Comments on: Cutting Up Credit Cards http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/ Rapidminer Evangelism & Consulting Fri, 10 Feb 2012 14:59:20 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Tom http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/comment-page-1/#comment-1532 Tom Wed, 06 Feb 2008 20:40:46 +0000 http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/#comment-1532 I like to use the Pareto distribution instead. I like to use the Pareto distribution instead.

]]> By: sherry http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/comment-page-1/#comment-1530 sherry Wed, 06 Feb 2008 11:55:54 +0000 http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/#comment-1530 Then there's not much hope of the Gini coefficient changing any time soon! "If the world's population was reduced to a group of 10 people, one person would hold $99 and the remaining nine would share $1...." Then there’s not much hope of the Gini coefficient changing any time soon!

“If the world’s population was reduced to a group of 10 people, one person would hold $99 and the remaining nine would share $1….”

]]> By: Tom http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/comment-page-1/#comment-1529 Tom Wed, 06 Feb 2008 11:29:11 +0000 http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/#comment-1529 I think that people are slowly realizing that they're being fleeced by the banks and start to move back to sound financial management and budgeting. This only happens when people start feeling the pinch, once we have "good times" again, people will throw caution to wind and spend. The big banks know this and will figure out ways to capitalize on our weaknesses. I think that people are slowly realizing that they’re being fleeced by the banks and start to move back to sound financial management and budgeting.

This only happens when people start feeling the pinch, once we have “good times” again, people will throw caution to wind and spend.

The big banks know this and will figure out ways to capitalize on our weaknesses.

]]> By: sherry http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/comment-page-1/#comment-1526 sherry Wed, 06 Feb 2008 00:11:39 +0000 http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/#comment-1526 Suffice to say, banks have evolved from their humble roots to become the ultimate profit making machine. I found this forum, http://www.wiseclerk.com/ it lists discussion boards on 8 microlenders like Kiva and Prosper, maybe this will do to banks what Paypal did to Western Union. Suffice to say, banks have evolved from their humble roots to become the ultimate profit making machine.

I found this forum, http://www.wiseclerk.com/ it lists discussion boards on 8 microlenders like Kiva and Prosper, maybe this will do to banks what Paypal did to Western Union.

]]> By: Tom http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/comment-page-1/#comment-1525 Tom Tue, 05 Feb 2008 23:46:50 +0000 http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/#comment-1525 Or should I say, debt beat? Or should I say, debt beat?

]]> By: Tom http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/comment-page-1/#comment-1524 Tom Tue, 05 Feb 2008 23:45:57 +0000 http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/#comment-1524 Guess I'm a deadbeat then :) Guess I’m a deadbeat then :)

]]> By: sherry http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/comment-page-1/#comment-1523 sherry Tue, 05 Feb 2008 21:08:40 +0000 http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/#comment-1523 According to the credit card companies, you're a 'deadbeat' instead of a much loved 'revolver', http://wiki.answers.com/Q/Is_it_better_to_pay_the_full_amount_or_the_minimum_amount_on_a_credit_card According to the credit card companies, you’re a ‘deadbeat’ instead of a much loved ‘revolver’,

http://wiki.answers.com/Q/Is_it_better_to_pay_the_full_amount_or_the_minimum_amount_on_a_credit_card

]]> By: Daytona Beach Condos For Sale http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/comment-page-1/#comment-1518 Daytona Beach Condos For Sale Tue, 05 Feb 2008 12:43:30 +0000 http://www.neuralmarkettrends.com/2008/02/05/cutting-up-credit-cards/#comment-1518 I am of the same mindset right now. I have set up a plan to pay all but one off by end of this year and that one a few months after. I don't plan to use them anymore also. I am concerned as I plan to save for a home then and wonder if no credit will hurt me on credit reports? But I still plan to do it as I refuse to let them change the rules when I have large balances that effect all my lines of credit causing high interest rates and hardship. I love that show and watch it often and she sure did say that. I think the next thing people will default on are car and credit cards and those rates will sore even higher another reason to get out so not to pay someones elses misfortune. I am of the same mindset right now. I have set up a plan to pay all but one off by end of this year and that one a few months after. I don’t plan to use them anymore also. I am concerned as I plan to save for a home then and wonder if no credit will hurt me on credit reports? But I still plan to do it as I refuse to let them change the rules when I have large balances that effect all my lines of credit causing high interest rates and hardship.

I love that show and watch it often and she sure did say that.

I think the next thing people will default on are car and credit cards and those rates will sore even higher another reason to get out so not to pay someones elses misfortune.

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