Cowboy Caleb the liberal arts, grown-up stuff & random mischief

The End Of Your Credit Is Nigh

Need extra cash quickly? Now you can get a cash advance from your credit card by easily crediting funds from your credit card to your account, to another third party DBS/POSB account, or an inter-bank account - yet another first from DBS.

In an unprecedented move of sheer genius (which everybody knows is a double-edged blade), DBS Bank is now the first and only bank to offer a service to transfer funds from your credit card to your own account, a 3rd party account or an inter-bank account via internet banking.

I think this is a terribly convenient way to get on the road to financial ruin. From this point henceforth, it will be dreadfully easy for people to pop a couple of grand from their credit cards into their bank accounts electronically. It was easy enough swiping your plastic without thinking of the consequences, but now you can do it via a browser.

Disclaimer: I hate plastic. My friends and I have been brought down low by them. Cash, is king.

link

Other Websites: Apply for credit cards with instant approval. Bad credit - No problem!

Life in plastic, its fantastic…

goes the song. :P

Plastic is great as long as you have the discipline to make it work for you. I don’t know how people can live on revolving credit. I don’t even look at those deals for balance transfers (con jobs all). And whoever takes advantage of this new DBS scheme is totally on the road to financial ruin.

Why discriminate against plastic? Ah longs will lend you cash to burn, stock brokerages will lend you shares to short, medical advances will lend you time to chalk up hospital bills to leave behind…

Shaft freewill and personal responsibility, it’s all their fault.

Credit cards are evil…eeevillll i tell ya! EEEEVIL!!!

YES EVUUUU RRRRR RLLLLLL LLLLLLL but they make nice wallet adornments. Who ask me got no Zouk card?

Use plastic got points. Got points can redeem air miles.

Only morons get burned by credit card debt.