• Blog Posts
  • Discussions (3)
  • Groups
  • Photos
  • Photo Albums
  • Videos

Thomas James's Friends

  • John

Thomas James's Discussions

Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?

Started this discussion. Last reply by Shane Apr 28. 123 Replies

I am going start with the disclaimer: Yes I realize the mistakes I have made to get to this point.As a results of a departure from a job and lifestyle I did not enjoy, and things "not going as well…Continue

Tags: Credit Card, Settlement, Debt, Credit

 

Thomas James's Page

Latest Activity

John C. replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"I once knew a beautiful girl until a 4x8 sheet of plywood fell from a construction site and it killed her. I suppose it was her fault for not looking up and taking evasive action. Of course you should always look for oncoming traffic, but It's…"
Apr 28
Jack Bauer replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"It'd be smarter to look for oncoming cars and save your legs the trouble. JB"
Apr 28
John C. replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"I agree that you can't get hit if you're not in the road, but sometimes you need to be there. You might expect to make it to the other side if you have a green light, but you can still get hit by a bus. I get that. But if I lost my legs…"
Apr 28
John C. replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"Then you agree with me that you can get hit even though you're doing things right, so I don't understand your comment. Maybe you apologized for being in the way of the cars the way Cheney's friend who got shot in the face had to do,…"
Apr 28
Penelope replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"The financial calculus is as easy or simple as one wants to make it, like all investing calculus.  Personally, I stop at the level where mortgage+HOA fees are so much higher than rent, the mortgage interest deduction can't make up the…"
Apr 28
John Muir replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"Yeah, it's a dificult calculus, with more than a bit of witchcraft/tea leave reading in it. 20% down is a nice rule in a TYPICAL housing market, but the arc and trajectory of real estate values, buyer income, and buyer debt have to be factored…"
Apr 28
Penelope replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"Blame ordinary borrowers if you like, just don't moralize about home ownership in the same breath.  When a 20% down payment is two times the region's median annual income, you'll take as long to save up for a down payment as…"
Apr 28
John C. replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"The crisis timeline goes back more than half a century to the creation of Fannie Mae which also created the first mortgage backed securities in 1970. The history clearly shows that the banking and investment firms worked in collusion with the…"
Apr 27
John Muir replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"Nobody bats a thousand. Besides, you probably had sex with the customs agent at passport control"
Apr 27
John Muir replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"Implies a certain sensibility, doesn't it? "
Apr 27
John Muir replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"+1 We could learn from Canadian banking regulations"
Apr 27
Native Son replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"IMHO, one proximate cause of the early 21st Century Great Recession is exactly the same as the cause of the 20th Century Great Depression.  Namely commercial and investment banking were commingled.  In the 1920s commercial banks got…"
Apr 27
John C. replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"Yes, I agree that there is plenty of blame on all sides, but the banksters did far more than just bundle some bad debt with the good to balance their portfolios. The term predatory lending has a real basis. Borrowers, qualified or not, were sought…"
Apr 26
Jack Bauer replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"And, underqualified borrowers petitioned the government for the right to buy houses they couldn't afford on loans nobody could justify giving them.  So, they bought politicians during the same era with the populist siren song of getting…"
Apr 26
John C. replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"Cute, but not helpful if you need to cross the road."
Apr 26
John C. replied to Thomas James's discussion Paying off a large credit card debt vs. settlement? Are there pros? How bad are the cons?
"Banks figured out a way to multiply a bad debt into 40 times its value by selling derivatives like credit default swaps so they did everything they could to encourage and facilitate these loans. They petitioned the government for the right to do…"
Apr 26

Profile Information

Interests
Nature, True Fitness - not just lifting heavy weight and big muscle, photography, fly fishing, beer, cigars, business and finance, Pearl Jam.
Quote
"Do, or do not. There is no try"

Comment Wall (1 comment)

You need to be a member of Art of Manliness to add comments!

Join Art of Manliness

At 8:11am on September 18, 2013, john yoofi said…

Good Day,

How is everything with you, I picked interest on you after going through your short profile and deemed it necessary to write you immediately. I have something very vital to disclose to you, but I found it difficult to express myself here, since it's a public site.Could you please get back to me on:( johnyoofi12@yahoo.com.hk ) for the full details.

Have a nice day

Thanks God bless.

Mr.John.

 
 
 

Latest Activity

Shane replied to Vytautas's discussion What Do We Learn From History?
"You know, I did invite you over. You gonna RSVP or what?"
12 minutes ago
Shane replied to Regular Joe's discussion How To Spot An AoM Noob
"No. I am."
22 minutes ago
Shane replied to Vytautas's discussion What Do We Learn From History?
"Fiction is more fun than what ever you have going on."
24 minutes ago
Shane replied to Vytautas's discussion What Do We Learn From History?
"It's all artificial. All this falls under arts, not sciences. It's just that everything you asked about is studied in anthro, but not necessarily history."
29 minutes ago
Pale Horse replied to Pale Horse's discussion Is __ Manly?
"I don't know, let me apply for TESTOSTERONE with a private profile and ask those guys, or start a foot fetish discussion in "Introductions" and rage at anyone who disagrees with my inane and misandrist opinion."
48 minutes ago
Rusty Rogers replied to Vytautas's discussion What Do We Learn From History?
"PH: reminds me of the three kids bragging. Kid 1 says, "My dad's so smart that he knows the fastest routes in town. He gets off work at 5, and gets home at 5:30. Kid2, "MY dad races cars. HE gets off at 5 and home at 5:10.  Kid3,…"
50 minutes ago
Tim Dienes commented on Andrew's group Men with Beards
"I enjoy not drawing a line at all and letting it grow fully down into my neck. I like the way it feels and looks. I do trim it to 1/2 or 3/4 inch at most."
56 minutes ago
Rusty Rogers replied to Pale Horse's discussion Is __ Manly?
"Why, do you have a foot fetish thats enhanced by socks?"
58 minutes ago

© 2014   Created by Brett McKay.   Powered by

Badges  |  Report an Issue  |  Terms of Service