Quantcast
Chase debt forgiveness on credit cards. - Beyond.ca - Car Forums
Page 1 of 2 1 2 LastLast
Results 1 to 20 of 31

Thread: Chase debt forgiveness on credit cards.

  1. #1
    Join Date
    Jul 2008
    Location
    Pallet Town
    Posts
    485
    Rep Power
    0

    Default Chase debt forgiveness on credit cards.

    Greta the destroyer.

  2. #2
    Join Date
    Jul 2006
    Location
    Victoria Park
    My Ride
    '16 FoRS, '09 UZN215, '90 Z32, '15 Grom
    Posts
    3,411
    Rep Power
    18

    Default

    That's pretty amazing.
    I want to know what the biggest debt achieved was on these cards haha. Lucky person.

  3. #3
    Join Date
    May 2006
    Location
    calgary ab
    My Ride
    4x4
    Posts
    2,078
    Rep Power
    16

    Default

    Release of the latest data breach involving chase Canadian operations in 10...9...8..

  4. #4
    Join Date
    Apr 2009
    Location
    Calgary AB
    My Ride
    S2K
    Posts
    2,215
    Rep Power
    14

    Default

    Interesting. Unfortunately, I'd wager it'll make no difference to those people, they'll just overspend on another credit card and wind up in the exact same spot within weeks/months.

  5. #5
    Join Date
    Mar 2011
    Location
    Calgary
    Posts
    270
    Rep Power
    0

    Default

    Quote Originally Posted by cjblair View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Interesting. Unfortunately, I'd wager it'll make no difference to those people, they'll just overspend on another credit card and wind up in the exact same spot within weeks/months.
    "Free money! Lets go buy a new tv!!"

  6. #6
    Join Date
    Jan 2004
    Location
    Calgary, Alberta
    My Ride
    2016 MB C450
    Posts
    8,125
    Rep Power
    25

    Default

    Quote Originally Posted by cjblair View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Interesting. Unfortunately, I'd wager it'll make no difference to those people, they'll just overspend on another credit card and wind up in the exact same spot within weeks/months.
    Dude in that story owe $6K but paying it off at $300/mth.

    Definitely sucks at personal finance.

  7. #7
    Join Date
    Sep 2004
    Location
    Calgary
    My Ride
    2017 Civic Hatch ST
    Posts
    9,685
    Rep Power
    27

    Default

    Carrying a multi-thousand balance (or any balance) on a credit card is unimaginably stupid, let alone for 12+ months since that card has been discontinued. The few people who got "lucky" with that won't be too far ahead. In fact I bet they viewed it as a 'bonus' and went out and spent a bunch of money right away if they were already dumb enough to be willingly paying 20% interest.

  8. #8
    Join Date
    Jul 2006
    Location
    Victoria Park
    My Ride
    '16 FoRS, '09 UZN215, '90 Z32, '15 Grom
    Posts
    3,411
    Rep Power
    18

    Default

    Quote Originally Posted by Mitsu3000gt View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Carrying a multi-thousand balance (or any balance) on a credit card is unimaginably stupid, let alone for 12+ months since that card has been discontinued. The few people who got "lucky" with that won't be too far ahead. In fact I bet they viewed it as a 'bonus' and went out and spent a bunch of money right away if they were already dumb enough to be willingly paying 20% interest.
    Single mom: "Yeah, you tell that when you have 2 kids to raise on your own while working 3 jobs a week. Asshole."

    lol

  9. #9
    Join Date
    Sep 2012
    Location
    Calgary, AB
    Posts
    553
    Rep Power
    10

    Default

    Wow people really do float thousands of dollars on their CC.

  10. #10
    Join Date
    Sep 2004
    Location
    Calgary
    My Ride
    2017 Civic Hatch ST
    Posts
    9,685
    Rep Power
    27

    Default

    Quote Originally Posted by Disoblige View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Single mom: "Yeah, you tell that when you have 2 kids to raise on your own while working 3 jobs a week. Asshole."

    lol
    She could work only 2 jobs if she wasn't paying 20% interest on her CC debt

    Seriously though some friends of my GF were in this situation, they didn't even know what a line of credit was, or that banks hand them out like candy and they could be paying 6% instead of 20%. And a 10 second google search would have told them that. They went on to putting a lavish wedding on credit as well, so I think all hope is lost.

  11. #11
    Join Date
    Apr 2009
    Location
    Calgary AB
    My Ride
    S2K
    Posts
    2,215
    Rep Power
    14

    Default

    Quote Originally Posted by Mitsu3000gt View Post
    This quote is hidden because you are ignoring this member. Show Quote
    She could work only 2 jobs if she wasn't paying 20% interest on her CC debt
    Or one job if she could just keep it in her pants.

  12. #12
    Join Date
    Sep 2004
    Location
    Calgary
    My Ride
    2017 Civic Hatch ST
    Posts
    9,685
    Rep Power
    27

    Default

    Quote Originally Posted by cjblair View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Or one job if she could just keep it in her pants.
    Reminds me of another story - a company I used to work for used to sponsor families at Christmas, and we got to see their info sheets to decide if we wanted to donate. The one we got was a family of 5 or 6, mother was pregnant with another, and they were still asking for handouts (the entire wish list was 'luxury' items, not anything for child care). Not sure if it was a religious thing or what, but you can literally get condoms for free and not live in poverty depending on handouts while your 6 kids grow up in a dump. Boggles the mind.

