Author Topic: PSA: Don't swipe recklessly for others  (Read 243826 times)

Offline Menachem613

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2012
  • Posts: 1001
  • Total likes: 44
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
  • Location: NYC
Re: PSA: Don't swipe recklessly for others
« Reply #2100 on: February 17, 2019, 12:08:53 PM »
All I know is that the frum world is down 25-50 million... Sad.

So who is up 20-50m?

Offline chevron

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 1315
  • Total likes: 104
  • DansDeals.com Hat Tips 2
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #2101 on: February 17, 2019, 12:40:32 PM »

Offline Chief Rabbi of New York

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 1074
  • Total likes: 26
  • DansDeals.com Hat Tips 15
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #2102 on: February 17, 2019, 01:04:50 PM »
Not to scare you itís is 50-60M

After people declaring bankruptcy and settling with the cc
Hopefully everyone will be able to move on
Show Some Respect for Me, I am The Chief Rabbi of New York :)

Offline Z56

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2014
  • Posts: 2288
  • Total likes: 83
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: NYC, TLV
  • Programs: SPG Gold, Marriot Gold, Hilton Gold, National EE, Hertz GP, Avis PP
Re: PSA: Don't swipe recklessly for others
« Reply #2103 on: February 17, 2019, 01:08:50 PM »
After people declaring bankruptcy and settling with the cc
Hopefully everyone will be able to move on

Easier said than done..
« Last Edit: February 17, 2019, 03:08:49 PM by Z56 »
True friends are like diamonds, precious and rare. False friends are like leaves, found everywhere.

Offline Menachem613

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2012
  • Posts: 1001
  • Total likes: 44
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
  • Location: NYC
Re: PSA: Don't swipe recklessly for others
« Reply #2104 on: February 17, 2019, 01:12:07 PM »

Offline churnbabychurn

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jul 2012
  • Posts: 7136
  • Total likes: 268
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Lakewood
Re: PSA: Don't swipe recklessly for others
« Reply #2105 on: February 17, 2019, 01:16:49 PM »
How do poor people obtain hundreds of thousands of credit?

Offline JACKBLUE

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jan 2014
  • Posts: 1457
  • Total likes: 84
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: PSA: Don't swipe recklessly for others
« Reply #2106 on: February 17, 2019, 01:22:29 PM »
How do poor people obtain hundreds of thousands of credit?
Charge cards.... business cards from multiple people (husband, wife, fil, mil, uncle, friend that lives oot.)

Offline DealKiller

  • Dansdeals Silver Elite
  • **
  • Join Date: Feb 2019
  • Posts: 95
  • Total likes: 9
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: CA
Re: PSA: Don't swipe recklessly for others
« Reply #2107 on: February 17, 2019, 01:45:43 PM »
All I know is that the frum world is down 25-50 million... Sad.
It is not like this money disappeared. Don't fall for that business model BS.

Offline Mplace

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Oct 2014
  • Posts: 1972
  • Total likes: 4
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: New York
  • Programs: Kan tzivah
Re: PSA: Don't swipe recklessly for others
« Reply #2108 on: February 17, 2019, 02:06:03 PM »
It is not like this money disappeared. Don't fall for that business model BS.
so what did happen?
What's your plan for yud shvat?

Online grodnoking

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Nov 2014
  • Posts: 4240
  • Total likes: 188
  • DansDeals.com Hat Tips 6
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #2109 on: February 17, 2019, 02:23:57 PM »
It is not like this money disappeared. Don't fall for that business model BS.
But they wont be getting money to pay off thier credit card bill, until frozen accounts are unfrozen or until inventory is sold off, and if that takes a year they're down +/- 26%. If they had 100k on CCs they will be out 26k they dont have.
I'm not who you think I am.

Offline thaber

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: May 2008
  • Posts: 2783
  • Total likes: 130
  • DansDeals.com Hat Tips 4
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #2110 on: February 17, 2019, 02:29:14 PM »
People got scared off from the first story.

so now the company's that use cc swipes to pay back other people etc are having trouble paying back..
People getting scared is good.
It is not like this money disappeared. Don't fall for that business model BS.
It never existed, ultimately it was revolving credit, was it not?

Offline Mplace

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Oct 2014
  • Posts: 1972
  • Total likes: 4
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: New York
  • Programs: Kan tzivah
Re: PSA: Don't swipe recklessly for others
« Reply #2111 on: February 17, 2019, 02:29:54 PM »
But they wont be getting money to pay off thier credit card bill, until frozen accounts are unfrozen or until inventory is sold off, and if that takes a year they're down +/- 26%. If they had 100k on CCs they will be out 26k they dont have.
but that's not what they are telling the card holders, so sounds nice, but..
What's your plan for yud shvat?

Offline Yehuda57

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jan 2014
  • Posts: 1174
  • Total likes: 940
  • DansDeals.com Hat Tips 6
    • View Profile
  • Location: Brooklyn
Re: PSA: Don't swipe recklessly for others
« Reply #2112 on: February 17, 2019, 02:52:06 PM »
How do poor people obtain hundreds of thousands of credit?
With relative ease
Quote from: ExGingi
[Stating things eloquently] seems to be Yehuda57's job around here :)

Offline Chief Rabbi of New York

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2013
  • Posts: 1074
  • Total likes: 26
  • DansDeals.com Hat Tips 15
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #2113 on: February 17, 2019, 04:24:25 PM »
But they wont be getting money to pay off thier credit card bill, until frozen accounts are unfrozen or until inventory is sold off, and if that takes a year they're down +/- 26%. If they had 100k on CCs they will be out 26k they dont have.

How do u know the company who borrowed wonít also pay that back ?
Show Some Respect for Me, I am The Chief Rabbi of New York :)

Offline Redbull3

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2011
  • Posts: 3186
  • Total likes: 77
  • DansDeals.com Hat Tips 1
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #2114 on: February 17, 2019, 04:24:56 PM »
How do poor people obtain hundreds of thousands of credit?
dansdeals.com