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This advice is garbage. Where does this person come up with these ideas? Credit scores are crap. The credit card companies and the banks are all in the same league. They have ripped you off, so why continue to subsidize the huge, enormous bonuses of the CEOs? They cheat me: I quit paying. End of story.
Zipper, have you never seen an Outback Steakhouse or a Cheesecake Factory in your part of the Great Northwest? Just visit Seattle. A beautiful city with all of the fatty food restaurants you could ever wish for.
I read Liz's articles, but lately, I am disenchanted with her toady attitude towards the debt agencies. Liz, you have sold your soul to those sleazeballs, and now you want to foist your opinion on us. You may as well open your purse and show us the shekels you collect from those that pay you to try to brainwash us. ...more
I have just about totally lost respect for this woman-lite adviser. This is just about the most watered down piece of advice that I have ever read. What garbage. Liz, can you pull your head out of the sand hole for two minutes? Here is my message: screw the credit card companies. They don't deserve one dime from yo...more
@Ekonoman: You make a lot of assumptions about morality and which party has been wronged. I suggest that interested readers take a look at Charles Morris' book "The Trillion Dollar Meltdown." You can see a review of it at http://www.usatoday.com/money/books/reviews/2008-03-30-trillion-dollar-meltdown_N.htm. Morris i...more
Ekonoman: do you really believe that all of the stories people have posted are irrelevant? Do you believe that people should accept abuse by huge financial entities with hundreds of billions of dollars in resources at their disposal? Do you think that it is OK for Chase or Citi to change the rules in midstream, just...more
You have got that right! I have decided to stop paying, and there is very little they can do to collect. Of course, I am taking precautions against their actions. I do not particularly care about my credit rating, any more. I do not plan to buy a house, and the economy is so bad that my efforts to find a decent job...more
10/29/2009
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