  13. #13
    Join Date
    Jan 2008
    Location
    calgary
    Posts
    1,145
    Rep Power
    14

    Default

    Quote Originally Posted by Mitsu3000gt View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Reminds me of another story - a company I used to work for used to sponsor families at Christmas, and we got to see their info sheets to decide if we wanted to donate. The one we got was a family of 5 or 6, mother was pregnant with another, and they were still asking for handouts (the entire wish list was 'luxury' items, not anything for child care). Not sure if it was a religious thing or what, but you can literally get condoms for free and not live in poverty depending on handouts while your 6 kids grow up in a dump. Boggles the mind.
    Good buddy of mine got "baby trapped" by a woman who has 6 kids with 6 different men.

    Averages ~$2000/month in child support from each dude... He has tried multiple times to gain full custody (Very solid job, wife, 2 kids with new wife, both do very well) but the courts refuse to side with him for whatever reason... Whenever he gets his daughter from this woman she is usually dressed in rags and he spends copious amounts more to outfit her.

    Meanwhile this "baby momma" is driving an Escalade and has the best of the best.

    Fucked up.

  14. #14
    Join Date
    Jul 2006
    Location
    Victoria Park
    My Ride
    '16 FoRS, '09 UZN215, '90 Z32, '15 Grom
    Posts
    3,411
    Rep Power
    18

    Default

    Quote Originally Posted by vengie View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Good buddy of mine got "baby trapped" by a woman who has 6 kids with 6 different men.

    Averages ~$2000/month in child support from each dude... He has tried multiple times to gain full custody (Very solid job, wife, 2 kids with new wife, both do very well) but the courts refuse to side with him for whatever reason... Whenever he gets his daughter from this woman she is usually dressed in rags and he spends copious amounts more to outfit her.

    Meanwhile this "baby momma" is driving an Escalade and has the best of the best.

    Fucked up.
    ~$2,000/month average per person?!
    That sounds like each person makes an average of $230k/yr if the calculator I used on the Canada website is correct...

  15. #15
    Join Date
    Jan 2008
    Location
    calgary
    Posts
    1,145
    Rep Power
    14

    Default

    Quote Originally Posted by Disoblige View Post
    This quote is hidden because you are ignoring this member. Show Quote
    ~$2,000/month average per person?!
    That sounds like each person makes an average of $230k/yr if the calculator I used on the Canada website is correct...
    All service sector guys out of Red Deer.

    Although even with the downturn, the rates apparently haven't been adjusted

  16. #16
    Join Date
    Sep 2004
    Location
    Calgary
    My Ride
    2017 Civic Hatch ST
    Posts
    9,685
    Rep Power
    27

    Default

    Quote Originally Posted by vengie View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Good buddy of mine got "baby trapped" by a woman who has 6 kids with 6 different men.

    Averages ~$2000/month in child support from each dude... He has tried multiple times to gain full custody (Very solid job, wife, 2 kids with new wife, both do very well) but the courts refuse to side with him for whatever reason... Whenever he gets his daughter from this woman she is usually dressed in rags and he spends copious amounts more to outfit her.

    Meanwhile this "baby momma" is driving an Escalade and has the best of the best.

    Fucked up.
    That's nuts, but I guess she wins the game of life at the end of the day if she is getting $12K/mo without lifting a finger, especially if the fathers spend even more money on the kids when they visit (not that it's a good situation). I almost find those amounts hard to believe, but obviously I don't have all the details - maybe she just picked her "victims" well haha. And she's crazy fertile.

    Even more surprising is she found 6 different dudes willing to roll the dice without any kind of protection, and long enough to get pregnant each time, unless she tricked them all.

  17. #17
    Join Date
    Mar 2011
    Location
    Calgary
    Posts
    270
    Rep Power
    0

    Default

    Quote Originally Posted by vengie View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Good buddy of mine got "baby trapped" by a woman who has 6 kids with 6 different men.

    Averages ~$2000/month in child support from each dude... He has tried multiple times to gain full custody (Very solid job, wife, 2 kids with new wife, both do very well) but the courts refuse to side with him for whatever reason... Whenever he gets his daughter from this woman she is usually dressed in rags and he spends copious amounts more to outfit her.

    Meanwhile this "baby momma" is driving an Escalade and has the best of the best.

    Fucked up.
    I call shenanigans.

  18. #18
    Join Date
    Aug 2003
    Location
    Cochrane, AB
    Posts
    1,812
    Rep Power
    18

    Default

    Quote Originally Posted by Disoblige View Post
    This quote is hidden because you are ignoring this member. Show Quote
    ~$2,000/month average per person?!
    That sounds like each person makes an average of $230k/yr if the calculator I used on the Canada website is correct...
    Those are guidelines. Many things are considered when setting the amount of support by the judge. If you can please your case right, its easy to exceed them.

  19. #19
    Join Date
    Jan 2008
    Location
    calgary
    Posts
    1,145
    Rep Power
    14

    Default

    Quote Originally Posted by lasimmon View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I call shenanigans.
    Lol, I have no one to impress, its actually a very shitty story. But he is a very good friend and I have absolutely no reason not to believe him... Height of the downturn when he was laid off I saw the struggle as he had to continue to make payments as if he was making full wages.

  20. #20
    Join Date
    Jan 1970
    Location
    YYC
    My Ride
    2 x E Class Benz
    Posts
    20,953
    Rep Power
    5

    Default

    Quote Originally Posted by vengie View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Lol, I have no one to impress, its actually a very shitty story. But he is a very good friend and I have absolutely no reason not to believe him... Height of the downturn when he was laid off I saw the struggle as he had to continue to make payments as if he was making full wages.
    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.
    Originally posted by SEANBANERJEE
    I have gone above and beyond what I should rightfully have to do to protect my good name

Page 1 of 2 1 2 LastLast

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
  •