Thread: Wife's credit card debt; court in May...

^ Makes me wonder why credit is so dangerous to otherwise sensible people. It's like some sort of drug. I never spend my entire salary let alone exceed it regularly by spending money I don't have. Luckily it has no appeal to me and hopefully to most people.

^I have only one credit card, which I use exclusively to order books on-line. Balance due is zero. Wife has none. Can't get out of control when you pay in cash - either you've got it, or you don't.

Face it she ain't the first thai married to a foreigner (or even another thai) who's lived beyond her means and winds up in trouble.

I do question the veracity of the statement that this is the "first she's heard of it". She knew full well and good what her debt was. Especially seeing as banks go way outta their way to let their debtors know what's what.

I'd say it's a good thing you don't have the money to pay off the debt! If you did that even if you cut up her c/c's, the banks wills offer her new ones with even higher limits.

A good friend of mine, paid off his wife's c/c's not one but twice. She's got platinum cards now from all the banks is is over a couple million in debt, All she can manage now is to pay the monthly fees to carry the debts.. He said he's gonna let her go under on her own.

In the eyes of the powers-that-b here you're NOT married, because a dog-n-pony-show thai wedding ceremony doesn't count for anything. By that I mean you have no exposure on this. It's her deal to sink or swim with.

Good Luck

Originally Posted by rickschoppers

^
Not just Thai women. I divorced my ex in the US for just this reason. She also signed my name on two signature cards to get even more CCs. Women seem to be very good at hiding all their overspending from their spouses.

My recommendation is to walk away since she will never change.

recomended

Originally Posted by 2020Fission

6 grand sterling hardly buy you a second hand car, hardly big time, few gifts , greedy relatives, plenty of juice, I was offered that on once card once when self employed , wisely chose to return the cardand always pay cash

As others comment if the person is foolish,fraudulent or just stupid time for a hike, fortunately there is more than one lady in Thailand seeking company and some of them are keepers

send me a phone number, two if they are that common.

Originally Posted by flyfisher davis

Originally Posted by Davis Knowlton

Well, we'll never know until/unless the OP shows up again.

Not to worry, I'll keep all of you posted...I am freaking out...

crowd fund, oh silly me that comes later. i'll wait then. 555

Just make sure that if she's been ordered to go to court that she actually does go to court![/quote]

why the red bull kant ignores the court. he should be up for murder.

i'm fucking near speachless, wot some shit advise. lom, he should be gone already. not married not his prob not his business, he gives a fuck for wot. my psychological take on this is , we have a man without the balls to do wot is obviouse, he's stated his fear of being to old to move on ffs, u make your bed bud, lumpy mattress,? get a new fucking mattress. bud u aint got a prob, you're making a prob ... bud is that all your fucking life is worth? go back to nyc, or jump . stop the bleeding heart bullshit. fuckeroff. oh did i say fuckeroff... over and out.

Not exactly the same I know, but I know two farang who have had to pay off their wives' gambling debts under threat of "coercion", although in fairness they were living overseas and isolated, so naturally gravitated towards other Thais with nothing to do.

I also remember some farang going mental down in Phuket because his wife gambled away the family car.

Clearly the OP has no idea what his "wife" is up to and she's expecting him to bail her out.

Give it the elbow I say.

Doesnt only happen with women. The Mrs sisters ex husband is a gambler and drinker he has mortgaged his mothers house to the hilt, had his car and motorbike taken off him for non payment of loans, lost a good job and is about 400,000b in debt but he is confident he will have a big win one day and pay it all off.

Originally Posted by harrybarracuda

Clearly the OP has no idea what his "wife" is up to and she's expecting him to bail her out.

You're jumping the gun Harry. The OP has never said she's expecting him to bail her out. He said

I can't afford to bail her out.

in his opening post.

B...b...but the thread works so much better that way.

Teakdoor members on reading the opening post.

Originally Posted by Pragmatic

Originally Posted by harrybarracuda

Clearly the OP has no idea what his "wife" is up to and she's expecting him to bail her out.

You're jumping the gun Harry. The OP has never said she's expecting him to bail her out. He said

I can't afford to bail her out.

in his opening post.

The two are not mutually exclusive.

Originally Posted by Pragmatic

Teakdoor members on reading the opening post.

WOT no pitchforks?

That's not a proper baying mob.

Originally Posted by Davis Knowlton

^I have only one credit card, which I use exclusively to order books on-line. Balance due is zero. Wife has none. Can't get out of control when you pay in cash - either you've got it, or you don't.

Davis, I haven't had a credit card in over 12 years and have purchased everything online with a debit card, even airline tickets. The only time it seemed to have been a problem was renting a car in the US. They seem to want only credit cards at many rental agencies for some reason. I see no reason to own a credit card at this point of my life.

^OK. I don't know the difference between a debit card and a credit card. I did forget, however, that I have on occasion used my credit card during trips for the reasons you mentioned. I pay in cash, but they require a card swipe as a guarantee.

Things would probably be different if I lived in the US, where it appears nobody ever uses cash.

Originally Posted by Davis Knowlton

^OK. I don't know the difference between a debit card and a credit card. I did forget, however, that I have on occasion used my credit card during trips for the reasons you mentioned. I pay in cash, but they require a card swipe as a guarantee.

Things would probably be different if I lived in the US, where it appears nobody ever uses cash.

Debit cards require that you have the money in the bank first. If you don't, your debit card will be declined. Credit cards allow you to charge up to, and sometimes past, your credit limit. Most people justify credit cards to use in the case of emergencies, but then consider everything an emergency and get overextended. Interest rates used to be insane on the unpaid balance, but now the government has stepped in and capped it.

I used my debit card the same as cash over in the US, but since retiring to Thailand, I pay cash for everything except plane tickets and hotel rooms booked online.

Likewise. Have an SCB debit card. Have never used it for anything more than ATM withdrawals.

Originally Posted by rickschoppers

Originally Posted by Davis Knowlton

^OK. I don't know the difference between a debit card and a credit card. I did forget, however, that I have on occasion used my credit card during trips for the reasons you mentioned. I pay in cash, but they require a card swipe as a guarantee.

Things would probably be different if I lived in the US, where it appears nobody ever uses cash.

Debit cards require that you have the money in the bank first. If you don't, your debit card will be declined. Credit cards allow you to charge up to, and sometimes past, your credit limit. Most people justify credit cards to use in the case of emergencies, but then consider everything an emergency and get overextended. Interest rates used to be insane on the unpaid balance, but now the government has stepped in and capped it.

I used my debit card the same as cash over in the US, but since retiring to Thailand, I pay cash for everything except plane tickets and hotel rooms booked online.

There is complete difference between "Credit Card", "Debit Card" and "Charge Card".

Patrick

^^ Uh oh, that's not going to help his hangover

Originally Posted by rickschoppers

Most people justify credit cards to use in the case of emergencies, but then consider everything an emergency and get overextended.

True, but used right a credit card can actually be pretty beneficial. Like here in the states there are cards that will give you money back for every purchase. If you own a Citicard, for example, you get 2% cash back on every transaction.

I charge pretty much everything to my credit cards these days, pay them all off before the end of the month so no interest is ever paid. Get a little bit of cash back and have a pretty nice credit score in case I ever need money for something like a home loan or whatever.

But if you're not disciplined, yeah credit cards are basically shit.