I thought the government should have required the banks to wipe every credit card clean when they did the "Too Big to Fail" bailout several years ago. They should have required those banks to provide affordable mortgage rates to first time home buyers that were given mortgages they could not afford. They used taxpayer money to do the bailout but the taxpayers were given nothing in return nor an agreement to pay back.
We got Corona now and people are beginning to stress, struggle and worry.
Call your creditors as they will work with you. PICK UP THE PHONE!!!! That's the best thing you can do in these times.. Landlords as well or any payments of any sorts coming up.
Just say you are out of work and can't pay and are strapped for cash now if true..
Tell them I'll try to make it up to you in the future. Do it if you are struggling, don't do it because you are being greedy and a self centered selfish prick trying to save or make a buck...
JIBBBY HAS SPOKEN on this topic.. Keeping it real..
Didn't JP Morgan Chase write off a bunch of Canadian debt in the last 18 months? Hey Jamie Diamond remember this? I hate banks but I hate stiffs that use them to run up debt and then file worse.
The US-based bank, part of the firm JPMorgan Chase & Co, announced in March 2018 that it was closing its two **** cards and leaving the Canadian credit card market after 13 years. It confirmed on Thursday that it was forgiving all outstanding debt owed by customers of its two Canadian ************.
Aug 9, 2019
Last edited by Purduekev; 03-19-20, 04:49 PM.
Reason: grammar
simple enough in theory but inevitably the major car repair gets thrown on the card. or the three tires get one free and an alignment gets thrown on the card and those minimum payments of 25.00 a month start to look tempting.
NEW YORK (AP) — The major banks in the U.S. are anticipating a flood of loan defaults as households and business customers take a big financial hit from the coronavirus pandemic.