Bowing to the inevitable

[Genenco]

Well, the holder of my auto loan called me and we shifted through several ways I could play "Catch-up" with the debt (I'm coming up on 90 days late) and the drawback is, I HAVE to pay full amount until the "Catch-up" (Payments partial but make up a whole one monthly) is allowed...

Well, I won't make more where I work, so in the view I am single...I guess my weekends just went to the employment side...(sigh) I guess this is the price I must pay, to not walk the BK road again.

Oh hey, I am NOT EVER going to think of myself as better then anyone here. All of us make choices, do our best, but no matter what, we DO have problems. Sometimes, like me, a bit of sacrifice will make it doable. In other cases, you could sell your soul and it won't make a dent in the bills.

So, upping the order for vicodin and anti-depressants...oohhhhh...That's a nifty white jacket you have one there sir....

[Genenco]

All this over a car loan?

Lighting, I'm kind of surprised by your response. After all, aren't you on the side of the creditors? Shouldn't I be doing everything I can to make them happy and line their pockets and not be a "Deadbeat"?

Never mind, that the payday loan companies charge 900%+ interest. Never mind that creditors make calls of an illegal nature (At times) to individuals. Let's ignore that the CC companies can (On their whim) raise the interest rates simply due to a late payment on another card!

And let's not consider people who have had a catastrophic injury and their $5.15 (Fed minimum wage) job (With little or NO benefits) cause them to file bankruptcy. Just because they have 2 or 3 kids to house, feed and such, well, it's just GOT to be THEIR fault that this happened to them...Right?

Oh heck, let's bring back debtors prison, let's show those who would DARE have problems that the way to financial health, is to die from injuries or such, because if they're not going to pay it back, they shouldn't enjoy life...What say hey?

[tinroofrusted]

Lighting, I'm kind of surprised by your response. After all, aren't you on the side of the creditors? Shouldn't I be doing everything I can to make them happy and line their pockets and not be a "Deadbeat"?

Never mind, that the payday loan companies charge 900%+ interest. Never mind that creditors make calls of an illegal nature (At times) to individuals. Let's ignore that the CC companies can (On their whim) raise the interest rates simply due to a late payment on another card!

And let's not consider people who have had a catastrophic injury and their $5.15 (Fed minimum wage) job (With little or NO benefits) cause them to file bankruptcy. Just because they have 2 or 3 kids to house, feed and such, well, it's just GOT to be THEIR fault that this happened to them...Right?

Oh heck, let's bring back debtors prison, let's show those who would DARE have problems that the way to financial health, is to die from injuries or such, because if they're not going to pay it back, they shouldn't enjoy life...What say hey?

Hey, good on you!
I am working two jobs to get me through Christmas, and it doesn't leave me much of a social life, but I am determined to pay cash for everyone's presents, and only put a minimum of things on the credit cards!

Good for you!

[sunshine08]

Genenco, I don't think that Lightening was trying to be rude (this time, sorry I couldn't help it).
Lightening, I think Geneco was just venting, that is part of the reason for this forum.

[Genenco]

Well Lighting, I'd say you like playing something also, but since I can't without possibly incurring the wrath of the mods here, you'll just have to guess I hurt your feelings.

And again, I'm surprised you're not sitting there happy I am giving up free time to make your friends (The creditors) happy also...

Again, I ask, Isin't this what you always want?

[Genenco]

Genenco, I don't think that Lightening was trying to be rude (this time, sorry I couldn't help it).

Sunshine, I have gone back through MANY posts when a poster (Who I never had cause to respond to) posts. This gives me a view of that person and their troubles and such.

Sad fact is, Lighting is more then likely, to shoot from the lip and never try and understand anyone here.

IN addition, a one line comment shows the lack of willingness to actually try and see what that person is going through and to empathize. Not that it really bothers me, thankfully I have no reason to try and understand people who have nothing better to do but cause others grief.

[Lightning]

You're not making any sense. You conclusion that people who pay their bills and recommend other do so as well must therefore be "friends" with creditors is ridiculous.

Taking out a high interest car loan or pay day loan is just plain not smart.

[Genenco]

[QUOTE=Lightning]You're not making any sense. You conclusion that people who pay their bills and recommend other do so as well must therefore be "friends" with creditors is ridiculous. [QUOTE]

Obviously Lighting, your reading and comprehension is lacking, so read this slow. I said "I'm kind of surprised by your response. After all, aren't you on the side of the creditors? Shouldn't I be doing everything I can to make them happy and line their pockets and not be a "Deadbeat"?

Now, can you possibly understand that? And in addition, your "Recommendations" have been nothing other then snide responses (In most cases) to those filing bankruptcy.

[Lightning]

Geneco:

I do not have any personal friends in the lending or credit industry.

I believe people should pay their bills on time.

