I was the same for a very long time, thought that I was much better off not carrying any debt at all and that credit cards were all debt and used for buying things you really couldn't afford. I travel with my work and in the beginning just carried whatever cash I thought that I might need with me. I was robbed at gunpoint by two guys once outside of my truck with my pistol stuck in the crack between the seats in the truck. I decided then that I didn't need to carry near as much cash around with me.
yea I deal with the bank president and he just always tells me to "just bring the contract"
All that and a 630 credit score, I bet you sleep late too.
. I hate playing games, especially when I had 5 other cards.
No, that kind of advise was worth saying (and hearing) twice!
maybe one day i'll get some bills paid off and it will go up. glad the banker loaned me the 18k to buy my farm of 2 acres.
People with a chip on their shoulder see every one else as bragging. People who are confident and continent see it as just another discussion or even as encouragement.
Im seeing that here some, at our local stockyard the charge is 3%. The auction company i work for occasionally is also 3%.
I get charged for debt to. I think the bank charges them for taking plastic in what ever form it is.
Yep, Im back to carrying a checkbook.
I just bought a new car and since I wanted to drive it home and the cash would take 3/4 days to show up in the bank they ran my credit score and required me to take out a loan for what actually took 6 days before the car was paid off. About two years ago I had no credit rating because I was paying cash for everything using a debit card. So I got one of those 2% back credit cards and have been using it and now my credit score is over 800. And yet the bank that I have the card through and I used my debit card to pay for half the car... refused to do the loan. To be honest, I'd never do business with the bank except they are all over the country. I like my local bank much, much, much, (Did I say how much yet?) better than WF.I'm no spring chicken, on cash is important to me. We paid off crazy debt in short periods of time just to find out paying off debt doesn't help credit score. Paid cash for last two places but then needed to move closer to dhs work and wanted more land and that meant higher mortgage. Go to get mortgage and I don't qualify because I have zero credit. Lol doesn't matter how much I've paid off, what I own , there were only two places that would offer land loan and though my names on the cards, they considered them dhs score so I couldn't even be on house or land mortgage. He has credit score of 800 plus. I have no history.
So I got another business card in my name only to pay off monthly bills and now I'm offered everything because i have 870 credit
Ccs are great as long as you pay them off. Research shows most people spend 30% more per month than worth cash. I've started businesses with credit card offers ( watch those transfer fees), my dad made thousands with free offers and 70 different cards.
But most people spend more than they should and end up 20% interest when things are tough and it feels like free money. I've got in-laws with 70-100,000 debt on cards. Really easy to do when the cards keep upping your limit.
630 credit score needs some work - having too many you don't pay off, and having cards you don't use it don't use high enough reduces credit score. If you want to play the credit score game it's good to pay attention to what affects it. Or find places that realize credit score is pretty crummy way of determining how good a bet you are. But it's what banks here go on. Even local credit Union does it.
