How many of your are in $10,000+ credit card debt?

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  • mx8829
    Confirmed User
    • Jan 2005
    • 891
    #1

    How many of your are in $10,000+ credit card debt?

    How many of are you in $10,000+ credit card debt and only paying monthly minimum ?

    working on something want to know if there will be enough interest .. cast your yes no vote on this thread.
    contact jambojack at gmail
    Tags: None
    • L-Pink
      working on my tan
      • Mar 2005
      • 39151
      #2
      Nope. I have two debit cards with high daily limits. Works great for me.

        Comment

        • DefaultMan
          Confirmed User
          • Nov 2006
          • 1869
          #3
          Not me. My shit's under control.
          mypornolife [at] gmail [dot] com

            Comment

            • Sosa
              In Tushy Land
              • Oct 2002
              • 40149
              #4
              jebus, no fucking way. There has been one time in my life where I didn't pay of a card that during that months statement. That one time it was paid off the next time. Fuck those high rates.

                Comment

                • Sly
                  Let's do some business!
                  • Sep 2004
                  • 31379
                  #5
                  People don't really like to admit they are bad with money.

                  Why don't you share your idea and then everyone can tell you if they think it would help out their "friends". :-)
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                    • L-Pink
                      working on my tan
                      • Mar 2005
                      • 39151
                      #6
                      Originally posted by Sly
                      People don't really like to admit they are bad with money.

                      Why don't you share your idea and then everyone can tell you if they think it would help out their "friends". :-)
                      good advise

                        Comment

                        • x-rate
                          Confirmed User
                          • Jun 2008
                          • 725
                          #7
                          I only use my credit card to get points... I pay it off every month and often before I get the bill.
                          Have quality traffic? Make money with Crakrevenue
                          Email: misterxmtl @ hotmail.com
                          Skype: misterxmtl

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                            • qxm
                              Confirmed User
                              • Jul 2006
                              • 5970
                              #8
                              no problem here ... only owe ~800 to collection agencies

                              </lol>

                              ICQ: 266990876

                                Comment

                                • Corleone
                                  C.R.E.A.M
                                  • Apr 2003
                                  • 15262
                                  #9
                                  no debts at all

                                    Comment

                                    • AlienQ - BANNED FOR LIFE
                                      best designer on GFY
                                      • Mar 2003
                                      • 30307
                                      #10
                                      Zero Debt here. 1 Credit card at 9% with 34.00 bill due.

                                        Comment

                                        • shermo
                                          #11
                                          Debt free here. Had to pay off about $22k counting student loans, etc.... Did a 6 month budget and knocked it out.

                                          Now if I could only get my house to have some equity again...

                                            Comment

                                            • papill0n
                                              Unregistered Abuser
                                              • Oct 2007
                                              • 15547
                                              #12
                                              I have just the one card with no monies owing :D

                                                Comment

                                                • Zuzana Designs
                                                  All Your Design Needs
                                                  • Feb 2005
                                                  • 20908
                                                  #13
                                                  nope, none at all ..

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                                                    • Barefootsies
                                                      Choice is an Illusion
                                                      • Feb 2005
                                                      • 42635
                                                      #14
                                                      Originally posted by x-rate
                                                      I only use my credit card to get points... I pay it off every month and often before I get the bill.
                                                      Same here.
                                                      Should You Email Your Members?

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                                                      Enough Said.

                                                      "Would you rather live like a king for a year or like a prince forever?"

                                                        Comment

                                                        • StuartD
                                                          Sofa King Band
                                                          • Jul 2002
                                                          • 29903
                                                          #15
                                                          Some credit place called the other day with consolidation this and reconciling that.. and I cut him off and said "Other than my mortgage, I already am debt free." and he was totally speechless.

                                                          Kinda got me to thinking, he had probably never run into someone who didn't have a ton to pay in CC's and loans. It's that rare that they can pretty much write their schtick with confidence that it will simply apply to everyone.

                                                          It's a sad state of affairs.
                                                          This is me on facebook
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                                                            Comment

                                                            • 96ukssob
                                                              So Fucking Banananananas
                                                              • Mar 2003
                                                              • 12991
                                                              #16
                                                              I have a few credit cards, but the one with the highest balance has 0% for a few more months. Even before it hits that mark, it will be well paid off. Most of my debt is business startup costs and moving, not personal shopping sprees. id much rather be paying at 0% to a credit card company and having my money make a return (about 3% per month), then pay it off now.

                                                              i get a lot of offers to switch cards thru the bank, but the fine print reads i will loose the 0% nice try bank, i dont want your bonus points and free plane tickets i will never be able to use.

