Does applying of credit cards have some psychological connection?
One of my friend recently got into CC game and now he cant stop himself applying for all available cards just to see whether he can get that card or not which has taken a hit on his CIBIL score.
Even i myself was standing at a similar point when i started applying for cards and applied left right for almost all cards offered by all the banks. I’ve seen many similar comments/posts here where people cant stop themselves to apply for cards even when they feel it wont serve any useful purpose to them. All they wanted is to just apply and see if it gets approved or not.
Is this some psychological thing which everyone goes through while getting into the credit card game? Is it something similar to addiction or something else. What are your views? And have you all ever been in the same boat?
One of my friend recently got into CC game and now he cant stop himself applying for all available cards just to see whether he can get that card or not which has taken a hit on his CIBIL score.
Even i myself was standing at a similar point when i started applying for cards and applied left right for almost all cards offered by all the banks. I’ve seen many similar comments/posts here where people cant stop themselves to apply for cards even when they feel it wont serve any useful purpose to them. All they wanted is to just apply and see if it gets approved or not.
Is this some psychological thing which everyone goes through while getting into the credit card game? Is it something similar to addiction or something else. What are your views? And have you all ever been in the same boat?