- Centurion Member
- Posts: 994
- Joined: Sat Feb 21, 2015 3:35 pm
- Location: Claymont, DE
The moderators are, sorry to say, largely a joke. They are hypersensitive anytime anyone questions someone's decision to apply for a card for example. It's ridiculous. I guess they want people to app away, but it's just crazy.
The community there in general really frowns on anyone who says anything about their ideas making no sense. For example, people signing up for $450 AF Amex Platinum cards who don't even travel, or even a PRG....you are literally wasting inquiries for nothing. The cards benefit travelers and really no one else, considering you can't cash out at any reasonable value. Yet people with thin, fragile files who are just starting off are egged on to begin the game of "churning". It's clear that I dislike churning but even if I were all for it, I wouldn't be telling people new to building credit that it's a good idea! It makes me sad to see people who say they have a mortgage app coming up in the next 6 months, but have opened like 8 new credit cards in the past 4 months....you will pay for those rewards many, many, many times in higher mortgage interest.
MF is like some weird version of flyertalk. At least flyertalk is pretty blunt about the fact that they exist to help people game the system/points. MF pretends to be a haven for credit advice/building credit when in reality, it's some bizarre mix of gaming the system and just impulse bad decisions. Neither of which will get you far in building credit. Most newbies on there end up getting talked into taking on 5, 8, or 12 new cards, juggling rewards and payments, etc when not everyone is ready to do all that!
I never really feel that I attack anyone on there; I merely try to tell people plainly when I think they are being foolish/impulsive. Whether it has honestly stopped any bad behavior, I don't know. I try to remind myself that most people are not going to listen (and the ones who need to listen the most listen the least), and have already decided to do what they will, but it's hard because I want to help. *shrug