Storms are 20% more destructive than just four years ago (warning - deceptive thread title)

[SkyDekker 1,465]

On 9/30/2024 at 5:25 PM, brenthutch said:

We measured it by the dollars revolved.

Dollars revolved? What does that mean? They wouldn't know when my payment date is.

[SkyDekker 1,465]

23 hours ago, brenthutch said:

Banks report after the close of the billing cycle.

This is simply not true.

[billvon 3,075]

1 hour ago, SkyDekker said:

This is simply not true.

And how is that relevant to his posts?

[brenthutch 444]

9 hours ago, SkyDekker said:

Dollars revolved? What does that mean? They wouldn't know when my payment date is.

Are you saying your CC bank doesn’t know when your account is cycled?

8 hours ago, billvon said:

[brenthutch 444]

9 hours ago, SkyDekker said:

This is simply not true.

Perhaps in not every single instance, however the industry standard (albeit unofficial) is that we report after the account cycles.

[jakee 1,563]

4 hours ago, brenthutch said:

Perhaps in not every single instance, however the industry standard (albeit unofficial) is that we report after the account cycles.

Right - so when TK said that in his case it did affect his credit score and you implied he didn't know how credit scores were calculated you (stay with me here because this bit is complicated) were wrong.

[wolfriverjoe 1,523]

6 hours ago, jakee said:

Right - so when TK said that in his case it did affect his credit score and you implied he didn't know how credit scores were calculated you (stay with me here because this bit is complicated) were wrong.

There's also the fact that the balance is never actually 'zero'.

In my case, the statement is issued on the 7th of the month. The bill is payable by the 2nd of the following month.
So I have most of a month to put charges on the card before last month's bill is due.

So when I pay the bill, I have almost a full month's worth of charges already accumulated.

And that amount goes against my 'available credit', affecting my score.

[jakee 1,563]

Indeed, a thing plainly obvious to everyone who’s ever owned a credit card and set up automated payments. 
 

Didn’t I say it’d be fun to see just how long Brent spends arguing against reality on a topic that doesn’t even matter?

[gowlerk 2,251]

1 hour ago, wolfriverjoe said:

In my case, the statement is issued on the 7th of the month. The bill is payable by the 2nd of the following month.

I pay mine within a day of getting an email notice that it is ready. I guess that makes me a sucker.

[gowlerk 2,251]

3 minutes ago, jakee said:

Didn’t I say it’d be fun to see just how long Brent spends arguing against reality on a topic that doesn’t even matter?

As much as I don't want to interact with him or even read his nonsense I do admit that it is sometimes enjoyable to watch as he is made a fool of over and over again. 

[SkyDekker 1,465]

12 hours ago, brenthutch said:

Are you saying your CC bank doesn’t know when your account is cycled?

Sure the bank knows, the credit reporting agency doesn't. Like I said, I never carry a balance on my credit cards, ever. My credit report always says I have a balance on my credit cards. So that money is likely include din all these doomsday reports about levels of credit card debt, which is what my original point was.

[SkyDekker 1,465]

12 hours ago, brenthutch said:

Perhaps in not every single instance, however the industry standard (albeit unofficial) is that we report after the account cycles.

Statement date or payment date? What are new charges at that point? My balance is never $0 yet I don't "revolve" any dollars. (I think that is what you meant by that. Though I think you are just misusing the term revolving credit)

[Phil1111 1,149]

On 10/3/2024 at 8:03 AM, gowlerk said:

As much as I don't want to interact with him or even read his nonsense I do admit that it is sometimes enjoyable to watch as he is made a fool of over and over again. 

But there is also a danger in such conduct. Meteorologists Face Harassment and Death Threats Amid Hurricane Disinformation Weather experts say the spiraling falsehoods, especially claims that the government is creating or controlling storms, have gotten out of hand.

As MAGA republicans become more inculcated with trump inspired violent responses this shouldn't be unexpected. These ideas mesh nicely with project 2025 and the abolishment of the department of education.

[wolfriverjoe 1,523]

11 hours ago, Phil1111 said:

But there is also a danger in such conduct. Meteorologists Face Harassment and Death Threats Amid Hurricane Disinformation Weather experts say the spiraling falsehoods, especially claims that the government is creating or controlling storms, have gotten out of hand.

As MAGA republicans become more inculcated with trump inspired violent responses this shouldn't be unexpected. These ideas mesh nicely with project 2025 and the abolishment of the department of education.

Well, it's more than just meteorologists.

FEMA in North Carolina has had to curtail certain operations in certain places because of idiots making threats.

https://apnews.com/article/fema-threats-disaster-workers-rutherford-county-armed-militia-dbb6b5727eaa12e79f307bf38a4b6256

Yet those same idiots complain that the government isn't helping enough.

I'm reminded of the 'Jive translation' scene from "Airplane". 
 

 

[brenthutch 444]

On 10/3/2024 at 8:55 AM, wolfriverjoe said:

There's also the fact that the balance is never actually 'zero'.

In my case, the statement is issued on the 7th of the month. The bill is payable by the 2nd of the following month.
So I have most of a month to put charges on the card before last month's bill is due.

So when I pay the bill, I have almost a full month's worth of charges already accumulated.

And that amount goes against my 'available credit', affecting my score.

You are correct, the thirty day grace period only applies if you accrue a balance on day one and pay it off by the end of the billing cycle. If even a penny remains on your account, it will be billed on your average daily balance. Of course there may be exceptions.