Tuesday, August 17, 2010

A Credit Card Offer That Even Surprised Me

I got several financial offers in the mail yesterday, as I do most days. What I couldn’t believe, was that I got an offer for a Visa, endorsed by Liberty University, signed by Jerry Falwell Jr.

Wait a minute, Liberty… you are a Christian university. Are you really endorsing your alumni to go into debt? Really? Does God not say that the borrower is slave to the lender? …Slave!

Oh… it helps support the university… “Every time you buy groceries, get gas, or shop on-line, a portion of that purchase goes directly back to the organization. All at no cost to you.”

Where do I even start? Insinuating that it is okay to buy your gas and groceries with a credit card is LUDICROUS!!! … and “at no cost to you”? What about that 14.99% interest rate?

I mean, I know we all want to say that we can take advantage of the 0% introductory rate, and pay off the balance before the interest comes due, but let’s face it, if most of us did that, the creditors wouldn’t make those offers. … And I know, it’s “free money,” but the borrower is STILL slave to the lender. And the truth is, just like the majority of people receiving this offer, the majority of you reading this blog, don’t handle your credit cards responsibly.

We must get past this idea that we can have something for nothing, and stop enslaving ourselves to these lenders. We should also to be careful not to accept ideas because of who endorses them.
For my life to honor God, He must be my standard of measure, not Liberty University, or any other Christian organization.

Don’t just take my word for it, look it up yourself! The Biblical reference is found in Proverbs 22:7. Be sure when you do, you read the beginning of the verse too! (If you don’t have a Bible, you can look it up online at www.Bible.com)

Leslie Sweet – Financial Coach
865.789.6229
lsweet02@comcast.net

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