PSA: Don't swipe recklessly for others

[S209]

No one is "inherently" a fraudster.

-1

There are plenty of people who are dishonest. Like, they would straight up lie. Like I said I know these guys and I believe they are honest as in they wouldn’t lie. You’re right that this is deceptive but they probably justify it in their heads and perhaps even tell you about their compensation once you call.

[S209]

"Putting aside the issue everyone was talking about, we've all done the same thing."

This is uncharacteristic of you. I wrote a few paragraphs, in that particular paragraph I was addressing the point that you brought up about referring novices to credit cards. Whatever your feelings on that issue are, and I’m sure they are valid (I’ve seen your posts on this topic and they have influenced the way I think about credit cards) it’s disingenuous to pretend many here don’t refer people to the game constantly.

[Yehuda57]

This is uncharacteristic of you. I wrote a few paragraphs, in that particular paragraph I was addressing the point that you brought up about referring novices to credit cards. Whatever your feelings on that issue are, and I’m sure they are valid (I’ve seen your posts on this topic and they have influenced the way I think about credit cards) it’s disingenuous to pretend many here don’t refer people to the game constantly.

I've referred people myself. No one takes issue with referrals. It's the deception and purposefully targeting people ignorant of the topic. No, we haven't all done that on any scale

[S209]

I've referred people myself. No one takes issue with referrals. It's the deception and purposefully targeting people ignorant of the topic. No, we haven't all done that on any scale

I agree with the deception being an issue. As for the referrals, they likely haven’t thought through the pitfalls of credit cards and simply realized there’s a large market ignorant of credit cards. That’s just referring people at scale. Anyone you introduce to credit cards is ignorant of the topic..

[Yehuda57]

I agree with the deception being an issue. As for the referrals, they likely haven’t thought through the pitfalls of credit cards and simply realized there’s a large market ignorant of credit cards. That’s just referring people at scale. Anyone you introduce to credit cards is ignorant of the topic..

Again, it's the marketing. I've referred people who have asked me about CCs. I've also given them my warning spiel. And I would wager the majority of DDFers are the same, they haven't sought out beginners to refer and bring into the game.

[etech0]

Some only refer people to credit cards when they ask for advice about choosing a credit card

[S209]

Again, it's the marketing. I've referred people who have asked me about CCs. I've also given them my warning spiel. And I would wager the majority of DDFers are the same, they haven't sought out beginners to refer and bring into the game.

Good on you. And I’m here to tell you that many DDFers have no qualms about referring people to CCs with no warning speech. Caveat emptor.

I didn’t previously but once you started writing about the pitfalls I have added a solid warning whenever I referred someone to their first credit card. Kol Hakavod.

[yitzgar]

Really? Most people here encourage others (who don't know anything about the parsha) to get credit cards in order to get referral bonuses? Without telling them? I thought most of us were better than that...

[Chuchum Ainer]

Good on you. And I’m here to tell you that many DDFers have no qualms about referring people to CCs with no warning speech. Caveat emptor.

I didn’t previously but once you started writing about the pitfalls I have added a solid warning whenever I referred someone to their first credit card. Kol Hakavod.

"Many DDFers" I hope it's a miut. And an even smaller miut that would go out of their way to convince someone who has never had a credit card that they must sign up for a business card and get free money.

Personally I've told a number of friends I won't help them choose a card because I think they'll just get into trouble if they get credit cards.

This guy's shtick is 1) slimy and irresponsible 2) not theft. Not that complicated

[S209]

Really? Most people here encourage others (who don't know anything about the parsha) to get credit cards in order to get referral bonuses? Without telling them? I thought most of us were better than that...

Did anybody say most? And did anyone say they don’t tell them they’re getting a referral bonus?

I said many would refer people to get referral bonuses despite the potential pitfalls of credit cards. You’re entitled to your opinion but many people think responsible usage of credit cards is just fine.

[S209]

"Many DDFers" I hope it's a miut. And an even smaller miut that would go out of their way to convince someone who has never had a credit card that they must sign up for a business card and get free money.

Personally I've told a number of friends I won't help them choose a card because I think they'll just get into trouble if they get credit cards.

This guy's shtick is 1) slimy and irresponsible 2) not theft. Not that complicated

Agreed.

[imayid2]

Really? Most people here encourage others (who don't know anything about the parsha) to get credit cards in order to get referral bonuses? Without telling them? I thought most of us were better than that...

What do you mean “who know nothing about the parsha”?

Nearly everyone is already at risk of cc debt from the ones they have. It’s a matter of explaining the perks of a specific SUB.

[Euclid]

(On the flip side, I have a friend who's been unemployed for a while (he was in kollel for too long). He's a very responsible person, and I've been begging him to get involved in the game; but I can't seem to convince him no matter how I try.)

[etech0]

What do you mean “who know nothing about the parsha”?

Nearly everyone is already at risk of cc debt from the ones they have. It’s a matter of explaining the perks of a specific SUB.

You assume that they already have.
And if they do, a new CC may come with a higher credit limit which means more risk.

[Ly18]

I personally know the people behind this. There are actually two separate people competing. The one I know better is pretty new to the credit card game (I actually referred him to his first credit card) and began recently with just maximizing his personal referrals, not a regular affiliate program.

They are getting a LOT of sign ups. It’s not a classic case of fraud as in they aren’t stealing from you in any capacity and they actually are helping many who are completely ignorant of credit cards without access to the internet who can gain from this but it’s highly misleading and I think the Toeles Horabim language etc. is wrong (was originally done as a joke). I hope they do spend a few minutes telling you what can go wrong.

Let’s be honest, many of us have done this in some small scale. I earn on plenty of referrals every year, I can name at least a dozen people who I’ve recruited to the game. I am honest with my network but not surprised people omit information when trying to refer people.

As far as I can tell neither of them are fraudsters or inherently dishonest people. Hope they stay that way.

Just causing a $100 loss by competing with the pay for play guys. "I'd love to use your link however are you matching the $100 that is being offered by ploni"...

[S209]

Just causing a $100 loss by competing with the pay for play guys. "I'd love to use your link however are you matching the $100 that is being offered by ploni"...

Actually I think they’re offering cash on top of the SUB

[aygart]

Actually I think they’re offering cash on top of the SUB

Litoeles harabim of course

[WonderingYid]

-1

There are plenty of people who are dishonest. Like, they would straight up lie. Like I said I know these guys and I believe they are honest as in they wouldn’t lie. You’re right that this is deceptive but they probably justify it in their heads and perhaps even tell you about their compensation once you call.

Why do they call themselves “volunteers” when they are being heavily compensated?

[S209]

Why do they call themselves “volunteers” when they are being heavily compensated?

IMO as a deceptive advertising practice. They probably justify it to themselves somehow, perhaps by saying they go the extra mile helping people even if they don’t have to?

I spoke to one of them yesterday and he told me now that the referral bonus is down to 75K he told someone to sign up directly for 90K. This is not the one hanging up the signs that say Toeles Horabim, he does this on a much smaller scale.

[WonderingYid]

IMO as a deceptive advertising practice. They probably justify it to themselves somehow, perhaps by saying they go the extra mile helping people even if they don’t have to?

I spoke to one of them yesterday and he told me now that the referral bonus is down to 75K he told someone to sign up directly for 90K. This is not the one hanging up the signs that say Toeles Horabim, he does this on a much smaller scale.

I not quite sure, why you go such great lengths to defend someone who clearly has no issue clearly lying.