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The pleasure of dealing with credit

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Message Robert Daily
The Pleasure of Dealing with Credit

Now you may ask, just what in the Hell has Credit got to do with what is going on in our government today, why is this guy writing something in a column like this. Patience please and I will attempt to show the connection. As we know by now, Corporate America has everything to do with Government America.

How else the taxpayers subsidizing someone as big as Walmart when the owners are worth Billions and making more every day. How else Petroleum Making the largest profits in history and being given billions in royalty free oil. How about Pharmaceuticals being covered to the point where they cannot be sued when their unproved drugs kill or harm someone. Even to the point of selling control of our major seaports, 6 that they are talking of but there is still mention made of 15 more that they are Not talking about.

How many of you have run afoul of your friendly credit company. You know the ones that continue to tell you your credit is so good, you have an unlimited credit line, you have been approved for even more credit. How about those TV commercials where if you buy with a credit card you get soooo much more.

How about that minimum you have to pay which when added up has you in debt for the rest of your life, instead of the $5,000.00 you owe you find it suddenly adds up to $30 or 40,000.00.

If you are among the fortunate you are able to make each and every payment, on time and in full. That is you read each and every statement and see whether or not they have changed the due date and whether or not the payment is always the same.

How about if you are late on one credit account it can affect all of them? How many of you have tried to keep up on your payments and asked the companies to help you out so you cn keep a good credit rating when they have hung up on you. How about making your payments and suddenly finding out the payment date has been changed and you are always paying a late payment penalty which is nearly twice of what your payment is.

Here is something you need to know. If your debt is bought up by a company that does those things and comes at you themselves or if you miss payments and it is taken over by a collection agency they can go to court and without your knowing it or without them or the court notifying you they can attach you bank account. Without your knowing it from that time on no matter how much money you have in the bank what checks you write are Bad Checks.

Do you know that the court can take what money you do have in the bank and give it to your creditors, if you owe them 500.00 and you have 400.00 to see you through the month for rent, food, heat, then you are out of luck, the creditor gets it all. Then when you find out and you try to go to the various venders and buy your check back you then find they have been turned over to someone else for collection and there is another $25.00 or $30.00 added one. A $5.00 check is now worth $30-50.00 Depending on if your bank also throws in a charge.

Now you might aske, how does he know that this is happening. Well, does experience count? I had to go into the hospital for surgery, one that I did not know if I would come back out of or not. In so doing I added my brothers name to my checking account in case I needed money or if he did. He has never used my account for anything.

He ran afoul of one of the credit companies and we went to court and he agreed to make certain payments. This stopped the credit company to continually add payment upon payment.; There was a set amount that he had to pay set by the court and the credit collectors. My brother went in for surgery and I had made the payments using one of my checks which had his name on it, even though it had nothing to do with him or his account. A payment was missed in all the turmoil three weeks in the hospital 200 miles away and major surgery can bring.

We suddenly find that my bank account has a stop put on it by the court, this notification is not from the court but came from my bank several days after the court order. In the mean time I had written checks for food and hardware only to find out that they bounced. Now, I have Bad Checks I have to chase down and explanations to make. I go to an Auto Parts store that I have shopped at for years and am told that my checks are no good according to the check company they use and I have to pay cash.

We end up in court again and my brother explains to the judge that he has nothing to do with my bank account that it was used as an emergency and the judge still wanted to turn over what money I had to my brothers creditors until he found out that we both survived on what we got through disability and social security. This put a new light on the subject. It turns out that they cannot attach these earnings, something that the judge could have informed us of in our first hearing before him but he did not.

I ended up closing all my accounts and opening new accounts but I am still fighting over the bad checks I have written. I have gone to the store and explained the circumstances I have had two stores, a grocery store and a hardware store willing to work along with me and take just what I owe, but the checks are now in another's hands and I am told that I have to pay an additional $25.00 on each of them which I refuse to do,

There is protection out there but government has made sure that it is for the corporations and not for the consumers. A person getting credit has no idea what they are getting themselves into and you can be sure there is no one out there willing to tell them.

After our court hearing and the judge removing the freeze from my bank accounts I asked the lawyer for General Electric Capitol Corporation just how could the bill be satisfied. He let me know in a hurry that he worked for them and was not interested in saying or hearing anything from me. In all this there has been no refusal to pay a bill that has been made, the problem has come from all the added charges and someone working along so they could be paid.

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I am closing in on 70 years. I write because I am forced to do so by the times. It being my way of trying to do something constructive. I write from the heart and as I believe things to be. If you think I am wrong do not ask me to prove myself, it (more...)
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