The SI Jinx and Credit Strategies

It's a personal and moral decision whether anyone wishes to challenge a bk or any credit account at Christmas or on technicalities. I will pass no judgment on those decisions and who makes them. I will only judge what's best for me.

As I contemplate the strategies Jim and Marie and others have outlined, a chilling thought came to mind. I will use an anology to draw my point.

The magazine Sports Illustrated for decades has been associated by what is known as the "SI Jinx" - shorthand for the Sports Illustrated Jinx. This jinx is based on the following: Whenever a sports team, such as a basketball or football team, has appeared on the cover of the magazine, that team invariably LOSES their next game.

Whether you believe in "The Jinx" is not my point. My point is a theory I have about the jinx and why it is relevent to credit strategies.

My theory is once a team starts playing well, gets hot, beats good teams, they are on a streak. And being on a streak garners notoriety and fame. And that visibility gets the attention of magazines, like Sports Illustrated, who promote their product with what's current.

But here's my point. Once a team gets hot and goes on a streak, that streak is ready to end (in most cases). The streak, the hot spell, is and has reached its conclusion. Most teams have streaks and only the great teams never get off of a streak. Most teams that appear on SI are in a streak that makes them "unusual" - and so the magazine covers them.

Here's my point. There is no jinx. In actuality, the team in question is now ready to lose. Other teams have noticed them and are ready to take on the headline grabber. And the other teams get emotionally ready to play a team that is in the spotlight.


What does this have to do with credit strategies?

I tell you what. If what DaveLV said is true, that credit card companies read this board, you can also figure that the CRAs are reading this board. And the strategies that Jim and Marie and others promote that work, do in fact work, but they may have reached their logical conclusion of success.

The credit card companies and banks are aware of these strategies, and the party may start to be over for others who wish to follow in the footsteps of the successful of credit rebuilding stategies.

This post should be taken seriously, for no other reason than to consider that it is worthwhile to take a second and think about risking a credit strategy.

My personal feeling is, believing in the analogy of the "SI Jinx," I feel I will be one of the unlucky ones who gets the short end with a CRA investigation aimed at me by someone who wants to shoot down a dispute strategy.

I want to say to this board that I enjoy it very much and find the strategies helpful and success stories encouraging as I rebuild my credit. I still may risk the disputing strategies outlined on this board.

I want to make it clear I do not work for a CRA or bank. I have real feelings of fear as I try to follow in the footsteps of the successful board members.