- Centurion Member
- Posts: 4913
- Joined: Sun May 20, 2012 4:35 pm
- Location: WI
I know you know your stuff, but you know, I'm paranoid by nature, sometimes it serves you well, and I could picture that even if that is the case, with the system slanted almost totally in their favor, they'd probably turn it over to some vulture agency who would try to collect on the ETF and put an entry in my credit report that would obliterate my score. And good luck trying to dispute it away. Sure maybe the vultures never sue you for it, as you could show up in court and demonstrate what they are suing about is bogus, but that doesn't even really matter - what matters is they can blackmail you into paying by the threat of destroying your credit. Naturally if your credit is already shot you have little or nothing to lose....but in my case, it would suck and end up costing me way more than I'd save in the long run. They know this, they aren't dumb. Evil but not dumb.