Dangerous trends with credit cards - Page 2

Shay VanVlymen · 05-23-2008

Quote:

Originally Posted by TomN

I have no credit cards, I do cash only. It sucks and is a pain in the ass but I have no credit card bills.

Same here. No credit cards by choice.

hunter480 · 05-23-2008

Quote:

Originally Posted by Pami

I think we only have one left to get paid off. Finally.
Now... on to those student loans... *$&%&@^

I bet when you took those student loans out you weren`t $&%&@^

Sorry for being so touchy, but I remember a campaign years back for an Indiana Secretery of State-she blew off HER student loans. Didn`t feel obligated to pay them back, and the voters in Indiana still felt compelled to vote her into office. I have a sore spot still about that. The taxpayers, i.e. ME, have to pay that stuff back-pisses me off.

Bill of Rights · 05-24-2008

Quote:

Originally Posted by hunter480

I bet when you took those student loans out you weren`t $&%&@^

Sorry for being so touchy, but I remember a campaign years back for an Indiana Secretery of State-she blew off HER student loans. Didn`t feel obligated to pay them back, and the voters in Indiana still felt compelled to vote her into office. I have a sore spot still about that. The taxpayers, i.e. ME, have to pay that stuff back-pisses me off.

I think it's admirable that Pami is saying she does have to pay them back and certainly nothing to be touchy about to her. With respect, might I suggest saving your completely appropriate ire for deadbeats like the SecState you mentioned? Good for you, Pami. They're a pain in the arse to pay off, but it sure feels good to get to that last payment.

Blessings,
B

Shay VanVlymen · 05-24-2008

Quote:

Originally Posted by hunter480

I bet when you took those student loans out you weren`t $&%&@^

Sorry for being so touchy, but I remember a campaign years back for an Indiana Secretery of State-she blew off HER student loans. Didn`t feel obligated to pay them back, and the voters in Indiana still felt compelled to vote her into office. I have a sore spot still about that. The taxpayers, i.e. ME, have to pay that stuff back-pisses me off.

I'm pretty sure Pami intends to pay off her student loans. Comparing her to someone who didn't pay her obligations is an irresponsible stretch.

hunter480 · 05-24-2008

Quote:

Originally Posted by Shay VanVlymen

I'm pretty sure Pami intends to pay off her student loans. Comparing her to someone who didn't pay her obligations is an irresponsible stretch.

Awwww-irresponsible????? I don`t think so. Sorry if I touched a nerve. I seriously never meant any disrespect..........

I was only stating an opinion-a recollection of someone else, touched off by her disdane for the debt owed on her student loan, and the attitude behind it.

Your defense of her is admirable, however misguided and unnecessary.

Glad to hear though, that you`re "pretty sure" that she`s gonna pay.

W9ZEB · 05-25-2008

Hunter480, Stuff it.

Owing $75,000 to anyone is enough to make you pissed off. Whether you intend to pay it back or not.

hunter480 · 05-25-2008

Quote:

Originally Posted by W9ZEB

Hunter480, Stuff it.

Owing $75,000 to anyone is enough to make you pissed off. Whether you intend to pay it back or not.

What`s your problem?

For starters, no one made anyone take a loan out. Kind of sucks to have to be a responsible adult and pay back what you borrowed huh?

Past that, dunno what your issue is with me, but you`re outta line pal. Responsible, reasonable, ADULTS, pay back what they owe, pissed off or not.

So no, don`t think I`ll stuff it, but thanks for the thought.

Royal-1 · 06-23-2008

Back on TOPIC!

Check out Survival Blog for today Monday June 23 2008.

Two good reads:
Two Trillion Dollar Reduction In Credit Card Lines Coming Up

Tomorrow's Headlines? -- A Nationwide Banking Panic

longbow · 07-08-2008

Hey just an update on the credit card issue

Brother says it continues to get worse and it will effect xmas shopping.

He stated rising fuel and food prices have them panicing. This is unsecured debt

The days of easy credit will come crashing down very soon....He also explained to me, many overseas investors purchase "lots" of credit debt as a means of higher yield investments.

Justus · 07-10-2008

Quote:

Originally Posted by longbow

The days of easy credit will come crashing down very soon....He also explained to me, many overseas investors purchase "lots" of credit debt as a means of higher yield investments.

That seems to be the general consensus.

I turned my card balances over to a mediator after the rates
went way up for no reason. They locked in the rates at around 9%.
The companies that I had the cards with changed hands several times
and took my low interest rates up into the +20% range.

I now have no cards and will never have another.

05-25-2008	#16 (permalink)
W9ZEB BOFH Join Date: Mar 2008 Location: GCC(GCM) d- s: a C+++ UB+++$ P+ L+++$ E--- W++ N+ o-- K- w O- M+$ V-- PS+ PE Y+ PGP t 5? X? R tv+ b+ Posts: 2,468	Hunter480, Stuff it. Owing $75,000 to anyone is enough to make you pissed off. Whether you intend to pay it back or not. __________________ "Yesterday is history, tomorrow is mystery, and today is a gift; that's why they call it the present." Guns, Unix, and Ham Radio: W9ZEB Dot Org

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06-23-2008	#18 (permalink)
Royal-1 Plinker Join Date: Apr 2008 Location: Noblesville Posts: 76	Back on TOPIC! Check out Survival Blog for today Monday June 23 2008. Two good reads: Two Trillion Dollar Reduction In Credit Card Lines Coming Up Tomorrow's Headlines? -- A Nationwide Banking Panic

07-08-2008	#19 (permalink)
longbow Just squeaking along Join Date: Apr 2008 Location: south central IN Posts: 84	Hey just an update on the credit card issue Brother says it continues to get worse and it will effect xmas shopping. He stated rising fuel and food prices have them panicing. This is unsecured debt The days of easy credit will come crashing down very soon....He also explained to me, many overseas investors purchase "lots" of credit debt as a means of higher yield investments.