                                                              I know there are a LOT more people going into credit card debt now, probably more than before. most people have the thinking "things will get better and ill get a better job" but stuggle to make the minimum payment each month
                                                              Email: Clicky on Me

                                                                Comment

                                                                • woj
                                                                  <&(©¿©)&>
                                                                  • Jul 2002
                                                                  • 47880
                                                                  #17
                                                                  Let me guess, you want lend people $$ at 15% for people to pay off their cc debt?
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                                                                    • Barefootsies
                                                                      Choice is an Illusion
                                                                      • Feb 2005
                                                                      • 42635
                                                                      #18
                                                                      Originally posted by woj
                                                                      Let me guess, you want lend people $$ at 15% for people to pay off their cc debt?
                                                                      Should You Email Your Members?

                                                                      Link1 | Link2 | Link3

                                                                      Enough Said.

                                                                      "Would you rather live like a king for a year or like a prince forever?"

                                                                        Comment

                                                                        • clickyclick
                                                                          Confirmed User
                                                                          • Apr 2008
                                                                          • 159
                                                                          #19
                                                                          If u are in big debt go to http://suzeorman.com/ or watch her on MSNBC, she explains thing very nicely. Did u know u can have your cc collection agency reduce your debt? So it is possible you can just pay them say 2K and they'll write off your 10K debt. See the link I gave you if u are in debt.

                                                                          A friend of mine wrote off 37K debt for just 13K. He's buying me lunch everyday now for helping him

                                                                            Comment

                                                                            • Zorgman
                                                                              Confirmed User
                                                                              • Aug 2002
                                                                              • 6103
                                                                              #20
                                                                              I was in some serious debt when my ex-business partner got busted, but it's all cleared up now and im a free man.
                                                                              ---

                                                                                Comment

                                                                                • JaneB
                                                                                  #21
                                                                                  No. I have always been careful with credit cards and credit in general.

                                                                                    Comment

                                                                                    • 96ukssob
                                                                                      So Fucking Banananananas
                                                                                      • Mar 2003
                                                                                      • 12991
                                                                                      #22
                                                                                      Originally posted by clickyclick
                                                                                      If u are in big debt go to http://suzeorman.com/ or watch her on MSNBC, she explains thing very nicely. Did u know u can have your cc collection agency reduce your debt? So it is possible you can just pay them say 2K and they'll write off your 10K debt. See the link I gave you if u are in debt.

                                                                                      A friend of mine wrote off 37K debt for just 13K. He's buying me lunch everyday now for helping him
                                                                                      WOW! no wonder why this country is in such shit. why cant people pay their bills?

                                                                                      im sure its nicely noted on his credit history of the charge off, plus good luck ever getting a credit card with that bank again.
                                                                                      Email: Clicky on Me

                                                                                        Comment

                                                                                        • 96ukssob
                                                                                          So Fucking Banananananas
                                                                                          • Mar 2003
                                                                                          • 12991
                                                                                          #23
                                                                                          Originally posted by Zorgman
                                                                                          I was in some serious debt when my ex-business partner got busted, but it's all cleared up now and im a free man.
                                                                                          thats what im pretty much paying for right now. ive learned never to trust anyone with starting a business or lending money; regardless of friend or not.
                                                                                          Email: Clicky on Me

                                                                                            Comment

                                                                                            • clickyclick
                                                                                              Confirmed User
                                                                                              • Apr 2008
                                                                                              • 159
                                                                                              #24
                                                                                              Originally posted by bossku69
                                                                                              WOW! no wonder why this country is in such shit. why cant people pay their bills?

                                                                                              im sure its nicely noted on his credit history of the charge off, plus good luck ever getting a credit card with that bank again.
                                                                                              No man it doesn't show charge off in cc history. You probably need to read what's on the site too. You paid the cc company with a moneyorder as Suze say not to give your bank check. On that money order write something like "paid in full - all charge clear if this money order is cashed".

                                                                                              It won't work for everyone, it depends on your situation and how bad in debt you are in. If they think u will most likely file for bankrupt for example, they'll most likely take the money, because once you file for bankrupt it very very hard for them to come after you.

                                                                                                Comment

                                                                                                • Rochard
                                                                                                  Jägermeister Test Pilot
                                                                                                  • Dec 2001
                                                                                                  • 75764
                                                                                                  #25
                                                                                                  I haven't had a credit card since 1998 or so. Fuck that shit.

