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re: How about a 3 year, 400 point credit hit for missing rent/mortgage or cashing COVID check
Posted on 4/1/20 at 2:13 pm to Kujo
Posted on 4/1/20 at 2:13 pm to Kujo
that COVID check is smaller than the amount i pay in taxes every month.
damn right i’m gonna cash it.
and will still have paid Uncle Sam more than he gave me.
damn right i’m gonna cash it.
and will still have paid Uncle Sam more than he gave me.
Posted on 4/1/20 at 2:14 pm to Kujo
You know, I’d be careful to be so quick to pass judgement on people you don’t know what their circumstances are, because you’re not in their shoes.
Posted on 4/1/20 at 2:21 pm to Kujo
How about large corporations that don't have enough money saved to last months?
If regular people are punished, I can't imagine how severe the punishment should be for stockholders and CEOs that have access to the "best" financial planning experts.
This post was edited on 4/1/20 at 2:36 pm
Posted on 4/1/20 at 2:23 pm to Kujo
quote:
How about a 3 year, 400 point credit hit for missing rent/mortgage or cashing COVID check
There's still time to delete this.
Posted on 4/1/20 at 2:24 pm to Kujo
quote:
YES! Credit risk downgrade for 3 years too. Means their credit lines will dry up(be more expensive), certain mutual funds/pensions would not be able to own their stock.
Yeah, let’s add a 2008-style credit crisis on top of what is already going to be an ugly assed recession. That’ll teach all those “irresponsible” people out there and absolutely won’t affect anyone else.
It’s incredible that some of you muppets manage to get out of bed without hurting yourselves.
This post was edited on 4/1/20 at 2:27 pm
Posted on 4/1/20 at 2:28 pm to NIH
quote:
OP is a legit serial killer type weirdo
This thread isn’t surprising
It's pretty weird to have an avatar of a guy from a porno to begin with but even weirder years after the "hype" died down from said porno.
Posted on 4/1/20 at 2:29 pm to GreatLakesTiger24
quote:
op is an idiot but people do need to be shamed for being so unprepared
Yes people should have an emergency fund, but who two months ago was saying, yep the government is going to come in and force me to shut down my business for my own good, and there is nothing I can do about it?
Posted on 4/1/20 at 2:35 pm to Kujo
Welfare, corporate w2 welfare. What’s the difference? The monetary system is ducked.
Posted on 4/1/20 at 2:39 pm to Kujo
quote:
Seems we are short-sighted and want to bail irresponsible people out every single time chicken little thinks the sky is falling
So the government who’s bailing out the banks and corporations closes down the country & the citizens are at fault?
You’re not very bright.
This post was edited on 4/1/20 at 2:40 pm
Posted on 4/1/20 at 2:39 pm to Kujo
How about being dead and not being able to pay it anyway?
Posted on 4/1/20 at 2:40 pm to Kujo
So you think the credit bureaus know what checks you cash? Ridiculous.
Posted on 4/1/20 at 2:46 pm to Kujo
Ever had to pay over 100K in salaries and other expenses every month (along with other major biz expenses) to cash flow a small business? Two months with zero revnues will cripple the most "financially responsible” b/c they want to make sure others are taken care of before themselves. Loans to keep 10 families afloat can be a HUGE burden inthe long run. Perhaps you should think before just posting your nonsensical dribble on the Internet.
This post was edited on 4/1/20 at 3:46 pm
Posted on 4/1/20 at 2:55 pm to Kujo
There isn’t a business that can survive on three months of zero revenue
Posted on 4/1/20 at 3:46 pm to SabiDojo
quote:
There isn’t a business that can survive on three months of zero revenue
^^^This
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