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Rebuilders, be careful on this thread

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Existentialist
Frequent Contributor

Re: Rebuilders, be careful on this thread


@jamie123 wrote:

@Momof5 wrote:

Existentialist wrote:

Pardon my indulgence once more OP (a few final thoughts to share)

 

But first... (targeted response)


I cant really concern myself with what one 'chooses' to believe while making off-handed remarks on unrelated posts - what I know is this...


@Anonymous it possible to be addicted to app'ing for credit? Well, clearly 'anything' is possible... but nonetheless whether one chooses to acknowledge or agree with my assessment matters not - as the possibility of such is still.... remote @ best (given that the threshold in meeting the burden of proof goes beyond the simple 'act' of excessive app'ing - so that the ? then becomes how else does one truly discern 'addiction'?).

 

Engaging in linear type thinking can often impair objectivity. 


Just bcuz someone SAYS they are addicted doesnt mean that they are. And just bcuz someone THINKS they may be, also doesnt mean that they are.


*And for that matter, sorry to inform but Google... isnt always accurate - try Googling the Civil War for instance, as some still believe that war was predicated on states rights.... so if one is more inclined to believe what they 'choose' to, well.... U follow where this is going*


I'll reiterate what I stated in my previous thread: ppl tend to throw out terms without considering the implications or appropriate applications thereof. And again, I know addictive behaviors. Unless anyone is willing to engage in a discussion interpreting the underlying causes of such, I wont be entertaining generalized speculation (or off-handed comments) to the contrary.

 

However lets say for the sake of argument that every person herein who stated they were addicted, actually was (as unlikely as that is mind U) - how would that in any way negate or diminish the general idea put forth which was..... this isnt the forum to resolve addictions? Attempting to discredit one (minor) point doesnt detract from the signature theme that was being promulgated (ergo: linear thinking).

 

If one believes otherwise (and they are certainly entitled to do so) then I'm fine agreeing to disagree esp. since I've previously laid out the foundation for MY reasoning and as such find little purpose in revisiting the point. I can respect well reasoned opposing points of view when presented logically but not blind slights proffered in unrelated posts - thanx anyway.


And honestly.... the acknowledgement of a 'genuine' app-addiction would merely strengthen my position - not weaken it.

 

I believe the majority herein have legitimate concerns and are forthcoming in their desire for improving their understanding of the credit game. However occassionally.....


There are those claiming to be addicted or those supposedly seeking advice for nonexistent problems, those of ill-will seeking to manipulate the system and subsequently undermine (or attempt to) the integrity of the forum under the guise of establishing better credit, and other disingenuous reasons....

 

That said, please consider this: If help is what one is truly committed to extending to others herein; exactly how is that possible if there is never any thought given n2 determining the veracity of someone's situation?


No response required - merely food for thought.


Moving on.


For the benefit of us aging folks, would you please post in a larger font?  Your posts are extremely difficult to read for the age-enhanced visually impaired.  Thanks!  Smiley Happy


I think that Existentialist is an optometrist and he is trying to drum up business to pay his credit card debt off! I mean really, he made my eyes bleed!


Hey, what can I say? I'm looking out for the general masses. It is what it is (LOL).

Message 11 of 15
Anonymous
Not applicable

Re: Rebuilders, be careful on this thread

Having been on this site for awhile now, I wish they would replace the term "addict" with the term "addict-like"

