• 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
Rebekah 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
Rebekah 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

Chuck Drennen posted a discussion

Calling All Sculptures and Artists

Okay I would like to sculpt a model of this sculpture because I cant find one online within my price range. I consider myself to have bit of artistic ability and have always admired the Aztec/ Mesoamerican culture. And suggestions on how to go about sculpting this or even what kind of clay to purchase would be greatly appreciated. Here is a link with some photos of the statue …See More
16 minutes ago
Brett McKay left a comment for Nikita Borisov
"That would be fine Nikita."
18 minutes ago
Profile IconAndrew Bibbins, James Marshall Possin and Chuck Drennen joined Art of Manliness
30 minutes ago
Jack Bauer replied to Josh Williams's discussion I touched her butt.
"Sleep with one eye open. JB"
43 minutes ago
Daniel Rodriguez joined Mark's group
Thumbnail

Spaceflight Fanatics

Calling all space cadets, rocket men, and pioneers on the final frontier! Discuss NASA, ESA, JAXA, Military spaceflight, commercial spaceflight, and private spaceflight. Any and all spaceflight discussion here, past, current, and future!
1 hour ago
Daniel Rodriguez replied to Josh Williams's discussion I touched her butt.
"Unless he is into guys, then all 7 billion of this species can be his...or...you know."
1 hour ago
Regular Joe replied to Tom Ellis's discussion Girlfriends lies and temper
"Ask yourself if you can live with the lies and tantrums for the rest of your life. Ask yourself if you want her passing on those behaviours to your kids. Ask yourself if you can live in a house where you wife and all your kids are constantly lying…"
1 hour ago
Bobby G Mullen replied to Bobby G Mullen's discussion Stoicism in the group Philosophers
"Check. Is there any way you can give me a passage or quote that backs up your claims, as I have done above? I see Epictetus talking about God all over the place but I am not reading what you are reading, obviously."
2 hours ago

© 2014   Created by Brett McKay.   Powered by

Badges  |  Report an Issue  |  Terms of Service