                                                                                                  I have a line of credit with Dell, but that's mostly for buying computers.
                                                                                                  Herschel Savage
                                                                                                  Brooklyn, NY

                                                                                                    Comment

                                                                                                    • 96ukssob
                                                                                                      So Fucking Banananananas
                                                                                                      • Mar 2003
                                                                                                      • 12991
                                                                                                      #26
                                                                                                      Originally posted by clickyclick
                                                                                                      No man it doesn't show charge off in cc history. You probably need to read what's on the site too. You paid the cc company with a moneyorder as Suze say not to give your bank check. On that money order write something like "paid in full - all charge clear if this money order is cashed".
                                                                                                      Yeah, but the debt would need to go into collections; hence it would have to go into a delinquent status with the original creditor first... thus reporting at 90+ days past due, if not "charge off" on your credit history. it would probably say "Paid" but you are still looking at a charge off/derogatory trade line - not worth it!

                                                                                                      Collection agencies, for the most part, are easy to get rid of, but getting the original creditor to be gone is difficult for most (if CC is < 3 years old).

                                                                                                      With the note on the money order, that is not legal. You can not denote a contract on a cashiers check or money order like that, it would never hold up in court. it would be the same as me writing "you have to wash my car for 5 years" on a $5 bill that you cash in at WalMart.

                                                                                                      Im not saying you are 100% wrong, and yes there are ways around things. I got into the legality of credit debt and collections a few years ago with a friend, but chose to take a different path since that is one tough and stressful market.

                                                                                                      Here is an easier plan, and you can walk away paying $0 for $100k in debt! just stop paying everything and walk away. change your phone number(s) and move and do not forward your address. do not apply for credit cards or a new job, cell phone or insurance for 7 years... 7 years later, you are 100% debt free and perfect credit
                                                                                                      Email: Clicky on Me

                                                                                                        Comment

                                                                                                        • Antonio
                                                                                                          Too lazy to set a custom title
                                                                                                          • Oct 2001
                                                                                                          • 14136
                                                                                                          #27
                                                                                                          no debt here either

                                                                                                            Comment

                                                                                                            • Zorgman
                                                                                                              Confirmed User
                                                                                                              • Aug 2002
                                                                                                              • 6103
                                                                                                              #28
                                                                                                              Originally posted by bossku69
                                                                                                              thats what im pretty much paying for right now. ive learned never to trust anyone with starting a business or lending money; regardless of friend or not.
                                                                                                              Yeah, Start everything yourself. If you need to have a partner, never have a bank account unless both partners have to sign to withdraw money. - My big mistake!
                                                                                                              ---

                                                                                                                Comment

                                                                                                                • mrwilson
                                                                                                                  mrwilson 2.0
                                                                                                                  • Jul 2007
                                                                                                                  • 5122
                                                                                                                  #29
                                                                                                                  hell no!
                                                                                                                  Who in their right mind would get that much in debt?
                                                                                                                  I think the most i was ever in debt was about 1k when i was a student but i made it priority to pay that shit off.

                                                                                                                    Comment

                                                                                                                    • StuartD
                                                                                                                      Sofa King Band
                                                                                                                      • Jul 2002
                                                                                                                      • 29903
                                                                                                                      #30
                                                                                                                      Originally posted by mrwilson
                                                                                                                      hell no!
                                                                                                                      Who in their right mind would get that much in debt?
                                                                                                                      Uhm.... most people?
                                                                                                                      I know everyone on GFY is perfect but the sad reality is that most people have a lot of debt.
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                                                                                                                        Comment

                                                                                                                        • After Shock Media
                                                                                                                          It's coming look busy
                                                                                                                          • Mar 2001
                                                                                                                          • 35299
                                                                                                                          #31
                                                                                                                          Originally posted by bossku69
                                                                                                                          With the note on the money order, that is not legal. You can not denote a contract on a cashiers check or money order like that, it would never hold up in court. it would be the same as me writing "you have to wash my car for 5 years" on a $5 bill that you cash in at WalMart.

                                                                                                                          Here is an easier plan, and you can walk away paying $0 for $100k in debt! just stop paying everything and walk away. change your phone number(s) and move and do not forward your address. do not apply for credit cards or a new job, cell phone or insurance for 7 years... 7 years later, you are 100% debt free and perfect credit
                                                                                                                          Accord in satisfaction - may want to look it up. Yes you can add a note to a check, money order, etc. and have it be legal if you do it right. They or anyone else can also just write paid under protest near where they sign it to void it. It also is held up in court all of the time.

                                                                                                                          As to your 7 year plan you would not come out with perfect credit. You would just have no derogatory credit in past 7 years, also no positive credit and forget about a credit history. That can and often is as bad as having a negative credit rating.

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                                                                                                                            Comment

                                                                                                                            • VicD
                                                                                                                              ICQ: 304-611-162
                                                                                                                              • Feb 2005
                                                                                                                              • 13245
                                                                                                                              #32
                                                                                                                              I have 2 creditcards, i always pay them on time, don't feel like paying almost 18% interest..

                                                                                                                                Comment

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