Author Topic: PSA: Don't swipe recklessly for others  (Read 374141 times)

Offline aygart

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Re: PSA: Don't swipe recklessly for others
« Reply #1875 on: February 04, 2019, 10:04:26 AM »
What are Lakewood levels credit card debt?
Whatever amount it takes to fill the chip on his shoulder.
Just because things turned out a certain way doesn't mean you were right.

Offline aygart

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Re: PSA: Don't swipe recklessly for others
« Reply #1876 on: February 04, 2019, 10:07:20 AM »
For my personal fist hand knowledge: The “inventory” they have is garbage that was overpaid for to begin with.
who happened to chance upon a great product they were able to buy through their store for Amazon.
???
Just because things turned out a certain way doesn't mean you were right.

Offline gingyguy

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Re: PSA: Don't swipe recklessly for others
« Reply #1877 on: February 04, 2019, 10:08:45 AM »
What are Lakewood levels credit card debt?
this is grounds for a new thread. Do you live in Lakewood and how much credit card debt are you in
May you slide down the banister of happiness & get many splinters of success up your career.

Offline churnbabychurn

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Re: PSA: Don't swipe recklessly for others
« Reply #1878 on: February 04, 2019, 10:10:12 AM »
Some of you just don’t get it, these are people with 0 education, spent their lives as employees (one in the store on Kingston he eventually bought, the other in a Lakewood bakery followed by some Trenton property management company that went bust).

Guys with Lakewood levels credit card debt, whose financial acumen is derived from Ami biztank, who happened to chance upon a great product they were able to buy through their store for Amazon.

They turned their whole business online, used messed up accounting methods, JV’ed with some failing houseware stores, some scammy furniture business, secondhand trucks, and a payroll to rival Goldman Sachs.

Nebach.

"Messed up accounting methods"

You're giving too much credit. I can't imagine they had any "accounting"

Offline aygart

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Re: PSA: Don't swipe recklessly for others
« Reply #1879 on: February 04, 2019, 10:11:14 AM »
this is grounds for a new thread. Do you live in Lakewood and how much credit card debt are you in
I live in Lakewood and have zero revolving credit card debt. To be paid off each month is a different story. I once opened a thread about that. Same goes for most people that I would know if they had CC debt. A couple have some higher debt levels. I know that some large gemachs in town ask before they lend if the person has any CC debt and will not lend to someone who does.
Just because things turned out a certain way doesn't mean you were right.

Offline gingyguy

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Re: PSA: Don't swipe recklessly for others
« Reply #1880 on: February 04, 2019, 11:08:04 AM »
I live in Lakewood and have zero revolving credit card debt.
same here
May you slide down the banister of happiness & get many splinters of success up your career.

Offline churnbabychurn

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Re: PSA: Don't swipe recklessly for others
« Reply #1881 on: February 04, 2019, 11:21:57 AM »
What does Lakewood have to do with anything??

Offline gingyguy

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Re: PSA: Don't swipe recklessly for others
« Reply #1882 on: February 04, 2019, 11:28:15 AM »
What does Lakewood have to do with anything??
Guys with Lakewood levels credit card debt, whose financial acumen is derived from Ami biztank,

Nebach.
May you slide down the banister of happiness & get many splinters of success up your career.

Offline rileywiles23

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Re: PSA: Don't swipe recklessly for others
« Reply #1883 on: February 04, 2019, 11:29:45 AM »
What does Lakewood have to do with anything??
@yesthatsme likes to mix Lakewood into all his points
Life is as good as you make it...

Offline YesThatsMe

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Re: PSA: Don't swipe recklessly for others
« Reply #1884 on: February 04, 2019, 12:45:04 PM »
@YesThatsMe likes to mix Lakewood into all his points

https://www.businessinsider.com/worst-us-cities-for-credit-card-debt-2017-1#21-lakewood-new-jersey-5

Sorry I just googled it. I live in Lakewood and have $0 CC debt too. Obviously i'm not referring to everyone, just to the median.

Offline YesThatsMe

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Re: PSA: Don't swipe recklessly for others
« Reply #1885 on: February 04, 2019, 12:46:35 PM »
What are Lakewood levels credit card debt?

The perpetrator here had a $15K write-off on his own credit report from BOA CC, for one. Why do you think they needed other peoples cards!?

Offline YesThatsMe

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Re: PSA: Don't swipe recklessly for others
« Reply #1886 on: February 04, 2019, 12:48:40 PM »
???

The product was a hit until 30 others joined the listing, including 2 of the investors. Plus this product was limited in sales scope.

Offline YesThatsMe

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Re: PSA: Don't swipe recklessly for others
« Reply #1887 on: February 04, 2019, 12:49:58 PM »
"Messed up accounting methods"

You're giving too much credit. I can't imagine they had any "accounting"

They did. But they refused to agree with their accountants accounting methods, they had their own spreadsheets which looked like ....

Offline YesThatsMe

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Re: PSA: Don't swipe recklessly for others
« Reply #1888 on: February 04, 2019, 12:50:26 PM »
I live in Lakewood and have zero revolving credit card debt. To be paid off each month is a different story. I once opened a thread about that. Same goes for most people that I would know if they had CC debt. A couple have some higher debt levels. I know that some large gemachs in town ask before they lend if the person has any CC debt and will not lend to someone who does.

+1

Offline YesThatsMe

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Re: PSA: Don't swipe recklessly for others
« Reply #1889 on: February 04, 2019, 12:50:51 PM »
What does Lakewood have to do with anything??

This story happened in Lakewood.