Message 12 of 15
Anonymous
Not applicable

Re: Rebuilders, be careful on this thread

I'd like to chime in here.  I have often referred to my relationship to credit cards as an "addiction," since I correlate it to my true addiction to gambling and my dysfunctional relationship with money.  I agree that my use of the term as it relates to applying for credit cards may be ill-defined.  As I look back on the past 8 months since I found this forum I have not accrued any more debt, have the exact same amount of 6 credit cards (4 new, 4 canceled), more than tripled my available line, received over $500 in rebates as a result of using the cards, and just placed an opt-out on receiving any more mail offers.  I'm also a 21-year dry alcoholic who stays away from bars and drinking, even after all these years.   I'm coming up on a year from gambling in a bet-heavy state (Oregon), second only to Nevada in terms of gambling behavior.  I did enter treatment for that last year.  But for credit card activity?  Yes, I spent many hours with my therapist on this very topic.  During the height of my gambling I used credit cards for cash advances to play slot machines.  I nearly gambled a  house away by using a $125,000 home equity line of credit to buy gold, sell it immediately and bet with the proceeds of the sale.  I have spent compulsively and have been late 46 times on payments, none since September 2013.  At times I stopped paying completely, even when I had the money.  The VA appointed a trustee to handle my funds and she never paid on time, later she was indicted for fraud and a case is still pending against her.  She did settle some of my accounts for much less than what I owed ($9500 settlement on a card with a $38000 balance back in 2010, for example).  So, my issues with money are complex and go beyond the scope of a simple affinity for credit cards.  I am severely bipolar, 54 and live a very sad lonely life. I am entertained by this forum as I follow other people's relationships with money and the credit world. In a way, it keeps me connected as I sit alone in a two-room apartment, forced to live here because of the debt I must pay and my own psychiatric condition.  I can afford all this because I have a sizable disability pension from the VA and Social Security (50K).  I read the bloomberg.com website and the Wall Street Journal to get news of the world.  Yes, I know what is going on with interest rates and Greece and international terrorism and war.  I'm a vet on disability, I am connected though I live alone.

 

Despite all this, I sit here with my 680 credit score and nice credit cards that some of you have:  an AMEX everyday with a $15K opening CL that I got in May to buy my mother's teeth.  Now we are not on speaking terms but that is not appropriate for this forum.  I received a $10K NFCU cash rewards card in January as a result of my military service and advice by someone here named creditaddict (how appropriate, eh?).  The card that started this all was a December preapproval for a CSP that led me here.  I explored this card for a month before successfully applying in January.  Is this addictive behavior?  Well, it ended when I got a somewhat deceptive Discover mailer in June.  The offer was denied, my credit was pulled, and I received a counteroffer for lousy terms.  I took the card that I didn't need and signed the opt-out clause on line.  I used to look forward to all those mailers but applied for only 2 of them (CSP and Discover).  The Discover fiasco was "It" for me, a "bottom" if you will borrowed from the 12-step world.  My current credit card balance is $430 (2% utilization).  My home equity debt is $113,000.  I try to stick to a $40/day budget and pay off my cards as soon as I use them to get my little cash back (1-5%) or MR points on the everday card (my 10K points bonus was applied as soon as I hit the 1K spend).  Maybe I'll use it for a $100 credit on a trip someday or something else.  Usually all my accounts report 0 balances which hurts my score, I guess, but after what I have done, does it really make much difference?  The important thing is to stay disciplined and get my pennies back on meals and trips and stuff.  That's why I use the cards.  Use them for emergencies, not slot machines and gold coins.

 

To sum up, I agree that just because folks have lots of cards and stuff by no means they are addicted.  Maybe they just like having stuff or the option to get stuff.  Isn't that the American way?  For me, I never really wanted anything.  When I had money, I gave it away or bought expensive things I didn't need.  When people hurt me, I gambled, and credit cards and a home equity line of credit fueled the fire.  That is MY story and I don't wish to project this addiction issue on anyone here.  I have learned a lot and am glad that folks talked about this issue.  Take care.

Message 13 of 15
Anonymous
Not applicable

Re: Rebuilders, be careful on this thread

Well stated, my friend.

Message 14 of 15
Anonymous
Not applicable

Re: Rebuilders, be careful on this thread

Press and Hold CTRL on your keyboard and use the mouse scroll button up or down to resize font.....mind blown eh?

Message 15 of 15
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