Viewing profile — throwawaycert

Snark is a normal interaction in civilized society and academia and has been throughout recorded history. It has nothing to do with the internet. Feel free to delete my account fro…

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You don’t ask a scammer “are you a scammer”. And there is no “Quantum Computing Industry” yet outside some scams and hype. We remain nowhere near real quantum viability. And Musk h…

Pffft. The WEF is a celebrity getaway in the Swiss alps for the same people who caused the 2008 crisis and got away with it. If they’re making that prediction in good faith, it’d b…

If the customer is using it as an excuse, yes I would. They’re trying to weasel out of their responsibilities, responsibilities they almost certainly incurred voluntarily. If you d…

I’m not the one who accused someone of a crime based on a late fee.

But you're putting nonsense in the creditor's mouth. You don't know what the conversation was like, you only have the summary of one person who feels wronged.

"You" have statistics attached to you. Default rates, lifespan, cancer risk. Given people A and B in similar life and financial situations, A or B might defy the statistics that sa…

What are these "grave and hidden responsibilities" you're talking about? Paying your bills is hardly an obscure pastime. As for your PS, I don't respond to conspiracy theories.

If it's not, they're wasting money for no reason, and someone will come along and do the same thing without giving the credit bureaus any money. They're not actually legally oblige…

Ah, you may be right, but even that still makes the report valid. Let me tell you what I hear as a business person if you tell me my letter to you was misdelivered: "My mail delive…

Committed or were complicit in the fraud and got in too deep to recover from the inevitable crash. This has all been widely and loudly reported on for a decade. There's a reason pe…

This isn't complicated. You incur a debt, you pay it. If you can't, people aren't going to want to do business with you, and will quite reasonably refuse. You are trying to make ev…

Ah, but there is no indication they didn't. What happened is that the check was sent, but did not arrive. In other words, the customer and his agent (the postal service, probably) …

They didn't. Pension plans and individual investors are not sophisticated financial organizations. They rely on those that are to do their job in a non-fraudulent manner. They didn…

Well, the study just published by a lifelong Republican tells you being wrong is more likely.

If Osama bin Laden's ghost appears to you and says "There will not be a terrorist attack in New York tomorrow.", and then there is, and this repeats a few times, the fact that his …

That doesn't seem relevant to the question of whether credit scores are statistically useful.

The contract you agree to for credit cards or other forms of debt you choose to take on will specify things like late fees and that it's up to the company's discretion whether they…

It's not that weird. If your score is, say, 750, 50 points is about a 7 percent change. My finances very easily vary 7% from month to month! 50 points also isn't likely to make muc…

It is not my job to go out and manage my customer's finances and take their credit cards or write myself checks from their accounts, and I'd be quite rightly arrested for theft if …

I know. :) It's fun in two ways, in fact. In one way, I could say "See? New Mexican companies are all criminals!", but in the other, I can point out that Microsoft, while scrappy, …

That was something subtly different. The banks more or less knew they were taking poor risks, the problem is it wasn't their risk to take . They quietly packaged these bad mortgage…

If you don't pay your bills, I think it's entirely reasonable for businesses to tell each other about that so you don't defraud them out of a lot of money.

Large financial organizations have teams of analysts whose entire job is to relate consumer information, such as credit scores, to statistical outcomes. If the credit scores weren'…