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Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

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Old 10-06-2010, 10:31 PM   #1
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jobless and a high credit limit

Say at the moment you have no jobs and the future doesn't look too bright, is racking up credit cards a fun way to do some vacations, shopping, etc if you're given a 100K limit??

spend the 100k then file bankruptcy, that's like 100k of free $$$ credit card companies shouldn't have loaned out to you without knowing the person doesn't have the ability to repay.
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Old 10-06-2010, 10:33 PM   #2
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Say at the moment you have no jobs and the future doesn't look too bright, is racking up credit cards a fun way to do some vacations, shopping, etc if you're given a 100K limit??

spend the 100k then file bankruptcy, that's like 100k of free $$$ credit card companies shouldn't have loaned out to you without knowing the person doesn't have the ability to repay.
how u get limit liek dat iz so high $100k but no job, impossibre???
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Old 10-06-2010, 10:35 PM   #3
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Old 10-06-2010, 10:37 PM   #4
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as tempting as it sounds, messing up your credit for at least 7 years after that just can't be a smart idea... So many things may change in your life which you cannot predict... not worth the quick joy ride now
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Old 10-06-2010, 10:37 PM   #5
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how u get limit liek dat iz so high $100k but no job, impossibre???
dunno man, i have like 4 or 5 credit cards with limits of atleast 10G's each. i lie that i work for my father and that i make 50,000 a year when i applied for these cards.
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Old 10-06-2010, 10:40 PM   #6
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fucking up your credit rating is the dumbest thing you could ever do
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Old 10-06-2010, 10:41 PM   #7
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Don't do it.. You'll never be able to get a mortgage for a house.. Or anything else for that matter. Sure it's seems like a good idea at the time, but in 7 years, you'll probably look back and want to knock yourself out.
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Old 10-06-2010, 10:43 PM   #8
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fucking up your credit rating is the dumbest thing you could ever do

my old man is gonna gift me a condo in a year or two so i wouldn't need credit to buy a place. but maybe if i want to start a business of my own or something

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Old 10-06-2010, 10:43 PM   #9
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Old 10-06-2010, 10:45 PM   #10
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nonono, here's a better idea...
since you're going to do that anyways, apply for more credit!
borrow against your LOC, hell get your parents to co-sign on a loan!!!
why stop at 100k?
Making it 1mil!!
or you could be a fucking responsible person, and own up to your debt, and learn to manage your money. With a thinking process like that, you'll never dig yourself out of that hole.
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Old 10-06-2010, 10:52 PM   #11
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Old 10-06-2010, 10:56 PM   #12
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i wish you stayed banned
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Old 10-06-2010, 10:58 PM   #13
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worked that 12k up to 100k huh...
http://www.revscene.net/forums/perso....html?t=618442
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Old 10-06-2010, 11:17 PM   #14
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just do it
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Old 10-06-2010, 11:26 PM   #15
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Fuckheads like this guy,that pull scams like this,is one of the reasons why CC companies charge such high interest rates,unfortunately the honest people pay for it.
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Old 10-06-2010, 11:50 PM   #16
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fucking up your credit rating is the most dumbest thing you can do, your gonna be fucked later down the road for sure.
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Old 10-07-2010, 12:06 AM   #17
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In response to Spyker, central banks decide how much money should be printed in Canada, the States and pretty much the whole world. They fund both sides of wars and are the plague on this planet.

Milk them for as much as you can and by the way, I sell expensive "art pieces" if your interested in liquidating some of that money
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Old 10-07-2010, 12:28 AM   #18
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I think this is a brilliant idea Bankruptcy is like a financial gift from the gods.

No I'm not kidding. First bankruptcy is on record for seven years, nobody NEEDS credit to survive, I have never had a loan or had any debt, live within your means for the next seven years after the 100k see the world free vacation lol.

Nevermind the argument about bankruptcy destroying your credit, some people manage to go bankrupt, and then within two years end up filing for a second bankruptcy lol So getting credit after bankruptcy is obviously not impossible.

Kind of a retared thread though hahaha.
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Old 10-07-2010, 01:20 AM   #19
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In response to Spyker, central banks decide how much money should be printed in Canada, the States and pretty much the whole world. They fund both sides of wars and are the plague on this planet.

Milk them for as much as you can and by the way, I sell expensive "art pieces" if your interested in liquidating some of that money
central banks just manage the mediums of exchange, aka money, in relation to the countries economic health, political policies, agendas, etc.

you could say they fund the war, but so do people.. doesn't make it ethical to kill people. but i like your salesmen justification though lol it would have me convinced if i didnt know much about economics
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Old 10-07-2010, 01:33 AM   #20
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Old 10-07-2010, 01:37 AM   #21
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GO FOR IT OP
FUCK THE SYSTEM
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Old 10-07-2010, 02:42 AM   #22
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central banks just manage the mediums of exchange, aka money, in relation to the countries economic health, political policies, agendas, etc.

you could say they fund the war, but so do people.. doesn't make it ethical to kill people. but i like your salesmen justification though lol it would have me convinced if i didnt know much about economics
"just manage the medium of exchange"... watch the documentary "money as debt" and the other videos its makers have made and you would change your mind.

I dont know what you mean as people funding the war too, the owners of the central banks are people/families who decide this stuff I guess, but stealing from the man is justified by all means.
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Old 10-07-2010, 06:34 AM   #23
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Old 10-07-2010, 06:37 AM   #24
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DUDE! If you can cash advance the 10k from each of your credit card. File bankcruptcy afterwards and then open up a business. With a business, you can easily rebuild your credit with a secured credit card. But I can't think of any business you can start with 100k.
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Old 10-07-2010, 06:59 AM   #25
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mr85 and diesel test should hang out and share stories of how they got in debt and ways to keep getting themselves into more debt
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