Yes, I read it. And I recognized the pattern of "good behavior then quick regression" that I'd seen in old friends. One person was doing fine, then bought a car

Yes, I read it. And I recognized the pattern of "good behavior then quick regression" that I'd seen in old friends. One person was doing fine, then bought a car and, when it had trouble, stopped paying knowing full well they'd repossess it. At the same time they max'd credit cards and were stealing money from me. It's not a rebuttal, just saying that "fraud" implies some prior intent, when it is potentially more of an addict-like behavior in most cases. Either way, stopping the accounts is in creditor's best interest as the end result is the same.