Reply #4: I think it was, but individual stores had "in-house" accounts before that [View All]

[SoCalDem]

and because they had to be paid in FULL every month, there was the assumption that you HAD the money to pay, so credit was truly just a convenience..not a necessity :)

I can still remember how it felt to be a teenager with a charge account at a store ..very heady experience to know that I could buy anything i wanted..(It was actually my Aunt's account, but she added me to the account):)

That's why credit cards advertise the way they do..they understand the psychology of ego :) It;s a real high to know that you are "approved", and you can have anything you want :)

It's not about the stuff..it's about the feeling.