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 Weres the best bank to open an account?
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 Is it wise for me to get another credit card?
I'm a 23 year old college student. I currently have one card with a limit of $3000 and a balance of about $500 (which I am paying $100 every month to pay off). My aunt mentioned that I might ...


 What Credit cards should I close to maximize my score?
I just paid off all of my credit cards and now I'm left with the following cards all with zero balances (I know it's a lot, sorry):

Card Date Opened C...


 Can collection agencies call you on sunday to collect a debt?
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 Do you think we should stop making pennies???

Additional Details
tell me why you said what you ...


 If my credit card company goes into liquidation, does it mean my debt will be written off?
Or would they demand it be repaid right away?...


 My sister used my credit card without permission. Over 15,000. She is making monthly payments.?
If I report the unauthorized charges to Chase what will they do to her? She is making the monthly payment, and plans to pay it all off. Will Chase still press charges against her if she is willing to ...


 Had anyone hear of this loan company?
Hi,has anyone heard of a loan company called walker hammond,i applies for a loan from them but they said i had been accepted but needed a fee of £39.99....can anyone give me anysort of advise of ...


 Doctor's bill from the past!?
I received a letter of demand from the on-call doctor for my hospital stay almost 4 years ago. I was admitted for chest pain and irregular heartbeat. I felt 'Doc Q' was incompetent: S...


 Is having 5-6 credit cards bad for your credit score?
I heard that having too many credit cards was bad for your credit. If I have 4 Store Credit Cards and 1 Visa Card and am planning to get another FINAL major credit card...is that too much?...


 Is it a wise decision to use student loans to pay off credit cards?
I have no undergraduate loans at all and want to pay off my credit cards instead. I hope to pay off the student loans I use to pay off my credit cards before I graduate since I know I won't be ...


 With respect to credit card debt, whats wrong with transferring balances to a 0% card that has no xsfer fees?
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 Can I get credit card in a small town of Karnataka?
I wanted to have a credit card to set up an online business. But being in a small town place, I found out that it is not possible to have a credit card. Can I get one? If no, then can I have credit ...


 Payday and no pay?
payday today but not got paid...work for private company and have young child and bills to pay direct debits due to come out my account today but no money in bank to pay them....dont have my payslip ...


 What happens if you lose your job when you have applied for a credit card?
i have applied for a credit card and i told them that i had just been hired. i was there 2 weeks and they ended my contract. do i have to tell them i am now earning less and can i still use the ...


 I have no credit!?
I have no credit at all! I have been applying for credit cards to try and build my credit up but none of them is giving me a chance. I would really like some credit! I couldn't even switch to a ...


 Could some please explain a little about establishing good credit?
I really don't understand credit scores --- I don't have a credit card or anything -- could some please explain a little about establishing good credit -- what's a good credit score ...


 What id a good way to build credit?
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 Regarding credit cards and credit scores?
I have no credit and no job. I keep getting these "pre-approved" cards in the mail. I want to build credit so this is my strategy. Buy three cards A,B,C card A I buy 700 bucks is consumer ...


 What is a good website to get a payday loan?
I try to apply for one but it keep sending me to other loan pages....



heybulldog
Is borrower slave to the lender like the Bible says?

Additional Details
If anyone figures out what Duane is talking about, let me know.
                     
 




your_shortness
Rating
When you buy a house, on a 30 yr. term, and pay for it TWICE in the end- who would you say had the upper hand?

When you max out your $100 credit card and make the minimum $20 payment for 5+ yrs.- who would you say had the upper hand?

When your money stagnates in a checking and savings account (until you use it) however the bank consistantly uses it to it's advantage- who has the upper hand?

I could go on and on. The Bible reveals truth. Even today.


Jack
Rating
It's kind of like running away. You're always looking over your shoulder. Put another way, you jump when the person you owe says to jump. Unless you file for bankruptcy or pay off the debt, you'll always be answering in one way or another to the people you owe.

The borrower lender relationship ceases to exist after payment of the loan is made.


seekinganswers36
Yes, always!!!


mldjay
Yes.
Even in America today, there are share croppers. Farmers that are renting land and sharing their profits with the land owner. The tenant farmer is a "slave" to the land owner until they either make enough money to purchase their own land or move to a different job.
The Bible is still relevant today as it was when it was written. It isn't about Bible thumping it is about living a good life and following basic human right laws. Yes, Biblical lenders where much more physically forceful and cruel to the borrower. Today's lender is not physically cruel but they can be mentally cruel to the borrower. If the borrower over purchases and then misses a payment they get harassing phone calls and possible repossession (if the loan was for a car, home, land, etc).

It doesn't matter if you are a good payer or a bad payer, until that loan is paid off, you are slave to that institution (or person) by either the payment book or the harassing phone calls if in collection, etc.

BTW- Duane doesn't make sense. I think he just wanted to vent about a "Bible thumping" neighbor.


roginad
Do you have faith in Bible? If yes, then it is probably right. If not, then what we are talking about. Bible is not a scientific research.


RedbullRacingFan
Rating
dude, the bible stopped making sense 15 hundred years ago...


donniebre
When you borrow money, you are obliged to follow the terms of agreement, hardly slavery by todays standards, but none the less. Back in the good old biblical days I could imagine this being more of a literal phrase.

Ex: I will lend you the land you need to plant and harvest your crops but you will need to give me 60% of what you make and let me have relations with your daughters.


Jake
In current day and age the lender is slave to the borrower.
We all want the slice of the pie and good borrower (one that pays on time) is like gold. If they don't pay lenders are more likely to worry than the borrowers.


loanman
Rating
by biblical standards yes, by todays standards, no


Duane
Rating
Any borrower can be a slave to the lender whether the Bible says so or not if you as the borrower has no self control!
These days there are so many credit protection laws that the lenders are always looking for borrowers who are honest!

The person who stole my ID didn't believe in honesty, another important piece of biblical morals, wouldn't you say? Since he avoided the slave to the lender principle and put it all on me, does that make him one of the chosen few?

How about one of my neighbors in Seattle who went to church every Sunday and claimed to be a proud man of God because he read his bible every day and even included one in every used piece of garbage car he sold knowing it wouldn't outlast the loan. Is he one of the chosen few?? Just because the law says let the buyer beware!

I protect myself better now mainly because the local police and prosecutors in Seattle have no guts for anything law enforcement wise that does not provide another photo opportunity!

Having credit available to you means you are trustworthy! Not being able to control yourself is not your lenders fault!
Anyone with an reasonably high IQ can figure that out!

I will never fully understand how so many Bible thumpers I've met are so morally bankrupt themselves!

Are you trying to prove religion is mans biggest untreated mental illness? Most of the bible stopped making sense 1500 years ago! Lending was one way slaves, human beings, were bought and sold!!!!!!


tgp
Rating
In today's world especially in a divorce with children. the Custodial parent actually treats the non-custodial parent as a MONEY slave and can even have them jailed in some states for being behind on support.YES owing anyone that could demand payment in full at anytime is like being a slave to that person. The bank or CC company could demand payment in full then what??


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