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mrBlixx

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  1. I have been in the Diesel field for the last 10 years however I have been working in the offshore oil industry and have never had to supply my own tools.So investing some money now that will last another 10 years I don't have a problem with. Understandably some people never make it through school and buy a great big kit.And yes they are loaded with debt of tools and paying off shool etc. I am however in a bit of a different situation.............I have compiled the list of tools that I will be needing. I by no means want to go in debt as I have NO debt other than a house payment and have made it to a point in my life that I already have most of my toys and recreational items. I have a good selection of tools but there is a lot I do no have.I however I don't want to pay double the price for something later because I was cheap now. The option to buy a 367.00 wrench set for $167.00 is a deal by any standard. I couldn't buy the same tool on ebay even close to this price. However that is neither here nor there. I don't want to appear ungracious for the advice but I am looking for the best financing advice not deciding if I should buy or not. The advice you received was extremely solid. You've rationalized a "need" and you want smart people to give you advice to enable your "need." The issue is that people around here have learned from their mistakes and enabling others to make mistakes is a bit tough for us. You're already skirting all rational advice by spending $10k at the beginning of a trade school program on non required tools -- who honestly cares how you buy them? Max out your credit cards, get a personal loan, hell, go to a payday loan place and borrow until your heart's content -- just do whatever you please and ignore any rational advice you receive.... Be sure to repeat the mistakes of others and to ignore fair warning. You're a freaking genius Sent from my iPhone using Tapatalk Giving advice is fine. Not agreeing with what someone plans to do is fine. Making personal insults is not. I hope this is a one time "slip". Feel free to delete my account. Clearly supporting ignorant decisions for the sake of being polite is preferred here. The OP wasn't going to be satisfied until he heard exactly what he wanted to hear. I thought his responses were pretty rude too considering he'd been given extremely solid advice. Again, delete me since I'm so horrifyingly rude and insensitive to people in the process of making a credit mistake. Better be polite, and then of course not blame him for his mistakes when the debt is chasing him Sent from my iPhone using Tapatalk
  2. I have been in the Diesel field for the last 10 years however I have been working in the offshore oil industry and have never had to supply my own tools.So investing some money now that will last another 10 years I don't have a problem with. Understandably some people never make it through school and buy a great big kit.And yes they are loaded with debt of tools and paying off shool etc. I am however in a bit of a different situation.............I have compiled the list of tools that I will be needing. I by no means want to go in debt as I have NO debt other than a house payment and have made it to a point in my life that I already have most of my toys and recreational items. I have a good selection of tools but there is a lot I do no have.I however I don't want to pay double the price for something later because I was cheap now. The option to buy a 367.00 wrench set for $167.00 is a deal by any standard. I couldn't buy the same tool on ebay even close to this price. However that is neither here nor there. I don't want to appear ungracious for the advice but I am looking for the best financing advice not deciding if I should buy or not. The advice you received was extremely solid. You've rationalized a "need" and you want smart people to give you advice to enable your "need." The issue is that people around here have learned from their mistakes and enabling others to make mistakes is a bit tough for us. You're already skirting all rational advice by spending $10k at the beginning of a trade school program on non required tools -- who honestly cares how you buy them? Max out your credit cards, get a personal loan, hell, go to a payday loan place and borrow until your heart's content -- just do whatever you please and ignore any rational advice you receive.... Be sure to repeat the mistakes of others and to ignore fair warning. You're a freaking genius Sent from my iPhone using Tapatalk
  3. I got approved for a $30k Venture card, beating my highest line by $5k. I asked Navy to bump my Flagship from $25k to $35k and they said no. I finally bullied them into reallocating $10k from my platinum card to my Flagship card getting it up to $35k after all. Now I just need to hangout and hope I can get my platinum card to an even $20k. It drives my OCD crazy to have a $12k credit line. I like nice round numbers Sent from my iPhone using Tapatalk
  4. I used to have a 1st Financial Bank Card. Are they subprime? They were literally my first credit card -- a $150 student visa when I was 18 with no credit, but in time it grew to a $15k limit. I think their target demographic is students, but not necessarily subprime?
  5. Why would your billing history with one cell phone have any influence over the credit check with your new carrier? It's not customary for competitors to share proprietary information? Can't imagine why one would ever expect that?
  6. 1. Never had a recurring payment or an auto payment with Amex. I made payments manually using their website with my saved checking account details. 2. And they obviously weren't aware when I closed the account, but were likely aware after they tried to make the draft. SunTrust denied the ACH and sent me a letter telling me so. The payment to Amex bounced.
  7. You keep referring to this possible verbiage in the terms and conditions, but you also keep stating that you have not personally read them. So what makes you so sure that Amex is doing this? It sounds to me that possibly, there was some supposed authorization to withdraw from your account, but that is not their general practice. Well, I've never read hem in their entirety as I'm sure most people tend not to. After the discussion on this board, I looked for copies of the complete Cardmember agreement online so I could scrutinize it, but it was unable to locate a complete Cardmember agreement, but instead small summaries of terms, etc. In any case, there was no prearranged payment agreement with Amex -- I consciously made the decision to default on all of my accounts at the same time, and when I did, I changed my checking account and direct deposit just for peace of mind... I didn't want money coming into an account creditors knew existed. With that in mind, after the account had been closed, I did get notices from SunTrust showing where they'd denied the ACH transactions from Amex. Again, didn't think much of it since something like this could've easily been covered in the T&C. I don't live in some kind of false reality where I imagine things taking place. It actually happened... Period.
