The URL parser is homophobic (+ applications for personal finance (+ warm clothing))
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I understand... but it's quite simple. I don't buy something unless I can afford to pay for it.
It doesn't make any difference whether I pay now or at the end of the month. It 'feels' just the same as if I pay by debit card: I don't actually hand over physical money, but I know it's costing me that much, and I have the thing I bought. The only difference is that I have a bill racking up instead of a balance counting down. Do you also find it hard to put on a
jumperwarm garment worn over lighter clothing, such as the item known in British English as a jumper, and in USAlien as a pullover instead of turning up the heating, because you don't have to pay the gas bill until the end of the month/quarter?Sure, if an emergency happens and I absolutely can't pay for all essentials plus the unexpected expense, I will end up in debt, but that has nothing to do with whether I'm paying on credit or debit (except that I can wait until my pay comes through at the end of the month and so have this month's and next month's surplus income/avoidable expenditures to draw on), and I have much cheaper credit available to me with a credit card than I would have if my only option was a payday loan.
I guess when you say addiction, maybe it is. But it's not like heroin, it's like alcohol. Most people who drink are not alcoholics. They know when they've had enough and they're able to be sensible about how much and how often they drink so that their livers don't implode. If you're a 'recovering spendaholic' then maybe it is best for you not to use credit at all, but would you say no-one should ever drink, because there's a risk that some of them will get addicted?
The point at issue is whether the credit card providers would rather you pay your bills as they come due, or carry a balance on which you will also pay them interest. Only what they earn from you, not what they earn from merchants, has any bearing on that.
No it isn't. No-one's disputing that. The point at issue before you confused it was whether they would rather you make a payment on time every month, but not the whole balance, or make the same payment late. Have you ever had a credit card? What happens is, you get a bill, and get a date by which a payment is due. You also get a 'minimum payment'. If you make the minimum payment by the time specified, you have paid on time.
This is how the that line of the conversation started:
@JazzyJosh said:
I'm not trying to say that they don't prefer people who continually carry a balance but pay on time,
They actually prefer people who carry a balance and don't pay on time.
...so we were explicitly talking about people who 'carry a balance' which means 'don't pay off in full'. The question is whether they prefer you to make the minimum (or whatever) payment on time every time, so they get it reliably, or late, so they can charge you a fee.
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Do you also find it hard to put on a jumper instead of turning up the heating, because you don't have to pay the gas bill until the end of the month/quarter?
Jumper?
I don't wear those things. And it does not seem that insulative either. ;)
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*Visa's Zero Liability Policy covers U.S.-issued cards and does not apply to certain commercial card transactions, or any transactions not processed by Visa. You must notify your financial institution immediately of any unauthorized use.
Sounds like it's basically just fancy talk then. At most it saves you $50.
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Or, they don't want you to just wait for weeks while some asshole racks up a huge bill that they will be liable for. They cover you for fraudulent activity, not your own idiocy.
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First time I've ever seen a dress called a jumper. @CarrieVS was talking about one of these:
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Oh, a sweater. Your Brits have strange words for things.
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Fixed.
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I thought a sweater was USAlien for sweatshirt, which is subtly different from a jumper.
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Especially purchase things like airline tickets, because there are also other procedures that can help you out. Back in 198x, I bought an airline ticket and, 3 days before the trip, the airline went bankrupt. Called it in to the credit card company, they refunded the charge and filed with the bankruptcy court, so I didn't have to deal with the charge or the bankruptcy.
I'll have to dig up some documentation on the chargeback process; I can't recall if it's possible to run a chargeback on a debit card or not.
Nope. I got a mortgage at prime interest rate with an incalculable credit score. It just requires manual underwriting.
Same for car loans, I bet -- in fact, if I bought a car, I probably could get it financed through the CU I'm a member of (we run a system where our loan officers have underwriting authority).
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I thought a sweater was USAlien for sweatshirt
No, a sweatshirt and a sweater are different.
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I'll have to dig up some documentation on the chargeback process; I can't recall if it's possible to run a chargeback on a debit card or not.
It's a much longer process AFAIK and the money isn't put back into your account until the charge was reversed.
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I find the credit card companies absolutely despicable.
It never ceases to amaze me what people get worked up about.
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No, a sweatshirt and a sweater are different.
So... what do Yanks call a sweatshirt?
And if jumper translates to sweater, what's a pullover?
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I made a post above, you should read it.
I saw it. I see no relevance to my (admittedly implied) question regarding consumer rights on legitimate purchases and things going wrong afterwards; it seems to relate only to what happens after you've had a card lost/stolen and someone else uses it illegitimately.
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Are there any meaningful differences between credit and debit cards over there with regards to any sort of protection?
The bank told me the protection level was tied to the logo on the card (in my case, VISA), not whether the card was debit or credit. This was years ago.
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what do Yanks call a sweatshirt?
A sweatshirt.
Typically these days, a hoodie:
http://www.justsweatshirts.com/images/ws2003meritas_grey_hires.jpg
But also a sweatshirt without a hood:
http://ak1.polyvoreimg.com/cgi/img-thing/size/l/tid/67024774.jpg
A sweater is more like:
http://frtexline.com/wp-content/uploads/2015/02/argyle-sweater-mens.jpg
NFI what a pullover is, it's one of those fashion terms I don't really get.
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Oh
Pretty much fuckall. Like I said, you can probably get a charge reversed, but it's a longer process and you don't have access to that money until it's complete.
Meanwhile credit cards offer things like Price Protection, and Extended Warranty
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NFI what a pullover is, it's one of those fashion terms I don't really get.
I call a fleece that only zips part way a pullover. I have NFC about fashion though, so do not take that as gospel.
(am I the only person who thinks "near field communication" instead of "no fucking clue" when they see NFC?)
