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09-23-2023, 12:55 PM
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#16
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Registered User
Join Date: Jan 2015
Location: Beaverdam Virginia
Posts: 12,770
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Quote:
Originally Posted by Tom
This extravagant spending has to stop/
No one needs 3 meals a day, and heat in your home. You can buy a blanket for 10 bucks, and why can't you walk 30 miles to work every day?
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Not everyone is in the peak physical condition of an NFL free safety like Joe Biden is.
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01-20-2024, 08:51 AM
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#17
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,737
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01-20-2024, 09:54 AM
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#18
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Registered User
Join Date: May 2011
Posts: 22,681
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Some of the credit card company losses could be from new cards that were given very low interest for a couple yrars at sign up. Bidenomics inflation bumped up the interest rates for everyone.
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01-20-2024, 11:28 AM
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#19
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Registered User
Join Date: Oct 2001
Posts: 46,884
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Quote:
Originally Posted by ReplayRandall
In what country is this "strong economy" you're referring to??
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It must be the one that has a national debt so large, we can't even wrap our minds around it. Nor will it ever be paid. But the Chinese financiers of that debt fret not, for they're holding excellent collateral in a land called the United States of Amerika.
__________________
Consistent profits can only be made on the basis of analysis that is far from obvious to the majority. - anonymous guru
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01-20-2024, 11:35 AM
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#20
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Registered User
Join Date: Oct 2001
Posts: 46,884
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Credit card debt is so bad that I experienced something last month for the time ever in my life with respect to credit cards. A card I hold with a very decent credit limit on it contacted me to tell me that because I haven't used their card for while, they were going to reduce my credit limit by 25% -- even though my credit score is excellent -- well over 800! I have never defaulted on a credit card payment or bank loan or mortgage payment in my entire life. I have to think they did this as a precautionary measure to minimize their risk exposure.
__________________
Consistent profits can only be made on the basis of analysis that is far from obvious to the majority. - anonymous guru
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01-20-2024, 01:27 PM
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#21
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Registered User
Join Date: Aug 2004
Location: Behind the Pine Curtain
Posts: 10,654
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Quote:
Originally Posted by boxcar
Credit card debt is so bad that I experienced something last month for the time ever in my life with respect to credit cards. A card I hold with a very decent credit limit on it contacted me to tell me that because I haven't used their card for while, they were going to reduce my credit limit by 25% -- even though my credit score is excellent -- well over 800! I have never defaulted on a credit card payment or bank loan or mortgage payment in my entire life. I have to think they did this as a precautionary measure to minimize their risk exposure.
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Same thing with me about 8 or 9 yrs ago. I didn't use my BOA credit card in over a year (credit score 800+) and was informed my credit would be limited if I didn't use it more. I guess it's common.
I use it once a month. Fill up the car
__________________
“We’re in a situation where we have put together, and you guys did it for our administration…President Obama’s administration before this. We have put together, I think, the most extensive and inclusive voter fraud organization in the history of American politics,” -Joe Biden
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01-20-2024, 01:38 PM
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#22
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Registered User
Join Date: Jan 2015
Location: Beaverdam Virginia
Posts: 12,770
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A trillion dollars is about $12,000 for every family of 4 in the USA, that is nuts.
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01-20-2024, 01:46 PM
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#23
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Registered User
Join Date: Jun 2015
Posts: 175
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just cancel all the cc debt like this moron did with the hand picked student loan forgiveness. country is such a joke and run by such losers let's just go all in. f anyone who is actually responsible.
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01-20-2024, 04:28 PM
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#24
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Registered User
Join Date: Oct 2001
Posts: 46,884
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Quote:
Originally Posted by ElKabong
Same thing with me about 8 or 9 yrs ago. I didn't use my BOA credit card in over a year (credit score 800+) and was informed my credit would be limited if I didn't use it more. I guess it's common.
I use it once a month. Fill up the car
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So, it's not exactly a new policy. Interesting. But when Citi contacted me, they didn't even give me a chance to repent of my erring ways <g>. They just reduced my limit.
__________________
Consistent profits can only be made on the basis of analysis that is far from obvious to the majority. - anonymous guru
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01-20-2024, 05:21 PM
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#25
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Registered User
Join Date: May 2008
Location: Nebraska
Posts: 15,127
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They are just moving that risk somewhere else, since you are not using it.
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01-20-2024, 08:45 PM
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#26
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,844
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Quote:
Originally Posted by ElKabong
Same thing with me about 8 or 9 yrs ago. I didn't use my BOA credit card in over a year (credit score 800+) and was informed my credit would be limited if I didn't use it more. I guess it's common.
I use it once a month. Fill up the car
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Had same thing happen with me. I had to remember to use it sometimes too
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01-20-2024, 09:00 PM
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#27
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Registered User
Join Date: May 2011
Posts: 22,681
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Quote:
Originally Posted by boxcar
It must be the one that has a national debt so large, we can't even wrap our minds around it. Nor will it ever be paid. But the Chinese financiers of that debt fret not, for they're holding excellent collateral in a land called the United States of Amerika.
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China used to be a larger percentage holder near $1 Trillion. They have been lowering their holdings as our debt has multiplied. Japan is a larger holder. This is an interesting article and video clip from a couple months back, when debt was only $34 Trillion (now over $36).
https://san.com/cc/the-us-breached-3...ns-every-dime/
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