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Originally Posted by unit
yeah people who have good credit can easily have 60-70k on 3 cards but people who have this kind of credit card debt are probably not getting big credit limits when they sign up for new cards, or are they? since banks love people who are bad with credit are they looser with those people?
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You are probably right. I can probably go sign up with any big bank for a 20k cc right off the bat.
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Originally Posted by Badhobz
id probably slink away into the shadows if I were you. People like that eventually put themselves into positions where they'll ask you for money. And then BOOM!! there goes the friendship...
Is he Chinese? if he is, he's the worst Chinese I've ever heard of. He needs to go..... and take his fiscally irresponsible wife with him.
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He is Chinese. His mom has some money so he'll never go bankrupt. But funny you say that because I was talking with my wife about him when he told us they are pregnant. Yes congrats! But I think we probably can't be friends anymore because I won't be able to stand the BS he's gonna put his kids through.
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Originally Posted by Gumby
Wow, that's just one bad choice after another. They are in no financial position to be having kids.
Unfortunately, the poor kid will likely end up being raised by a struggling single parent.
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Funny you say that as well, because that's exactly what my wife and I think as well. They are engaged and aren't married, and quite frankly I think the girl will jet once the stress of raising a kid gets to her. She is hugely irresponsible where her lash appointment is more important than anything else.
People can change. One of the BEST mom's we know, I would have never put her as being a great mom, but damn having a kid changed her. But I'm not sure that's something that'll happen to this girl.
Part of the problem is apparently me. This friend of mine, he thinks I've made it and he wants to emulate me. I own a M3, so he tried his best with the M340. We bought a X3 when we had our first kid and he's also doing the same. I keep telling him I make 2.5x his income, but it doesn't seem to stick.