"Mayo" > wrote in message ...
> On 8/21/2014 12:42 AM, Julie Bove wrote:
>>
>> "Mayo" > wrote in message ...
>>> On 8/20/2014 8:35 AM, Brooklyn1 wrote:
>>>> On Tue, 19 Aug 2014 21:32:19 -0700, "Cheri" >
>>>> wrote:
>>>>
>>>>>
>>>>> "Mayo" > wrote in message
>>>>> ...
>>>>>> On 8/19/2014 7:20 PM, Cheri wrote:
>>>>>>>
>>>>>>> "Mayo" > wrote in message
>>>>>>> ...
>>>>>>>> On 8/19/2014 5:23 PM, Cheri wrote:
>>>>>>>>>
>>>>>>>>> "Mayo" > wrote in message
>>>>>>>>> ...
>>>>>>>>>> On 8/19/2014 1:46 PM, Cheri wrote:
>>>>>>>>>>>
>>>>>>>>>>>
>>>>>>>>>>>> On 8/19/2014 1:00 PM, Sqwertz wrote:
>>>>>>>>>>>
>>>>>>>>>>>>> They're
>>>>>>>>>>>>> charging you simply because they're greedy *******s.
>>>>>>>>>>>>>
>>>>>>>>>>>>> -sw
>>>>>>>>>>>
>>>>>>>>>>> And first in line for a bailout too.
>>>>>>>>>>>
>>>>>>>>>>> Cheri
>>>>>>>>>>
>>>>>>>>>> Because we all know less damage would have happened had they
>>>>>>>>>> simply
>>>>>>>>>> failed, yes?
>>>>>>>>>
>>>>>>>>> Which has nothing at all to do with being greedy *******s, not
>>>>>>>>> giving
>>>>>>>>> back to their customers but expecting a bailout when things go
>>>>>>>>> wrong.
>>>>>>>>> Their fees are ridiculous.
>>>>>>>>>
>>>>>>>>> Cheri
>>>>>>>>
>>>>>>>> Giving back what to their customers, less fees?
>>>>>>>
>>>>>>> Yes, they have raised fees for checking, checks, credit cards, out
>>>>>>> of
>>>>>>> system ATM use etc. I would be nice to lower the fees once in awhile
>>>>>>> especially when holding out your hand for bailouts from the
>>>>>>> taxpayers.
>>>>>>>
>>>>>>> Cheri
>>>>>>
>>>>>> The best thing they could and have done is to quit writing liar loan
>>>>>> paper.
>>>>>
>>>>> You think!
>>>>>
>>>>> Cheri
>>>>
>>>> Banks don't fail, people fail...
>>>
>>> Semantics.
>>>
>>>> personal debt has grown out of
>>>> control... very few people have savings anymore, hardly anyone owns
>>>> anything... 95% of late model cars on the road are leased.
>>>
>>>
>>> It would be nice if you had a clue what you're misrepresenting here.
>>>
>>> http://www.hispanicbusiness.com/2013...tcies_down.htm
>>>
>>>
>>> U.S. Consumer Debt and Bankruptcies Down
>>> August 5, 2013
>>>
>>> https://secure.marke****ch.com/story...ain-2013-05-14
>>>
>>>
>>> WASHINGTON (Marke****ch) — The total amount of debt held by Americans
>>> fell again in the first three months of the year and stood at the
>>> lowest level since the middle of 2006, the New York Federal Reserve
>>> said Tuesday.
>>>
>>> The steady retreat in household debt is a good sign for the economy.
>>> With fewer loans to pay off, Americans are in a better position to
>>> spend and drive U.S. growth higher, especially if they become more
>>> confident about the future. Many economists have cited weak household
>>> finances as a chief cause of the slow U.S. recovery nearly four years
>>> after the Great Recession ended.
>>>
>>> The level of household debt in the first quarter fell by $110 billion,
>>> or 1%, to $11.23 trillion, mainly because consumers reduced mortgage
>>> balances and used their credit cards less.
>>>
>>> Household debt is now 11.4% lower versus a peak of $12.68 trillion in
>>> 2008.
>>>
>>> Mortgage debt slid to $7.93 trillion from $8.03 trillion to mark the
>>> lowest amount since late 2006. Mortgage debt fell in the first quarter
>>> even though more home loans were issued than in the last three months
>>> of 2012.
>>>
>>> Lower interest rates have allowed many homeowners to refinance their
>>> mortgages and sharply reduce their monthly payments.
>>
>> We have a mortgage and two car loans. When and if that owed VA money
>> comes in, my car will be paid in full. In the meantime, it likely will
>> be paid off early anyhoo. Husband has been paying on his car for longer
>> so it is due to be paid off sooner. Daughter will get her car free and
>> clear. We owe nothing else to anyone.
>
>
> You represent the present trend in paying down debt and avoiding adding
> more.
I guess so. And I was really trying to keep the van for longer but when it
started acting up and charging forward when I applied the brakes, I knew it
was time to go. This was a known problem for Windstars and nobody,
including Ford was able to solve the problem. I would rather not be making
two car payments much less one car payment. I also never thought I would
have a brand new car. However, I needed a car that day and could not find a
used car that was any newer than the van for a better price.