Stoozing-is it really right?

innovate

Tim_L wrote:

I have a feeling there's some trolling going on here.

LOL, you could well be right, Tim_L!!

But trolling or not, it's a great way to raise awareness about stoozing :snow_laug

dell_2

Tim_L wrote:

This is a bit of a sterile discussion, and I have a feeling there's some trolling going on here............... It is not really acceptable to ask others to prove a negative until you have made your own arguments.

Tim, edited for no other reason than to ensure easy reading.

This in my view is a considered and thoughtful post.

Although I do not agree with all you have said, I think it is in the "spirit" that Meher expected.

I "know" Meher from other boards, irrespective of the "rights or wrongs" of stoozing (personally I'm a user), I think this is the sort of constructive reply that she was looking for.

So whilst I can't say "thanks" to you for your view, please accept my thanks for taking the time to explain in your post.

tomstickland

I have no moral problems with stoozing. Credit card cos are offering 0% deals as a way of hooking some new business. Using a 0% offer for stoozing is the same as taking up a free offer for something, for example a free meal in a restaurant.

meheraltaf

Thanks angels from the arms..;) ashamed you lot saw me swimming in my own soup he he

Assure you Tim-no trolling going on, I asked very innocent question and really sincerely wished to get into the bottom of why even a question of morailty need to arise here in my mind. Could be that I was just having a look at the bankrptcy legislation and wondered on who bears with the written of debt and meeting with the costs of bankrupt people and thought to ask MSErs on the ethical side of stoozing to begin with.

Tim_L wrote:

This is a bit of a sterile discussion, and I have a feeling there's some trolling going on here.

Let me repeat: there is no issue of morality with stoozing, full stop, except for those taking the Biblical or Koranic exhortations (for example) on usury as literally applicable to commercial transactions, and even for those people this is more properly a matter of religious law rather than absolute morality (in the same way as it is not immoral to eat proscribed meat, it is forbidden).

Religious thinking does develop over time, but in terms of absolute morality I think I would personally suggest that (to take a couple of examples from Christianity and Islam) forbidding the use of condoms by African Catholics and fanning the flames of AIDS, or amputating hands for theft or stoning to death women who are believed to be adulterous would rank as slightly less moral in absolute terms than borrowing a few thousand pounds for 9 months from a credit card company.

Anyway, we can argue until doomsday on the merits of religious dogma relating to a personal choice to become a borrower or a lender, but anyone accepting a credit card for any reason has already decided to be a borrower, just as anyone opening a current account has decided to be a lender.

O dear-this part came across as being quite defensive...:D

Nevertheless, thanks for explaining-I perfectly understand that this is strictly business and just a role reversal of bank business and individuals-very clever and I really care for and appreciate people try to reduce interest on their debts-and happy stoozing

Ken68

It's been a good discussion, Meh., a valid posting raising an issue at the back of my own mind and bought to the surface in a gentle and civilised way.Thank you.

bethom

meher wrote:

Thanks angels from the arms..;) ashamed you lot saw me swimming in my own soup he he

Don't be and anytime for you

Some peeps just don't know where to draw the line. :rolleyes:

nearlyrich

Ken68 wrote:

It's been a good discussion, Meh., a valid posting raising an issue at the back of my own mind and bought to the surface in a gentle and civilised way.Thank you.

I agree it's an interesting debate, I used to be very wary of carrying a balance on my CCs but since reading about stoozing on this site I have done quite a bit of it.

I hope that everyone respects the convention that there is no such thing as a stupid question. And that everyone is nice to other moneysavers:xmassmile

moongarden

meheraltaf wrote:

I asked very innocent question and really sincerely wished to get into the bottom of why even a question of morailty need to arise here in my mind.

Meheraltaf which ethic, religious guidance or legal rules do you think this method of making money is in breach of?

personally i think the amount of money global corporations and financial institutions make per minute is obscene when people are homeless and children starving accross the world.

these are the banks who lend you a financial umbrella when its sunny but take it away when it rains.

Kantankrus_Mare

Errrrrr feel I should know the answer to this but excuse my ignorance.......What is trolling??

nearlyrich

Kantankrus_Mare wrote:

Errrrrr feel I should know the answer to this but excuse my ignorance.......What is trolling??

It's when saddos post provocative stuff on chat boards to inflame other users, that isn't the case here, the OP was genuinely interested in peoples' views. Nice to see you, it's been a while!:xmastree: