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Regular Contributor
mkm77
Posts: 147
Registered: ‎08-25-2010
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Re: Chase Has Got ALOOOOOTTTTTA Data

Navigatethis12... The whole never forgive or forget thing can come back and haunt you too. It's a shame that money comes between so many people but it would be hard to be real friendly around someone that devalues your friendship enough to leave you hanging.
Established Contributor
2NE1
Posts: 999
Registered: ‎12-06-2011
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Re: Chase Has Got ALOOOOOTTTTTA Data


aussiesareforever:

Preamble: This does not apply to credit card companies since they exist to make money.

 

Life is a lot more than money. Forgiving and forgetting leads to a longer and more satisfying life

 

My 2 cents


Agreed.


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bribro
Posts: 1,367
Registered: ‎04-20-2012
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Re: Chase Has Got ALOOOOOTTTTTA Data

Wow, I guess some people just can't help but take things personally. It's not about judging; it's about the ridiculousness of "hating" a lender because they don't want to voluntarily extend credit to you after you *defaulted* on them. Those charge-offs will fall off your credit report eventually, at which point obtaining credit from lenders  (especially the ones you didn't screw over) becomes much, much easier. That's how the system work. If you don't like it, pay for everything in cash and shut up.

 

I'm flattered that some people on this forum think I'm "perfect," but I'm not. I will, however, take responsibility for my actions (no matter the circumstances) and not cry about it on a forum and "hate" on companies because they won't do something they have absolutely no obligation to do.

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CreditScholar
Posts: 2,300
Registered: ‎01-22-2012
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Re: Chase Has Got ALOOOOOTTTTTA Data


bribro wrote:

Wow, I guess some people just can't help but take things personally. It's not about judging; it's about the ridiculousness of "hating" a lender because they don't want to voluntarily extend credit to you after you *defaulted* on them. Those charge-offs will fall off your credit report eventually, at which point obtaining credit from lenders  (especially the ones you didn't screw over) becomes much, much easier. That's how the system work. If you don't like it, pay for everything in cash and shut up.

 

I'm flattered that some people on this forum think I'm "perfect," but I'm not. I will, however, take responsibility for my actions (no matter the circumstances) and not cry about it on a forum and "hate" on companies because they won't do something they have absolutely no obligation to do.


+1
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rootpooty
Posts: 1,757
Registered: ‎10-28-2011
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Re: Chase Has Got ALOOOOOTTTTTA Data


CreditScholar wrote:

bribro wrote:

Wow, I guess some people just can't help but take things personally. It's not about judging; it's about the ridiculousness of "hating" a lender because they don't want to voluntarily extend credit to you after you *defaulted* on them. Those charge-offs will fall off your credit report eventually, at which point obtaining credit from lenders  (especially the ones you didn't screw over) becomes much, much easier. That's how the system work. If you don't like it, pay for everything in cash and shut up.

 

I'm flattered that some people on this forum think I'm "perfect," but I'm not. I will, however, take responsibility for my actions (no matter the circumstances) and not cry about it on a forum and "hate" on companies because they won't do something they have absolutely no obligation to do.


+1

+2! 

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mkm77
Posts: 147
Registered: ‎08-25-2010
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Re: Chase Has Got ALOOOOOTTTTTA Data

People are far too entitled now a days. No one owes you a credit card. If you screwed whoever for WHATEVER reason there are still repercussions to that. In the Mortgage business where I work, every single day someone will whine and cry because an underwriter wants some clarification over something. Their attitude is "How dare they ask me for that!" over a half million dollar loan....Apparently it's the borrowers right in the Bill of Rights to borrow money on THEIR TERMS. Now don't get me wrong...I do think after time it would be cool to get another chance but that's entirely up to the lender.Its a privlege to borrow money not a right!
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CreditCrusader
Posts: 799
Registered: ‎09-27-2011
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Re: Chase Has Got ALOOOOOTTTTTA Data


CreditScholar wrote:

CreditCrusader wrote:

bribro wrote:

learnin113 wrote:

john398 wrote:

bribro wrote:

You screwed them over, and now you hate them because they don't want to do business with you? It's not like they have to extend credit to you.



Wait, how did he screw them over? The OP said he paid the balanes when he sold his house after losing his job

 

Bad things happen to good people but he did not screw anyone over in my view


I believe it was actually a threadjack and Mr. Perfect was busy judging me...heehee


Not really judging, I just find it fascinating when people default on their debts/obligations and then get mad at the other party. Carry on.


Make sure you keep that self-righteous card handy should poor circumstances beyond your control (i.e. medical expenses your insurance company refuses to pay, loss of job, etc.) ruin YOUR ability to maintain pristine credit.

 

I similarly find it fascinating how quick some are to judge. Take caution that you don't prematurely discount someone else's sentiments...they may be your own someday.

 

Just sayin...


No bibro is right here. Why would someone find it surprising to be refused credit with a previous charge off? That's like saying if I borrowed money from you and didn't pay you back, I shouldn't be surprised if you dont loan money to me again the next time I ask. It's a perfectly legitimate point.

No, it's a perfectly snotty and condescending point...at least that's how it came off to me. We disagree on this, CreditScholar.

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Koop10010
Posts: 731
Registered: ‎02-15-2012
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Re: Chase Has Got ALOOOOOTTTTTA Data


rootpooty wrote:

CreditScholar wrote:

bribro wrote:

Wow, I guess some people just can't help but take things personally. It's not about judging; it's about the ridiculousness of "hating" a lender because they don't want to voluntarily extend credit to you after you *defaulted* on them. Those charge-offs will fall off your credit report eventually, at which point obtaining credit from lenders  (especially the ones you didn't screw over) becomes much, much easier. That's how the system work. If you don't like it, pay for everything in cash and shut up.

 

I'm flattered that some people on this forum think I'm "perfect," but I'm not. I will, however, take responsibility for my actions (no matter the circumstances) and not cry about it on a forum and "hate" on companies because they won't do something they have absolutely no obligation to do.


+1

+2! 


+3!

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Established Contributor
CreditCrusader
Posts: 799
Registered: ‎09-27-2011
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Re: Chase Has Got ALOOOOOTTTTTA Data


mkm77 wrote:
People are far too entitled now a days. No one owes you a credit card. If you screwed whoever for WHATEVER reason there are still repercussions to that. In the Mortgage business where I work, every single day someone will whine and cry because an underwriter wants some clarification over something. Their attitude is "How dare they ask me for that!" over a half million dollar loan....Apparently it's the borrowers right in the Bill of Rights to borrow money on THEIR TERMS. Now don't get me wrong...I do think after time it would be cool to get another chance but that's entirely up to the lender.Its a privlege to borrow money not a right!

One could easily turn that around that say that it is a privilege for a credit card company to even be in business, not a right.

 

The point isn't that a credit card company has the RIGHT to deny you if you left them hanging on a balance. Heck, a CCC has a right to deny you for any reason they can dream up. The point is, don't be so quick to judge because you don't know the circumstances behind someone's poor fortune.

 

And before someone chirps in...yes, it DOES matter how someone came to fall on hard times. If someone simply charged up a ton of debt and left it behind because they didn't want to pay, that person has earned his/her bad fortune. If someone is laid off making six figures for years on end and the only available job is a low-paying service-sector job, the choice for that person may be feeding his kids and paying the credit card. If someone is left holding the bag by a health insurance provider, that person pays the price or gets sued until the end of time.

 

The point here is it is perfectly OK to have negative feelings toward a company that profits off you for years...then drops you like a bad habit when circumstances beyond your control force you to make tough choices. Making sweeping generalizations is foolish and ignorant, IMO.

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Valued Contributor
navigatethis12
Posts: 1,930
Registered: ‎01-24-2012
0

Re: Chase Has Got ALOOOOOTTTTTA Data


aussiesareforever wrote:


Preamble: This does not apply to credit card companies since they exist to make money.

 

Life is a lot more than money. Forgiving and forgetting leads to a longer and more satisfying life

 

My 2 cents



Exisisting to make money or not, the debt was still not paid.

 


CreditCrusader wrote:

If someone is laid off making six figures for years on end and the only available job is a low-paying service-sector job, the choice for that person may be feeding his kids and paying the credit card.

 

The point here is it is perfectly OK to have negative feelings toward a company that profits off you for years...then drops you like a bad habit when circumstances beyond your control force you to make tough choices. Making sweeping generalizations is foolish and ignorant, IMO.



I see something very wrong with that scenario. If you are making six figures for years and just because you lose your job you can not afford anything, you are doing it wrong. Everyone should save at least a little bit. Living within your means also solves this type of problem.

 

Unless you are paying interest the company is not making money off of you directly. Even if they made $1000 in swipe fees, if you leave them with a $7000 loss that obviously wipes out the profit. Lots of stories on here talk about people now making a good amount of money and not paying off the debt. Even though it is not on your report does not mean it has dissapeared. The account may have been charged off or included in a bankruptcy, but an attempt could still be made to pay the company back.


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