A Thirty-Cent Pay Day

I felt rather special when I received a thin envelope from the Wells Fargo bank. Back in 2004, I had yet to own a credit card. However, I needed a rental car and the rental car places only take credit cards. I hastily applied to many credit card companies, but was denied by each one because I didn't have an existing revolving account (don't get me started on the catch-22 situation). As a last resort, I applied to Wells Fargo (whom I banked with at the time) and got accepted. I was ecstatic that I had finally received my very first credit card. Continue Reading...