Unless it's absolutely necessary, avoid taking out a car loan. Pay for a car in cash.

Build a savings account that holds at least 3 months of living expenses.

Invest in your company's 401(k) plan or similar pre-tax retirement fund. If that's not available, invest in an IRA. Leave the money there until you've reached retirement age.

Avoid charging more on credit cards than you can repay in full at the end of the billing period.

Never take out pay day loans. If no one uses their services, they will go out of business.

[Genenco]

Geneco:

I do not have any personal friends in the lending or credit industry..

Well, you're certainly not on the side of the debtor, so I'm led to believe you're more friendly to them then anyone else.

Furthermore, just why are you here? You're obviously NOT hurting, you OBVIOUSLY have loads of cash tucked away and work at a mucho high paying job and have a nice 3 bedroom home with kids, wife, pets and life. So, why are you here?

I believe people should pay their bills on time..

And if they have catastrophic bill for medical, what then? Oh, guess they'd be better off not seeking treatment and die from the injury so as not to burden the medical community.

Unless it's absolutely necessary, avoid taking out a car loan. Pay for a car in cash..

Sure, I'm just so positive you paid $32,000 in cash for your last car hey?

Build a savings account that holds at least 3 months of living expenses..

Wouldn't it be better to use that money for bills now, and also, shouldn't the cushion be more? In my area (For example) it's about 4-6 months for someone to even come close to the previous wage in a new job.

Invest in your company's 401(k) plan or similar pre-tax retirement fund. If that's not available, invest in an IRA. Leave the money there until you've reached retirement age..

NIce idea if you don't have 3 kids, no support and work a minimum wage job..>Sure, it's all so easy.

Avoid charging more on credit cards than you can repay in full at the end of the billing period. .

And that car you're driving can just sit in the garage and wait for that engine repair. Heck, walking 15 miles to work is not all that hard is it?

Never take out pay day loans. If no one uses their services, they will go out of business.

Then let's have banks do it...Oh wait, they do. But you have to have great credit (As they check it) and then when they deny you, what do you do then?

[StaciMM]

I agree with these ideals. I wish I had learned them 13 years ago when I first turned 18 and became financially responsible for myself.

While I can't change the past 13 years, I am in full control of my future and I will never again use credit just to use it. I will work hard to re-establish, so I can finance a home on MY terms but I will not charge anything I can't pay back within 2-3 months.

I will also work hard to teach these ideals to my kids, so they hopefully don't have to learn the hard way.

I do realize that there are times when no amount of planning can prevent a financial tragedy, but at least by preparing it makes the fallout less.

Unless it's absolutely necessary, avoid taking out a car loan. Pay for a car in cash.

Build a savings account that holds at least 3 months of living expenses.

Invest in your company's 401(k) plan or similar pre-tax retirement fund. If that's not available, invest in an IRA. Leave the money there until you've reached retirement age.

Avoid charging more on credit cards than you can repay in full at the end of the billing period.

Never take out pay day loans. If no one uses their services, they will go out of business.

[tinroofrusted]

I do realize that there are times when no amount of planning can prevent a financial tragedy, but at least by preparing it makes the fallout less.

I am 100% in agreement in with that statement.

Even those who think they are prepared had better think again. There is no such thing as a 100% fool proof plan for anything.

[tinroofrusted]

Geneco:

I do not have any personal friends in the lending or credit industry.

I believe people should pay their bills on time.

Unless it's absolutely necessary, avoid taking out a car loan. Pay for a car in cash.

Build a savings account that holds at least 3 months of living expenses.

Invest in your company's 401(k) plan or similar pre-tax retirement fund. If that's not available, invest in an IRA. Leave the money there until you've reached retirement age.

Avoid charging more on credit cards than you can repay in full at the end of the billing period.

Never take out pay day loans. If no one uses their services, they will go out of business.

Interesting that you claim to have never heard of Dave Ramsey, yet you quote him verbatim in your above post.

[Lightning]

It's it so impossible to believe that two people who've never met or exchanged ideas could still have the same ones? It's common sense for crying out loud.

Geneco:
I'm done. If I told you to come in out of the rain, you'd tell me rain water is good for the skin. If I told you to stand out in the rain, you'd accuse me of wanting you to catch a cold.

[Genenco]

It's it so impossible to believe that two people who've never met or exchanged ideas could still have the same ones? It's common sense for crying out loud.

Geneco:
I'm done. If I told you to come in out of the rain, you'd tell me rain water is good for the skin. If I told you to stand out in the rain, you'd accuse me of wanting you to catch a cold.

Sure, run away. I only ask "Why are you here anyway?" No good answer as you'd hate to admit, that you're here to verbally abuse people and such.

Maybe one day, you'll not come here anymore. "Hurry day!" is my wish.