They don't repo bicycles
10-06-08, 06:20 PM
#26
Cat 4
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Utterly incorrect. You guys do not understand the credit system. I do. I worked in car financing for ten years. They do not repossess anything you purchase on a credit card that you do not pay for. Not a chance. They report your card payments as late, then they start going after you, then you get a dreaded 'charge off' line on your credit bureau when they write it off as unrecoverable. That's the credit equivalent of being labeled a witch by the Pope.
But yes, it would destroy your credit. So what? F credit.
But yes, it would destroy your credit. So what? F credit.
Last edited by J.Lockdown; 10-06-08 at 06:24 PM.
10-06-08, 06:29 PM
#28
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10-06-08, 06:38 PM
#29
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10-06-08, 06:54 PM
#30
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wonder If I can put a car on my credit card
10-06-08, 07:00 PM
#32
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10-06-08, 07:05 PM
#33
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If you do not own your home this is a BAD IDEA! If you need to so much as rent a place to live having blown off several thousand dollars in credit card payments will ensure that the only place you can rent is a place where if you put on spandex and get on a bike you will get shot or beat severely.
Good credit is not just about getting good loans, it allows renters to find good places to live, and your credit is checked when you are looking for a job as well.
I seriously hope this is a joke.
Good credit is not just about getting good loans, it allows renters to find good places to live, and your credit is checked when you are looking for a job as well.
I seriously hope this is a joke.
10-06-08, 07:06 PM
#34
Senior Member
If you do not own your home this is a BAD IDEA! If you need to so much as rent a place to live having blown off several thousand dollars in credit card payments will ensure that the only place you can rent is a place where if you put on spandex and get on a bike you will get shot or beat severely.
Good credit is not just about getting good loans, it allows renters to find good places to live, and your credit is checked when you are looking for a job as well.
I seriously hope this is a joke.
Good credit is not just about getting good loans, it allows renters to find good places to live, and your credit is checked when you are looking for a job as well.
I seriously hope this is a joke.
Welcome.
10-06-08, 07:15 PM
#37
Peloton Shelter Dog
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10-06-08, 07:21 PM
#39
New! With Self Loathing!
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Last edited by scottmorrison99; 10-06-08 at 07:47 PM.
10-06-08, 07:23 PM
#40
Peloton Shelter Dog
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Chapter 27 for MTBers.
10-06-08, 07:30 PM
#41
Hills hurt.. Couches kill
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10-06-08, 07:43 PM
#42
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Or, just don't carry debt and you actually own your stuff. My 1 exception is a good quality mortgage that you can afford, even if out of work for a while.
10-06-08, 07:49 PM
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10-06-08, 07:52 PM
#45
Peloton Shelter Dog
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10-06-08, 07:59 PM
#46
unofficial roadie
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10-06-08, 08:00 PM
#47
Peloton Shelter Dog
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Don't be pulling the Witch Numerology Voodoo on me. You're all possessed.
10-06-08, 08:05 PM
#48
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This thread is headed in so many different directions.
Not only is credit used when looking for a job or place to live, it can affect other premiums, such as your car insurance.
A former co-worker of mine settled her credit card balance with Capital One for .15 on the Dollar, just a thought but that 6k Cervelo for $900 seems like a pretty good deal.
Lastly, regarding whether this is stealing or not, if I had the opportunity to steal from a credit card company, I would consider it my duty to do so. God only knows they have been stealing and raping the public for years.
Not only is credit used when looking for a job or place to live, it can affect other premiums, such as your car insurance.
A former co-worker of mine settled her credit card balance with Capital One for .15 on the Dollar, just a thought but that 6k Cervelo for $900 seems like a pretty good deal.
Lastly, regarding whether this is stealing or not, if I had the opportunity to steal from a credit card company, I would consider it my duty to do so. God only knows they have been stealing and raping the public for years.
10-06-08, 08:07 PM
#49
Peloton Shelter Dog
Thread Starter
Shameless Rationalization in the Pursuit of Bike Schwag is No Vice.
10-06-08, 08:12 PM
#50
Hills hurt.. Couches kill
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So stealing, from the right person / group is ok?