  8. Why would it be illegal for someone to agree to have payments withdrawn from their account. The fact that you're suggesting that a company COULD NOT include such verbiage in their terms and conditions is ludicrous. And yea ... "Bankers" are definitely who we should trust... I've never known of a banker to do of anything slightly illegal or even unethical... Banks should be trusted infinitely, of course! Anyway, you're wrong in this case, you all knowing banker :-P
  9. I don't know how I can make it any more clear that Amex attempted to make ACH deductions from a closed account. Have you scrutinized the Cardmember agreement as well as whatever agreements you agree to when you setup online payments? Honestly, I haven't read them in their entirety, but it makes perfect sense that they include such verbiage... And of course, if one agrees to the withdraws through an agreement (even if it is in the fine print) it most certainly wouldn't be illegal Stop calling me a liar. You obviously just feel like you know absolutely everything related to banking, but keep in mind that experiences do vary and that perhaps there is something you don't know everything about?
  10. You did everything but call me a liar directly, but several times claimed I was lying. The two things aren't that different. And what I'm saying to you is that Amex made an attempt to draw payments out of my closed checking accounts. I know this, because I got letters from SunTrust after the fact. They never got any money, obviously, but they most certainly tried. And again, I wasn't surprised, even then, because I assumed that somewhere in the multipage 6 point terms and conditions that they would reserve this right. Or perhaps it's in the agreement when you actually use their online bill pay service? Mods: I'm not lying and id appreciate it if you'd keep users like this from accusing me as such.
  11. How long after stop paying did they try and get a judgment? I can't remember specifically, to be honest, as I got served by several close together, but I'd say in general they got judgements between the 90-120 day marks. I'm having a hard time buying this, if you are saying they got judgments when you were between 90 & 120 days delinquent. AFAIK, there is not a single jurisdiction in the country that can push a judgment through in 120 days, which would mean they had to file the suits before you defaulted. Well, since my integrity has been called into question 3 or 4 times in this thread I went ahead and looked back at public records to see how long it took each institution to sue me. Amex was in fact first. They sued me 10 months after I defaulted. PenFed was next and just a few days behind Amex. BofA sued after 11 months. Chase sued after 12 months. Please note that I led the previous thread with "I can't remember specifically, to be honest," meaning that I was not guaranteeing that I was giving precise information... it was just off the top of my head.
  12. I don't have trouble obtaining credit, as you can see from my signature. I do not have any mortgages at the moment, but I was pre-qual'd a few months ago with no trouble. My bankruptcy discharge is over 4 years old. There are plenty of people on here who've obtained mortgages in less than 4 years, are they all liars too? It's apparent that in your world $500k is a seriously significant sum. It's not chump change to me either, but my bankruptcy discharge was closer to $2m than $500k for your information. Indeed, like a lot of people, I lost money in real estate during the last boom/bust cycle. However, in this great land that is America, one is able to take such risks and not be penalized for them for life. You're aware that credit is all a game and that my bankruptcy isn't as big of a stigma as you seem to think? And the fact that I made my financial mistakes early in life seems to really chafe you? Would it make you feel better if I were middle aged and still struggling with my finances like a lot of the people here? Jeez.
  13. I never indicated that they could take money anytime they wanted, I said that after I'd stopped making payments on the accounts, that they attempted to take payments out of my checking accounts that I'd used to pay them in the past. I'm not "doctoring the board with misinformation," I am simply sharing my personal experience. Again, you're so adamant that it's illegal, but have you thoroughly read the terms and conditions from Amex? It'd be extremely easy to have a paragraph covering the attempt to collect payment on past due accounts and then it wouldn't be illegal at all. Honestly, I've never read their terms and conditions thoroughly, but it would make perfect sense to me that they cover themselves? This wasn't a personal situation that went off the tracks, it was directly related to the topic at hand. Also, stop calling me a liar. It's ridiculous, frankly, that one's word would be questioned... Again, what benefit would I gain from it?
  14. Well, I'm sorry you don't "believe" me. You can imagine that I have a lot to gain by manufacturing such a lie For that matter, not only am I not a liar, but I'm also not delusional. After I defaulted, Amex made several attempts to take payments using the bank details from accounts I'd used for them for bill payment. As far as it's legality, I'm sure it is mentioned somewhere in the Terms and Conditions of the account. I've never read them from front to back, but my guess is that few people do and it'd be easily to add some verbiage in there regarding payments to overdue accounts? In any case, Amex wasn't the first or the only to get a judgement, but they were the only ones who tried to help themselves to my checking account balance.
  15. Wow, really?? I guess it's time I use billpay rather than registering checking accounts with them! That shouldn't even be legal! Most definitely nuts! Not that I plan to default again, but with this knowledge I never register my bank accounts with creditors and instead opt to push payments. And you're right -- it shouldn't be legal -- but my guess is that they can CYA with their T&C.

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