[speaker002:] okay credit cards they leave a bad taste in my mouth
[speaker001:] uh yeah they've sort of left a bad taste in my mouth too I've been sort of irresponsible a couple of years ago and I'm still paying for the the my own stupidity
[speaker002:] yeah yeah well the thing I hate about them I went through a divorce
[speaker001:] uh-huh
[speaker002:] and I will never own another joint credit card
[speaker001:] oh you're
[speaker002:] because uh even if in the divorce decree one is agrees to pay it
[speaker001:] uh-huh
[speaker002:] if you're a cosigner on it they'll still come after you
[speaker001:] if the other person doesn't
[speaker002:] if the other person doesn't
[speaker001:] yeah
[speaker002:] and boy that that's that's a rotten deal
[speaker001:] oh I'd I'd say so and isn't it isn't it now on those those cards was it um mostly her that that ran up the bills yeah
[speaker002:] yeah yeah about twenty thousand dollars worth
[speaker001:] twenty thousand
[speaker002:] I can't imagine any anybody letting somebody charge that much on a credit card
[speaker001:] wholly smokes
[speaker002:] but uh they call me I sent them a copy of the divorce decree and told them I refuse to pay it
[speaker001:] yeah that's got to be like
[speaker002:] and
[speaker001:] close to what a thousand bucks a month
[speaker002:] yeah and they said well I'm sorry even though the card is in her name you you're a cosigner on it and I I threatened you know legal action and everything I I don't know I've sent them a letter and I said I want this removed from from my credit
[speaker001:] uh-huh
[speaker002:] rating and uh haven't heard anything back but I haven't run a credit check either
[speaker001:] right yeah you might be worth your while to run one of them thirty dollar uh
[speaker002:] yeah
[speaker001:] credit checks just to find out what it says
[speaker002:] yeah but uh that's uh I'll never own another joint
[speaker001:] yeah
[speaker002:] credit card
[speaker001:] I need to find I need my credit card mostly for uh just government travel you know um
[speaker002:] yeah
[speaker001:] uh program manager for the Air Force and uh I uh I have to go on uh travel quite a bit to contractors facilities and when I do I have to have the hotel and all that kind of stuff but I've been trying to curtail my use of it to to nothing except with the exception of uh of them those type things
[speaker002:] yeah
[speaker001:] yeah
[speaker002:] and I also found out something else uh for your information and I don't know if you're married or not
[speaker001:] no I'm not
[speaker002:] but uh one of the credit cards the uh the account was paid off
[speaker001:] uh-huh
[speaker002:] oh it was paid off for a couple of years never even used it and then all of a sudden I got a phone call from them saying uh uh she's behind in her payments and I said well I don't care she's my ex-wife
[speaker001:] yeah
[speaker002:] and uh they said well your name is still on file as cosigner
[speaker001:] oh gee
[speaker002:] so even dormant credit cards you have uh you you have to go and send them a copy and tell them you're not responsible for any bills
[speaker001:] right
[speaker002:] but uh it it can turn into a mess
[speaker001:] sounds like it so the the credit card was inactive
[speaker002:] yeah it was inactive and I never sent them a copy of the divorce decree or anything because they wasn't even mentioned in the divorce decree as to which party would pay what what
[speaker001:] when you right right oh my gosh
[speaker002:] because the the credit card was zero it was you know don't and it was dormant
[speaker001:] yeah guess the the bottom line is uh you got to be darn sure you're marrying the right person when you
[speaker002:] that's right
[speaker001:] when you do that too but uh I guess a divorce in any
[speaker002:] yeah
[speaker001:] circumstance doesn't normally they're sir
[speaker002:] either that or make or each each party have their own own uh credit card not a joint
[speaker001:] yeah that's for sure I know I happen to know of a different guy who um a girl I used to date her brother and his his wife ran up thousands of dollars in credit well I guess they're they are both responsible for the stupid things but um
[speaker002:] yeah
[speaker001:] had a similar situation and then it was almost like he couldn't get a divorce because uh uh I guess she didn't even work or anything and then he would've been
[speaker002:] yeah
[speaker001:] strapped with everything
[speaker002:] yeah he would have been stuck with everything yeah
[speaker001:] I
[speaker002:] yeah
[speaker001:] I remember
[speaker002:] about the only credit cards I have now are are gas cards
[speaker001:] uh-huh
[speaker002:] but they're in my name only
[speaker001:] yeah well I know I'm about uh thinking about doing a getting a consolidation loan just to lump everything together so that and it's down to one payment and then just get rid of all these old accounts and just work on a cash only
[speaker002:] yeah little yeah
[speaker001:] system because uh I'm just I am very sort of irked at this at these credit card companies and you know they got you
[speaker002:] yeah and uh you'll get letters in the mail where they want to increase your credit line
[speaker001:] and right
[speaker002:] and uh and it also makes it bad because you can't deduct that interest now
[speaker001:] no no
[speaker002:] you know at least you used to get some relief by being able to deduct deduct all that interest and finance charges
[speaker001:] right right
[speaker002:] can't even do that anymore
[speaker001:] yeah yeah I remember uh was it two years ago or they did away with it last year right
[speaker002:] yeah
[speaker001:] yeah
[speaker002:] well you uh this last year was ten percent
[speaker001:] uh-huh
[speaker002:] this next time it's zero
[speaker001:] yeah well remember my refund on my income tax was a lot bigger uh two years ago than it was this year
[speaker002:] yeah
[speaker001:] that's for sure
[speaker002:] yeah about only the only interest you can deduct now are is a house payment mortgage interest and uh
[speaker001:] right right
[speaker002:] and taxes but uh
[speaker001:] I
[speaker002:] credit cards you can
[speaker001:] I can't even declare that here because uh in my situation because it's uh uh not until I sell it the the way it works for me because I own it as
[speaker002:] uh-huh
[speaker001:] jointly with my father and uh
[speaker002:] yeah
[speaker001:] the they've changed those or it's a ends up getting classified as a rental property and it's not classified as a regular family dwelling so there's some reason we can't
[speaker002:] right right
[speaker001:] declare any mortgage interest
[speaker002:] do you do you or your father either one have it homesteaded
[speaker001:] um do you mean do we do I live in it or
[speaker002:] no no homesteaded
[speaker001:] what what does that mean
[speaker002:] uh in Texas uh you get a uh a big tax break if you if you call what they homestead it you have to sign a piece of paper that says this is my primary residence and and I live here
[speaker001:] oh oh and well that would be an interesting situation because I'm a resident of Pennsylvania and uh because I'm in the Air Force and um I'm living here in New York so I can I can't even vote here
[speaker002:] oh yeah
[speaker001:] a property owner but I can't vote
[speaker002:] huh yeah
[speaker001:] so
[speaker002:] that's crazy
[speaker001:] yeah well that's only fair because the reason I'm a resident resident of Pennsylvania is because they don't charge military income tax
[speaker002:] oh that's so
[speaker001:] so and so it's like Texas Texas doesn't either
[speaker002:] yeah
[speaker001:] uh
[speaker002:] at least now
[speaker001:] yeah or
[speaker002:] they're they're talking about instituting a uh state income tax
[speaker001:] yeah
[speaker002:] everything else that that would bring in money the uh the the people want it but the uh the congress or Texas State Congress and so forth won't pass a bill to do it like a uh lottery
[speaker001:] uh-huh
[speaker002:] they've been trying to get a lottery I think the last poll they had here seventy percent of the population voted wanted a lottery
[speaker001:] right
[speaker002:] and yet the uh the House voted it down the Texas House voted it down
[speaker001:] huh
[speaker002:] they all they want to do is increase property taxes and
[speaker001:] sure
[speaker002:] put a income tax in
[speaker001:] well I don't know just getting back to the subject of credit cards I think the best uh thing maybe is that even though the American Express charges the annual fee is the American Express card is it makes you pay it every month
[speaker002:] it makes you right it makes you pay it
[speaker001:] yeah
[speaker002:] I I do have an American Express but I got it through uh TI
[speaker001:] yeah I've got a Diner's Club through the government as well yeah they
[speaker002:] it's a it's a yeah it's a yeah it's a corporate
[speaker001:] they force us to have yeah uh government Diner's Club and I had an American Express of my own I probably if I was smart I'd get rid of the American Express and get
[speaker002:] yeah
[speaker001:] stop paying that annual fee on it but
[speaker002:] yeah and if you're late on this on my American Express they write TI
[speaker001:] ooh
[speaker002:] since it's a corporate corporate American
[speaker001:] yeah that that's not good
[speaker002:] and if you don't pay it you get a call from your supervisor saying why hasn't this been paid
[speaker001:] yeah oh jeez
[speaker002:] so you don't dare run up anything on it that you can't you know that you can't pay that's that's the problem with credit cards it it's
[speaker001:] really
[speaker002:] people don't think of it as cash
[speaker001:] no
[speaker002:] they think of it like uh monopoly money that hey I can just charge this
[speaker001:] right
[speaker002:] and pay it wherever I feel like it
[speaker001:] yeah it's like going oh I'll have that money by the end of the month and then end of the month comes around and you get your insurance bill comes and
[speaker002:] yeah
[speaker001:] a few other things and then you're like oh jeez hey
[speaker002:] right yeah
[speaker001:] yeah I know that feeling
[speaker002:] huh  so I guess the the secret's not to have credit cards
[speaker001:] yeah oh well I'm getting to just about to that point myself so
[speaker002:] well I guess we've been I'm surprised they hadn't beeped in and said your ten minutes is up
[speaker001:] yeah really they've been
[speaker002:] they've been uh even before ten minutes here lately they've been saying you should cut it off
[speaker001:] oh really I haven't I it I actually haven't timed any of them I just kind of go into conversation ends on it's own or uh or that uh that they do come in with that so well anyway it was nice
[speaker002:] well listen I've enjoyed talking with you
[speaker001:] yeah it's nice talking to you Jerry and uh