CHESSNOID

Random Noid Musings

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Political Buyer’s Remorse

I have been reading a lot of good articles in the New York Times.  I still feel there is some hopeful writers in the press hoping that President Obama delivers on some of his campaign promises.  It’s been 10 months since he has taken office and I think more people are starting to realize he [...]

Credit card charge offs falling while delinquency rising. Right!

I have worked in collections for 20 years and though I don’t have internal reports to look at to determine why this is happening while unemployment has risen consistently for the last few quarters the answer is quite simple. Credit card companies allow collection accounts on the verge of being charged off to become [...]