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am I the only person who thinks "near field communication" instead of "no fucking clue" when they see NFC?
That's why I've started using NFI instead XD
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...notifications are a to getting work done.
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Like I said, you can probably get a charge reversed, but it's a longer process and you don't have access to that money until it's complete.
You keep saying that, as though if you do it will soon become true. I had access to my money the very next day when I lost my card. There was no long and involved process.
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I had access to my money the very next day when I lost my card.
We're talking about legitimate transactions going wrong. Or, if you prefer:
And when the holiday company that you booked with goes bust, how long before (or even if) you get your money back?
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Huh. Well. In the language they speak in England, which for want of a better term I shall call 'English', a jumper is knitted and a sweatshirt is made of ... a particular sort of thing that has no name that I've ever heard other than 'sweatshirt material'. Tracksuit bottoms (which I've always thought are the same thing as what USAliens term 'sweatpants', but I don't have any actual evidence) are made of the same thing.
Sweatshirts may or may not open.
Jumpers rarely open, I think if they did they'd usually become a cardigan, but cardigans are typically quite light, I'm not sure if that would hold for a chunky jumper.
Fleeces are made of, well, fleece, and may open entirely, part-way, or not at all.
A hoodie has a hood, it's usually a hooded sweatshirt, but could be fleece. Not really sure whether a hooded jumper would count.
...I own this garment that's knitted, opens, has a hood, and is pretty chunky. I have no idea at all whether it's a hoodie, a jumper, or a cardigan.
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This is how the that line of the conversation started:
@JazzyJosh said:
I'm not trying to say that they don't prefer people who continually carry a balance but pay on time,
They actually prefer people who carry a balance and don't pay on time.
...so we were explicitly talking about people who 'carry a balance' which means 'don't pay off in full'.
Actually that exchange was about half way through a longer conversation:
Maybe the companies you dealt with are shit, but there should be no interest charged if you paid last months bill in full and paid the current month's bill in full.
All credit card companies are shit.
I disagree.
It would be another matter entirely if you had to pay interest to a bank to get a good credit score, but you don't.
Do you know what credit card companies call people who do what you do? (Pay off your balance every month, etc) They call you a "deadbeat".
No they don't. I still generate money for them through interchange fees.
I'm not trying to say that they don't prefer people who continually carry a balance but pay on time, but it's not like they're losing money on me. There is no way they are losing money on me.
They are not, but they have still lumped you in the bucket of "deadbeats". I don't do business with fucking assholes like that.
They actually prefer people who carry a balance and don't pay on time.
So I shall cling fiercely to my completely inconsequential and quite possibly erroneous position until it is pried from my cold, dead hands.
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@Polygeekery said:
am I the only person who thinks "near field communication" instead of "no fucking clue" when they see NFC?
That's why I've started using NFI instead XD
Nice "improvement": from Near Field Communication to Near Field Interference...
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...I own this garment that's knitted, opens, has a hood, and is pretty chunky. I have no idea at all whether it's a hoodie, a jumper, or a cardigan.
That's clearly a jumpoodiegan.
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Tracksuit bottoms (which I've always thought are the same thing as what USAliens term 'sweatpants', but I don't have any actual evidence)
Basically yes.
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Tracksuit bottoms (which I've always thought are the same thing as what USAliens term 'sweatpants', but I don't have any actual evidence) are made of the same thing.
No, they're joggers; tracksuit bottoms are those brightly-coloured nylon trousers chavs wear ;)
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Sweatpants are definitely different from track pants. Track pants are thin, Sweatpants are very thick.
Sweat:
http://www.showmylogo.com/sweatshirts/print_sweatpants.jpg
Track:
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Let's talk about yoga pants so we have an excuse to post pictures.
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Leggings? Tights? Pantyhose? Which of those things are synonymous?
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Yes, I know we were talking about people who don't carry a balance before that. But that particular point came up where I quoted.
Paraphrasing and taking out the irrelevant bits:
[You don't pay any interest if you pay in full every month]
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[Credit card companies don't like people who do that]
[They still make money off that. But of course they make more off people who continually carry a balance but pay on time.]
[They make even more off people who carry a balance and don't pay on time]
The bit I quoted stands independently of the bit before it, but you seem to have conflated two separate ideas (understandably, since both were discussed).
So I shall cling fiercely to my completely inconsequential and
quite possiblyerroneous position until it is pried from my cold, dead hands.*Shoots @flabdablet*
*Waits for @flabdablet's dead hands to reach room temperature before prying the position away from them*
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Less arguing. More yoga pants.
http://media.cmgdigital.com/shared/lt/lt_cache/thumbnail/960/img/photos/2014/02/12/37/5f/ppUQReK.jpg
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Leggings? Tights? Pantyhose? Which of those things are synonymous?
Leggings and tights, but it doesn't matter because they are all glorious.
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@Yamikuronue said:
Leggings? Tights? Pantyhose? Which of those things are synonymous?
Leggings and tights, but it doesn't matter because they are all glorious.
No, tights and pantyhose; leggings are usually opaque enough to be trousers
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MST3K, watching a medieval movie:
The smelliest time in history, and all the men wear leggings...
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*opens replacement chromebook*
You like it?
It's yours.
What, the chromebook? Does the trackpad work? I like my laptop but the trackpad is broken and I can't get hold of a replacement anywhere.
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No, tights and pantyhose; leggings are usually opaque enough to be trousers
Maybe on your side of the pond.
Tights:
Leggings:
Pantyhose are not typically worn without something over top of them...maybe around the house to seduce your SO. But that would be it.
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Tights also cover the feet; they're leggings
Not running tights. Or, as they are known around my house "those things my wife cannot wear around me unless she wants to be groped."