C1 Default Rates

[treehugger1]

http://www.google.com/hostednews/ap/article/ALeqM5g2K7XMBG7DE_Bd-f_X9Q0HnaqSTQD9BBKVN81

[albacore44]

Dang Tree.........did you and I cause this ??

[whipster1]

Whoa albacore, that one is harsh

I hope Crap1 hangs around long enough to give me a new credit card after discharge...

[albacore44]

Whoa albacore, that one is harsh

I hope Crap1 hangs around long enough to give me a new credit card after discharge...

with a $500 credit limit and 35% interest ??

[AngelinaCatHub]

with a $500 credit limit and 35% interest ??

You got that right. But what baffles me, is that the CC companies all see a problem in our 'Bammynation, and still they raise the interest, lower the amount, charge for over amounts they just lowered, and force even more people to default. I just don't get this thinking. Maybe I'm not smart enough. I was smart enough to start my new life and now I'm stowing a years supply of food and ammo. Tis goin' ta git worse. 'Hub

P.S. Albacore, now that is a doll. I love it when I get turned on by your Avitars.

[albacore44]

You got that right. But what baffles me, is that the CC companies all see a problem in our 'Bammynation, and still they raise the interest, lower the amount, charge for over amounts they just lowered, and force even more people to default. I just don't get this thinking. Maybe I'm not smart enough. I was smart enough to start my new life and now I'm stowing a years supply of food and ammo. Tis goin' ta git worse. 'Hub

P.S. Albacore, now that is a doll. I love it when I get turned on by your Avitars.

How may rounds is a years supply ?? Ammo aint cheap these days, and its in short supply with everyone scared due to the Libs in charge. Conan the barbarian just signed a bill in yesterday requiring you to show ID and have your thumb print taken on all ammo sales. guess that screws my ability to buy out of state from the cheap places

[BigJohn]

You don't want the cheap ammo any ways. I have rethought how much ammo is needed myself. If you pick up a box of 223 ammo - 1000 rounds - my first impression is to put it down. Just thinking about carrying that and other supplies seems to tire me out.

What I think is workable is smaller calibre ammo but ammo that is specialized. Some of the ammo they use when they rush an airplane should do the trick. It blows a hole in whatever but has a tendency not to exit and the smaller caliber of this stuff seems to do a better job then the big calibre stuff.

Probably all is needed is one or two good hand guns, and a rife or two and maybe a shotgun.

[frogger]

Albacore - my avatar wants to date your avatar.........

Oops. I'm stepping on that Cap1 scale too for a few dollars.

And as to that ammo being heavy, you can do a lot with regular cheap .22 ammo. It's lightweight, inexpensive, and very effective if you know what to do with it.

[Snickers]

Dang Tree.........did you and I cause this ??

I helped too.

Maybe they could save a few bucks on their telecommunication expenses by not calling me 20 times a day....

And I am a perfect example of what 'Hub is saying. We were paying regularly, but when my husband went in the hospital (for 4 months so far), I let the bills slide just because I was too busy at the hospital to pay them.

When I finally got some time, most were late...some less than 30 days. The payments skyrocketed overnight and it became a losing battle. That is when I talked to BK Attorney and now they won't get anything.

Really, in this economy, what sense does it make to force people to default? Sheesh.

[albacore44]

You don't want the cheap ammo any ways. I have rethought how much ammo is needed myself. If you pick up a box of 223 ammo - 1000 rounds - my first impression is to put it down. Just thinking about carrying that and other supplies seems to tire me out.

What I think is workable is smaller calibre ammo but ammo that is specialized. Some of the ammo they use when they rush an airplane should do the trick. It blows a hole in whatever but has a tendency not to exit and the smaller caliber of this stuff seems to do a better job then the big calibre stuff.

Probably all is needed is one or two good hand guns, and a rife or two and maybe a shotgun.

I find that the .40 Cal Hydra shock does nicely. however I sure would like to get my hands on some of that good .223 South African ammo we had a few years back

[albacore44]

I helped too.

Maybe they could save a few bucks on their telecommunication expenses by not calling me 20 times a day....

Sheesh.

What ?? You don't like to hear the cheery voice of "Hot Linda" ??

[frogger]

What ?? You don't like to hear the cheery voice of "Hot Linda" ??

I'm disappointed. They've started calling me, but she won't leave a message.....

[JimKutkowski]

Whoa albacore, that one is harsh

I hope Crap1 hangs around long enough to give me a new credit card after discharge...

That would be playing with fire, capital one will sue for past due credit card debt if it goes more than six months past due. I know your intention is not to fall into debt again not to fall behind, however once you get a discharge I believe it is eight years before you can file chapter 7 again, so please be careful. Using credit cards is like playing with fire or snakes, fire is useful stakes can be useful but eventually they will hurt you.

[treehugger1]

That would be playing with fire, capital one will sue for past due credit card debt if it goes more than six months past due.

I wonder why some on this board have not been sued by C1 after 24 - 36 months of not making payments?

[JimKutkowski]

I wonder why some on this board have not been sued by C1 after 24 - 36 months of not making payments?

Might be the state. They are going great guns in New Jersey and Pennsylvania, it might be the collection laws.