Re: HOW HARD UP IS EBAY?

On Tue, 26 Jul 2005 10:38:20 -0400, blank@xxxxxxxxxxxx wrote:

>On 25 Jul 2005 17:06:06 GMT, Bertha <bertha@xxxxxxxxx> wrote:
>
>>On Mon, 25 Jul 2005 11:12:11 -0400, blank@xxxxxxxxxxxx
>><blank@xxxxxxxxxxxx> muttered something like:
>>
>>> Nobody gets turned down for a loan because of a 20 dollar beef. The
>>> people who loan money know most of these micro-debts are bogus. They
>>> try to screw their own customers out of small amts also and know all
>>> about the process. They want loan business far to much to ditch a
>>> customer just to help out a competitor of dubious honesty.
>>
>>Seems to me that someone is more likely to be turned down for a loan
>>because of a $20 beef. After all, if you're so hard up you can't even
>>scrape together $20, how likely are you to pay off a larger debt?
>>
>>-Bertha
>
>
>Whats more likely is that an improper charge will be small since its
>not worth challenging it in court. If you were improperly billed
>50,000 bucks, you'd be in court with your atty countersueing the
>crook. Those "Demands for Payment" from dodgy record clubs, magazine
>resellers, monthly cosmetic clubs, etc, etc, are BULK MAILED because
>they have literally tens of thousands of irate ripped off customers
>who wont pay what they dont owe. Do you really think NONE of these
>people can ever get a credit card again? Geeez...they are still
>giving credit cards to dogs, cats, and dead people.

The companies you mention above don't generally report to the credit
bureaus; I can't recall ever seeing an entry from one of them on a
credit report.

On the other hand, I've seen loan applications declined because of a
couple of small ($30-100) unpaid collection items from Sprint,
Verizon, BellSouth, Wells Fargo, various apartment complexes,
hospitals and medical offices, and dozens of other creditors. I've
declined loans because of charged-off accounts from those same
creditors, some as low as $50.

You seem to have a very limited and very misguided impression of how
consumer lending works.




--
Ty
Who is mostly just a
slightly skewed
Donna Reed

A patriot must always be ready to defend his country against his government.
--Edward Abbey
.

Relevant Pages

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