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I just sealed my financial doom

Discussion in 'Chit-Chat' started by Spook50, Aug 6, 2005.

  1. Spook50

    Spook50 Get ready

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    Just got a new Alaska Airlines Visa gold from my bank. $3500 limit, so lukily not so much it'll tempt me to screw myself over...

    If I stick with only using it for gas and small stuff like going to see movies (DOOM! Hell yeah!), I should be alright.
     
  2. TLCA_Paul

    TLCA_Paul

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    Never use credit for something that will be gone before the payment is due.

    Food, Gas, Trips = Bad idea

    House, Car repairs, emergency, = just try not to do to much!
     
  3. Cruisin'Carolina

    Cruisin'Carolina

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    Yep. Ask me how I know. I have no CC debt. At least not anymore.
     
  4. lowtideride

    lowtideride

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    ahhh i thought ya got married.
     
  5. dieseldog

    dieseldog She idles just fine . . .

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    I only use credit cards for monthly cash flow-type items (those I'll pay off in-full each month). No finance charges whatsoever that way. It's a whole lot easier to jump into the 21st Century and pay for fuel at the pump rather than having to go inside to do so. I never use a debit card except to make the very few cash withdrawals. I don't carry much cash.

    But whatever works for you, that's all to the good.
     
  6. freightdog

    freightdog

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    I dropped my NV4500 a year ago - thankful for credit at that point - $3500 rebuilt tranny/Centerforce clutch/then said hell might as well rebuild the transfer case - (thanks Garie at MAF) and bam - happy to have the truck back on the road...and quick financing to do it...
     
  7. semlin

    semlin discouraged user

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    put it away except for emergencies. If you want to borrow money go negotiate a line of credit with your bank. It will cost you half the interest.
     
  8. DSRTRDR

    DSRTRDR I can mangle anything ... SILVER Star

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    Pay the card off in FULL on time every month and you will never have a problem. Do NOT accrue finance charges or late charges, absolutely not worth it. Convenience cannot be beat. And paying it off in full makes for an excellent credit score.
     
  9. TJDIV

    TJDIV Back in The U.P.

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    **** that s***....MAX IT OUT!!!!!!!!!!!!
     
  10. IDave

    IDave

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    I go along with Claudia's advice. Pay it off every month. Its a great way to build a credit rating, keep track of your spending, and to practice financial responsibility. I never use my CC for a loan to myself. But if you can't do that, chop it up or hide it.
     
  11. swank60

    swank60

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    I use mine for loan purposes only - but I always get 4% deals, etc. I pay about 20% over the minimum every month and have a 9% standard rate. I've had the card for about 4 years now and my credit line has gone from $5k to about $15k. People that look at your credit like that kind of stuff (even better than paying off the balance every year. I may be wrong, but I've heard that some CC companies won't even report that you're making payments if you do that...)
     
  12. swank60

    swank60

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    Wait, skip what I said - Tommy's got it. But if you max it out, spend it on hookers, booze or "massages" (make sure you get a happy ending). $3500 can get you a lot of skanky women! :D
     
  13. bh4rnnr

    bh4rnnr

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    Dont have one. All though sometimes it gets hard with checks..... But seeing my Friend Jason at work with 5 credit cards.. No thanks!
     
  14. semlin

    semlin discouraged user

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    just go to vegas and get it over with :grinpimp:
     
  15. NorCalDoug

    NorCalDoug problems solved daily...

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    They're fun to use at casinos and card rooms :flipoff2: :D

    How else are you gonna recover from that "all in" bluff?
     
  16. chuglife

    chuglife

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    go for a rub 'n a tug, like swank said.