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May 20, 2024
5:23
:32
pm
Doctor Rosenrosen
All-American
My adopted daughter
will probably be in this situation in about 10 years.
She has unbelievably poor impulse control (even for a teenager).
This message has been modified
Originally posted on May 20, 2024 at 5:23:32pm
Message modified by Doctor Rosenrosen on May 20, 2024 at 5:43:34pm
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Doctor Rosenrosen
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Doctor Rosenrosen
Joined
Oct 31, 2003
Last login
Nov 8, 2024
Total posts
7,845 (649 FO)
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Messages
Author
Time
Does anyone you know have between $100000 and $200000 in credit card debt?
Peanut
May 20, 5:14pm
I'm living the high life because I don't waste any of my money on credit card payments
Indy Coug
May 20, 5:16pm
Unfortunately yes.
rad dawg
May 20, 5:20pm
Just live in the moment. Don't worry about tomorrow.
Zerigke Ally Zerigke
May 20, 5:20pm
That would stress me out to the point I couldn’t sleep. BUT I guess life is
macdizzle
May 20, 5:21pm
The anxiety would paralyze me
DiamondMo
May 20, 5:59pm
Not that I know of. And I would be FREAKING out if that were me.
justAnotherCoug
May 20, 5:22pm
Just file BK. It’s all dischargeable debt
kansascougar
May 20, 5:31pm
RE: Just file BK. It’s all dischargeable debt
Eddie
May 20, 5:42pm
That is very dishonest of they got into
Jdoc
May 20, 5:43pm
RE: That is very dishonest of they got into
kansascougar
May 20, 6:07pm
My adopted daughter
Doctor Rosenrosen
May 20, 5:23pm
I don't think I've ever had a month where I didn't pay my credit card off in full.
jacobugath
May 20, 5:23pm
It's been several decades and the month we carried a balance it was a mistake
Born2Fish
May 20, 6:06pm
RE: Does anyone you know have between $100000 and $200000 in credit card debt?
Hawk Talons
May 20, 5:24pm
Does it count if I fully pay it off every month?
Scratch
May 20, 5:24pm
Nice flex. Paying off $150k to $200k per month!
Hawk Talons
May 20, 5:26pm
His baseline was 100K, not 150K. Let's not get crazy here.
Scratch
May 20, 5:30pm
I know a Family Medicine doctor who graduated residency with $1 million debt
Zoobieman
May 20, 5:27pm
Several decades ago my brother worked in debt consolidation. This story was all
DwigtA2RM
May 20, 5:37pm
That person has some serious problems.
EDthoracotomy
May 20, 6:29pm
she could get school debt forgiven relatively easily.
EDthoracotomy
May 20, 6:31pm
Sounds terrible, might not be too bad if mortgage is vast majority of the debt
haYnCoug
May 21, 2:08pm
The minimum monthly payment on that would wreck me
fattycoug
May 20, 5:28pm
Seems like the long-term plan here must be to declare bankruptcy?
cougarmeister
May 20, 5:29pm
I don't think I would even know how to spend that much.
yorksama
May 20, 5:30pm
A trip on the card, an extra thousand or two this month or that.
DubuMfalme
May 20, 5:40pm
There's an odd phenomenon where banks give more to those who make them money.
Art Director
May 20, 5:30pm
Some card companies seem more like drug dealers than financial institutions
MarylandFan
May 20, 5:38pm
At that point it’s the credit card companies fault if the person defaults and
bluecougar1985
May 20, 5:33pm
I have a client with just over 100k
dratax
May 20, 5:36pm
RE: Does anyone you know have between $100000 and $200000 in credit card debt?
Pepe Silvia
May 20, 5:45pm
Yes sir
TNT
May 20, 6:06pm
Yea but just for the points
CougarCanuck76
May 20, 6:06pm
I use credit cards almost exclusively but pay them off every month.
RenoCoug
May 20, 6:08pm
Same. I haven't paid a dime in credit card interest in more than 20 years.
VACOUGFAN
May 20, 6:37pm
Literally the worst kind of debt one could have hanging around their necks.
VACOUGFAN
May 20, 6:35pm
At a certain point, it's more on the CC company than on the individual.
OPINIONS
May 20, 10:36pm
My wife and I are always astounded at the cars and toys people have. We make
4thand19
May 20, 11:02pm
Ditto. We are not sure how people can have the nicest newest cars, boats, etc.
DwigtA2RM
May 21, 9:12am
Trust funds? Dual income with no children? Frugal 20's and 30's?
Zoobieman
May 21, 10:02am
Finance everything. Even the tires
EDthoracotomy
May 21, 10:50am
It's not that hard, crazy, or confusing
justAnotherCoug
May 21, 12:17pm
I think the point is that way more than 4% of the population is living this way.
rad dawg
May 21, 12:31pm
It's true. I didn't account for someone being house poor.
justAnotherCoug
May 21, 1:12pm
I know the credit card balances of zero people outside my home. So… maybe?
russkiejedi
May 21, 10:07am
We all do. Our share of national debt is approaching $100,000 per person.
HenderCoug
May 21, 1:28pm
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