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Credit card issued to tree (one result of the new bankruptcy bill)

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Wordie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 03:34 PM
Original message
Credit card issued to tree (one result of the new bankruptcy bill)
With the new bankruptcy bill, credit card issuers have lowered their standards in an effort to sign up more people for credit cards. In this case they may have gone a bit too far:

Many of us have tried — because we were tired of getting "junk mail" solicitations, wanted to prove how easy it is for just about anyone to obtain a credit card, or were simply in a prankish mood — submitting credit card applications with nonsensical information: filling them out in the name of an infant, a pet, or a fictional character. And it's not uncommon for such efforts to succeed; stories about someone's successfully obtaining a credit card for his infant daughter, a pet chihuahua, or Mickey Mouse are fairly common news fodder. However, in December 2005 a West Hollywood realtor achieved something we'd never heard of before: he got a credit card issued to a tree.

Recent changes to U.S. bankruptcy laws have made it more attractive for banks to offer credit cards to customers they might ordinarily have spurned (such as those just emerging from bankruptcy) or to offer more credit to existing customers. One result of this change is that many people have been seeing a flurry of credit card solicitations from various lenders in their daily mail.

One such person, a West Hollywood realtor by the name of Gary More, grew annoyed at the plethora of unwanted credit card applications he was receiving and tried calling the issuers to put a stop to all the junk mail. After that approach failed to achieve the desired results, he took one of the many unwanted solicitations in hand, scrawled the words "Never waste a tree" across it (as his way of telling the sender to stop wasting paper), and mailed it in.

And then ... you guessed it, Mr. More received a credit card from Chase Visa, issued to one "Never Waste Tree"

http://www.snopes.com/business/bank/treecard.asp

This urban legend was determined to be true.

(I just thought we all might need some comic relief right about now.)
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Spinzonner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 03:35 PM
Response to Original message
1. No use pining over this
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Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 03:38 PM
Response to Reply #1
5. Those sons of birches
They maple this stunt again...
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myrna minx Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 03:38 PM
Response to Reply #1
6. Leaf him alone!
Rim-shot! :silly:
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Kadie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 03:49 PM
Response to Reply #1
10. The CC companies are just branching out.
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Occulus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 04:00 PM
Response to Reply #10
14. They were barking up the wrong tree...
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Wordie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 05:15 PM
Response to Reply #14
18. OMG...trees...aspens...It's Libby secretly communicating with Judy! nt
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 03:35 PM
Response to Original message
2. Keith Olbermann had the guy on last week.. he showed the card
:)
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Wordie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 03:37 PM
Response to Reply #2
4. LOL...I missed that. It's too funny! nt
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Daphne08 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 03:36 PM
Response to Original message
3. I saw that news report, and it IS true.
It really ticks me off that we must spend time shredding all the credit card offers we receive.




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harlinchi Donating Member (954 posts) Send PM | Profile | Ignore Wed Dec-21-05 03:40 PM
Response to Original message
7. We'll have to root out this behavior before it branches out! n/t
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iamahaingttta Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 03:43 PM
Response to Original message
8. Santos L. Halpern...
... will be next!
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recoveringrepublican Donating Member (779 posts) Send PM | Profile | Ignore Wed Dec-21-05 03:45 PM
Response to Original message
9. I could have told you it's true. I key mail, the amount of waste is just
amazing! So many "any street any city, FL" "unknown" "Ben Dover", etc. I guess it cheaper for companies to send out so much junk than to actually pay someone with common sense to know that there is no "Any Town, OK" Plenty of profanity also, a couple of days ago I was cracking up at "Fuck you Smith, 123 Fuck you street, fuck you (can't remember the state)" It's funny what some people right on the Business Reply mail also, plenty of "APR is too high", wonder if it's te same person?
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Occulus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 03:52 PM
Response to Reply #9
11. It sounds as if they're using OCRs to input the data
Optical Character Readers. That could make for some interesting ways to target people we don't like, if true....
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NewWaveChick1981 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 03:56 PM
Response to Original message
12. OMG, that's too funny!
I wonder if Never W. Tree would declare bankruptcy at some point in the future. Wouldn't it have to prove it didn't have the income to pay its bills? Or could they kill it to print more money to pay its bills? Boggles the mind.... :P

I worked for a college administrative office back in the late 1980s that got a Publishers Clearing House entry form addressed to "Scholarship Committee." It said things like, "Scholarship, wouldn't you love to be able to travel and do the things you always wanted to do?" and "Mr. Committee, return your entry right away!" We sent it back as a joke, waiting to see if Scholarship Committee won the big prize. As usual, no prize. :(
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AntiCoup2K4 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 03:59 PM
Response to Original message
13. And I used to think it was amazing when I got the "12 CD's for a penny"...
...addressed to "Mike Hunt" :evilgrin:
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importDavid Donating Member (109 posts) Send PM | Profile | Ignore Wed Dec-21-05 04:21 PM
Response to Original message
15. Boo Boo Kitty
Several years ago a friend of mine was sick of all the credit card solicitations he was receiving and sent one back with his cat's name on it (Boo Boo Kitty).

About a month later the cat received a credit card with her name on it. He had the card cancelled but framed it. It's in his living room now.

Hilarious!
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Wordie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 05:00 PM
Response to Reply #15
16. Unbelieveable! LOL nt
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Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 05:08 PM
Response to Original message
17. Who wood have ever thunk it?
Next they will be issuing credit cards to credit cards! Someone send in a visa application for Mr. American Express!
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ncrainbowgrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-21-05 05:26 PM
Response to Reply #17
19. LOL. Or Mister Master Card.
No relation to Andrew Card, of course!
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