i’m proud of my john ashcroft reference so it’s staying posted.