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Lobby General Discussion topic #12811556

Subject: "Why are hotels/airlines also in the credit business?" Previous topic | Next topic
MEAT
Member since Feb 08th 2008
22257 posts
Thu May-21-15 12:32 PM

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"Why are hotels/airlines also in the credit business?"


  

          

Every day I get an offer from some airline or hotel not telling me about their products but offering to extend credit to me.

I don't get it, the offer, and additionally why should I trust them as a financially viable credit institution.

------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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Topic Outline
Subject Author Message Date ID
oft-times its a branding/partnership thing
May 21st 2015
1
Yup. Unless it's a casino offering you a marker
May 21st 2015
2
most americans couldn't afford a hotel room or flight...
May 21st 2015
3
Because Financial firms are making more money than real economy business...
May 21st 2015
4
That's crazy / sad
May 21st 2015
5
official banks are backers of the cards
May 22nd 2015
6
let MoteL 6 expand their portfolios
May 22nd 2015
7
Ease barriers to entry + make dat interest.
May 22nd 2015
8

Selah
Member since Jun 05th 2002
16484 posts
Thu May-21-15 12:34 PM

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1. "oft-times its a branding/partnership thing"
In response to Reply # 0
Thu May-21-15 12:35 PM by Selah

          

the company has a deal with an actual bank

same with gas cards, car manufacturer cards, etc

  

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John Forte
Member since Feb 22nd 2013
15361 posts
Thu May-21-15 12:35 PM

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2. "Yup. Unless it's a casino offering you a marker"
In response to Reply # 1


          

the hotel is probably not giving you credit.

  

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philpot
Member since Apr 01st 2007
21673 posts
Thu May-21-15 12:37 PM

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3. "most americans couldn't afford a hotel room or flight..."
In response to Reply # 0


  

          

without going into debt, so there's that...

________________________________________________________________
whenever you did these things to the least of my brothers you did them to me

  

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Buddy_Gilapagos
Charter member
49394 posts
Thu May-21-15 01:15 PM

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4. "Because Financial firms are making more money than real economy business..."
In response to Reply # 0


  

          


**********
"Everyone has a plan until you punch them in the face. Then they don't have a plan anymore." (c) Mike Tyson


"One of the most important things in life is what Judge Learned Hand described as 'that ever-gnawing inner doubt as to whether you're

  

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MEAT
Member since Feb 08th 2008
22257 posts
Thu May-21-15 01:45 PM

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5. "That's crazy / sad"
In response to Reply # 4


  

          

------
“There is no fate that cannot be surmounted by scorn.” -Albert Camus

  

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afropuff
Charter member
7580 posts
Fri May-22-15 09:17 AM

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6. "official banks are backers of the cards"
In response to Reply # 0


          

  

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rdhull
Charter member
33129 posts
Fri May-22-15 09:30 AM

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7. "let MoteL 6 expand their portfolios"
In response to Reply # 0


  

          

  

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illegal
Charter member
78381 posts
Fri May-22-15 09:42 AM

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8. "Ease barriers to entry + make dat interest. "
In response to Reply # 0


          

***
when I come around, they frown
then wanna dap me down
but when I leave?

  

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