David Saks: July 2008

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

What Difference Does It Make Whether or Not You Get 5% Cash Back At the Pump When Your Paying 16.9% Interest or More for Your Usurious Gas Card ?


Do you get those stupid '5% cash back at the pump' offers ? Isn't it insulting ?

Fuel is already being pirated. Our colleagues are having the rear end of their trousers ripped out because of the cost of gas. So what difference does it make whether or not you use a 5% cash back card at the pump when your interest rate is almost 17% or more? Why don't the pirates just lower the interest rates on the cards? North Sea Crude is pushing 150 dollars a barrel.

Do the math. Some of the gas card interest rates are usurious and it doesn't make any sense to follow some absurd marketing strategy that allures you with false hope that your saving big bucks, preys on the psychology of 'something for nothing', and tricks you into maxing out your gas card.

Be vigilant and use cash at the pump if you can.

Forget the cards and maybe the pirates will start lowering gas prices when the interest payments stop.

Another public service rant from your pal.


David Saks

Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.


Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.





"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


  Real Estate Crimes


Click "HERE" For Today's Question



TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis



America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 11 commentsDavid Saks • July 13 2008 12:53AM
What Difference Does It Make Whether or Not You Get 5% Cash Back At…
Do you get those stupid '5% cash back at the pump' offers Isn't it insulting Fuel is already being pirated Our colleagues are having the rear end of their trousers ripped out because… more
Are Interest Rates Soaring Because Home Values Are Plummeting
Do the math. Financing was once a bargain. Cheap money was everywhere when home prices were high. The joke was that if your FICO score was -50, if you were a day out of bankruptcy, 12… more
Designations: Continuing Education or Continuing Humongous Absurd Rip…
Do you wonder why every time you turn around the national, local or state board is mandating or hawking some 3, 4, 6, 8, 12 hour or more continuing education class? Some classes free, some costing hundreds… more
Listing Benefits For The Agent
I've put together a short list of what I consider benefits to the agent when taking a listing. If you can think of others jump right in. 1. You've got lots of other people working for you. &… more
Listing and Recession
When you accept a listing your building your inventory, the expansion of your sales portfolio, the volume of which may be considered a condition of success. If your inventory is a small one the… more
Listing Quality vs. Listing Quantity
What constitutes a great listing, a good listing, a mediocre listing, a lousy listing? Is the routine of listing a house decent enough for you to cope with Are you just looking for… more
Local or Schmocal
I've got a few questions for you. 1. What was the percentage of listings that you sold last year 2. What was the average price of the home you sold last year 3. What was the… more
ActiveRain's Point System : Consider This REALTORS®
A comment on an earlier blog suggested that one should, "… investigate, do… due diligence, and interview" prior to selecting an agent. But what about a cornucopia of great content… more
Bad calls at FHA creating turmoil : Is Somebody's Timing Off
Did somebody make a mistake? Is the flood gate wide open for bad real estate deals? The FHA 90-day waiting period, created in 2003 to prevent predatory lending and house flipping, has been given a reprieve on the heels of the… more