Originally Posted by
I-Like-To-Bike
I am not aware of any credit card company that requires the card holder to own a motor vehicle; are you?
Why would anyone need or offer a "special" credit card for non-car owners? And special mortgages for non car owners? What will make the mortgages "special"? Mortgages on what that is not already available to every non car owner?
Are you thinking of an affinity credit card that gets a pretty logo on the piece of plastic with no other benefit?
Yes, as Roody said in the linked post - it would be a gimmick. What would be "special' about it, is that finance companies may come to recognize car-free people as an under-exploited market, since they don't have car loans, so they would look for other ways to hook those people into taking on debt and making monthly payments.
Originally Posted by
Roody
Not so much to incentivize the CF lifestyle, but just to capture the additional discretionary income that carfree people possess. This would be basically a "Gimmick Loan" to increase their own profits, not a public service to promote LCF.