Quantcast
Chase debt forgiveness on credit cards. - Page 2 - Beyond.ca - Car Forums
Page 2 of 2 FirstFirst 1 2
Results 21 to 31 of 31

Thread: Chase debt forgiveness on credit cards.

  1. #21
    Join Date
    Jan 2008
    Location
    calgary
    Posts
    2,028
    Rep Power
    96

    Default

    Quote Originally Posted by rage2 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Why would he continue to make massive payments instead of getting his child support payments recalculated? It’s not like there isn’t an easily defined process that you can google up in 5 seconds to do such a thing.
    My understanding, he has tried and is continuing to

  2. #22
    Join Date
    Mar 2009
    Location
    Calgary
    My Ride
    Silverado
    Posts
    3,090
    Rep Power
    47

    Default

    I think it's based off the previous years income? Spikers I think has shed some light on the topic

  3. #23
    Join Date
    Apr 2009
    Location
    Nowhere
    Posts
    6,852
    Rep Power
    26

    Default

    ...
    Last edited by Sugarphreak; 08-18-2019 at 05:34 PM.

  4. #24
    Join Date
    Apr 2004
    Location
    Calgary
    Posts
    2,093
    Rep Power
    43

    Default

    Wow, nice little bonus for those people. Unlike all you bitter assholes i'm actually happy for them lol, they could definitely use the money if they've been carrying a balance that long.

  5. #25
    Join Date
    Jan 2008
    Location
    Upstairs
    My Ride
    Natural Gas.
    Posts
    13,332
    Rep Power
    100

    Default

    Quote Originally Posted by sabad66 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Wow, nice little bonus for those people. Unlike all you bitter assholes i'm actually happy for them lol, they could definitely use the money if they've been carrying a balance that long.
    Yeah, it's a good thing, and for these folks, it has the chance of helping them get their finances in order.
    Quote Originally Posted by killramos View Post
    This quote is hidden because you are ignoring this member. Show Quote
    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  6. #26
    Join Date
    Sep 2012
    Location
    Calgary, AB
    Posts
    1,636
    Rep Power
    85

    Default

    Quote Originally Posted by rage2 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Why would he continue to make massive payments instead of getting his child support payments recalculated? It’s not like there isn’t an easily defined process that you can google up in 5 seconds to do such a thing.
    As the father, you're screwed. Especially if you make good money.

  7. #27
    Join Date
    Feb 2011
    Location
    Calgary, AB.
    Posts
    152
    Rep Power
    0

    Default

    Quote Originally Posted by Sugarphreak View Post
    This quote is hidden because you are ignoring this member. Show Quote
    No kidding... it has been a long time since that credit card was canned, it is crazy to think people out there still owe on it.
    Which is exactly why Chase cut their losses. These people were only pay the minimum and some still owed $6-7k which could take over 10 years to pay off by just paying the minimum. Ain't nobody got time for that!

  8. #28
    Join Date
    Aug 2003
    Location
    Medicine Hat, AB
    Posts
    2,009
    Rep Power
    26

    Default

    Quote Originally Posted by botox View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Which is exactly why Chase cut their losses. These people were only pay the minimum and some still owed $6-7k which could take over 10 years to pay off by just paying the minimum. Ain't nobody got time for that!
    They will make more writing off the losses than wasting time to find a buyer for the debts. These guys are in it to make money, not give to charity. There is something in it for them for sure to do this.

  9. #29
    Join Date
    Jul 2006
    Location
    The C
    Posts
    172
    Rep Power
    0

    Default

    Sounds great at first til you realize this is the equivalent to pardoning criminals. Nobody involved was doing great before and probably won't after. It's also similar to saying to a deadbeat friend you loaned money to just keep it.

  10. #30
    Join Date
    Feb 2006
    Location
    CEF4
    My Ride
    Ralli Machine
    Posts
    2,116
    Rep Power
    25

    Default

    Kind of kills me as I had this card, used it a lot, probably put $50k on it in the 3-4 years I had it. However I never once carried a balance so I should feel lucky but part of me feels a tad gypped I used the same card and don't get money back.
    Cos...

  11. #31
    Join Date
    Oct 2006
    Location
    Parked in Baygirl's garage.
    My Ride
    '21 F150 PowerBoost
    Posts
    4,592
    Rep Power
    29

    Default

    Quote Originally Posted by dirtsniffer View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I think it's based off the previous years income? Spikers I think has shed some light on the topic
    yeah, it gets based on your last year's income tax. so if you made good coin the year previous, you pay for the next year based on that amount. If you get laid off in February, you still have to pay the same amount until you file your next income tax, and then it can get adjusted. There is probably ways to get it recalculated somewhere in between, but I imagine the process to get there isn't a short, or cheap route.
    Boosted life tip #329
    Girlfriends cost money
    Turbos cost money
    Both make whining noises
    Make the smart choice.

    Originally posted by Mibz
    Always a fucking awful experience seeing spikers. Extra awful when he laps me.

Page 2 of 2 FirstFirst 1 2

Similar Threads

  1. Student Loan Forgiveness

    By NoPulp in forum Real Estate / Finance
    Replies: 19
    Latest Threads: 10-15-2015, 05:15 PM
  2. Loan Forgiveness

    By chathamf in forum Campus Chat
    Replies: 17
    Latest Threads: 11-05-2011, 09:33 AM
  3. Student loan debt higher than Credit card debt.

    By ZenOps in forum Society / Law / Current Events / Politics
    Replies: 54
    Latest Threads: 05-12-2011, 10:42 PM
  4. insurance - accident forgiveness

    By rob the knob in forum General Car/Bike Talk
    Replies: 8
    Latest Threads: 03-16-2010, 09:46 AM
  5. Gross Debt vs Total Debt Ratios for car lease/finance

    By redbeast in forum Real Estate / Finance
    Replies: 11
    Latest Threads: 11-08-2008, 11:59 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •