This is my reaction to a great post from fellow BA blogger and consumer advocate Elliott:
As a travel/points blogger on BoardingArea myself who unfortunately cannot get affiliate links on my site (meaning I’m not biased), I’d have to disagree with the premise that the bloggers are to blame for the uninformed decisions of those applying.
Yes there are those who shove the latest Chase card down everyone’s throats every chance they get but come on, what happened to being responsible with one’s finances?
This is the same problem I have with people who took out ARM mortgages and blamed the banks when they couldn’t refinance their million dollar house at an affordable rate even though their reported household annual income was 50k. Those people were trying to flip a house for a profit much like a points player is trying to churn points for a free ride. Both got caught, both are unhappy and looking for someone to blame.
To be clear, this is separate from predatory lending practices that duped consumers into taking out subprime loans that no one underwriter in his right mind would approve. This has to do with irresponsible people who get in over their heads because they see “2 Free Hyatt Nights” and go out and buy a plasma TV to meet the minimum spend. In fact, if they were paying more attention to the BA bloggers and understood MS better they wouldn’t wind up in their current predicament.
As a final example, take the Fair Debt Collection Practices Act (FDCPA) a law intended to protect consumers from overzealous debt collectors. Some consumers manipulate their debt by trying to file suit against the debt collector simply because they don’t want to pay the debt they rightfully owe. These plaintiffs who usually file pro se run this scheme over and over until it is the debt collector who is paying the debtor.
In the words of Mike Ditka, “Come on Man!”
And having just spent all this time writing this comment, I think I’m going to post it on my blog to further the discussion.
Keep churning my friends.
#ThePointsOfLife Legal Disclaimer: Only those who are disciplined with their finances should partake in this hobby. Otherwise, you may find yourself submerged in credit card debt, staying for free in a double room that will certainly not have a view of the ocean but may have a complimentary gym.