I Have 5 Credit Cards In Collections and I'm Being Sued!

I Have 5 Credit Cards In Collections and I'm Being Sued!

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• The Ramsey Show (Highlights):

[anonymous]

Making $100k a year and can’t pay off a $3400 credit card bill. Ridiculous.

[Ant]

Makes 100k. Owes BoA $3, 400. Of course they want the full amount dude. So irritating hearing these people who were willing to rack up the debt but unwilling to pay it back and always trying to negotiate and weasel their way out of it.

[ggwoman]

How can a person be "broke" on $100k a year? People are just too irresponsible these days.

[adamburge]

This is where I have a major disagreement with Dave. If you charged it, making $100k a year, be responsible and pay what you owe.

[SuperShadowboi]

Dave Ramsey: " How much do you owe BOA?"
Caller: "$3400"
Ramsey: " What's your household income?"
Caller: "$100, 000"
deserved to get sued.

[WorldOfMellie]

But you make 100k a year, dude pay your bills.

[bettysmith]

As soon as this guy mentioned he had a timeshare I figured out that he and his wife aren't too bright! These two will continue to have financial issues for life because they want to spend like the work in congress!

[JohnThomas-lksz]

As an attorney, I can verify that Dave nailed this.

[f.-j.j.]

Who else comes here to hear worse situations than themselves and feel better?
👀👀👀

[yaydog]

100k income and you can’t pay $3400 ? I’m lost

[johnsheridan]

I just finished paying off 7K in credit card debt between 2 cards. I accumulated this debt while I wasn’t working full time and in nursing school, as well as making some financially irresponsible decisions (which I’ve learned not to do anymore) I now make 75K/year as of January. Why did it take almost a year to pay this down even thought I make a good living? Well, cost of living in Boston, student loans, etc. I can see why perhaps they got into this situation, but I would never let it get to collections, and I wouldn’t rely on a settlement. I’m happy they are on track though.

[topsykretts]

Debt ruins your life. It makes you pay for the past instead of building for the future. Don’t go into debt.

[ScottMc]

Why is Bank of America a horrible company because they want to get the money they loaned him back?

[RiggyRonnie]

This guys living like he’s making 200k

[maureenpluthero]

Why should people get out of paying the debt they incurred? Why is the company the evil one when people spend money they do not have?

[ToddBaldwin]

"You're broke, you don't have any money." Dude makes $100k per year....I don't understand how some people are so entitled they don't believe they should have pay their bills. If you don't want to pay off your credit cards, stop buying stupid junk.

[myytchannel]

Tell a creditor you are filing for bankruptcy and talking to your lawyer. They will ask for the lawyer's name and address. Refuse. Tell them the lawyer will contact them, why are they in a hurry? They ask you when will you file? Tell them you do not need to tell them. Just that they should know your lawyer will be contacting them very soon.

[AGarnier]

Dave acts like it’s a crime to want your money back with interest that these people agreed to pay. Smh Bank of America, capital one, etc are businesses. If you don’t have the money don’t borrow. But it’s not a crime to want someone to honor their contract.

[mic]

Its crazy people trying to live beyond their means, I settled my car accident claim this past December after 2.5 yrs of zero income it was hard. I still had to pay my mortgage borrowed a lot from savings and CC, first thing I did when I received my cheque paid all my bills I have, I have my CC with a zero balance I didn't go out and buy a new car with the money instead I invested. I had a very good 6 figures in my account and completely forgot about it I was still spending like I was before my settlement.

[neneshubby]

He is so right. I used to work for a rent to own company and I was the accounts manager which translated meant I had to try to get people to pay their rental bill by any legal means necessary and I’d take people to small claims and I was exactly what Dave said. A 27 year old barely above minimum wage peon. Fortunately that was 25
years ago.