Sidewinder said:Just Games said:Don't ever go near a credit card ,save your money don't throw it away on interest.
That's good advice, I don't do credit cards at all, never have... I don't believe in 'em, and I've seen too many folks mired in credit card debt. Everything I need to do, I can do with my USAA Visa debit card. Those interest rates on credit cards are insane... I refuse to enslave myself in credit card debt. People tell me I can't live without a credit card, and I ask 'em why not? I own my home, I own my car, everything I own, I own free & clear... so the credit card pushing makes no sense to me. Insane credit card debt? No, thanks... banksters send credit card applications to my home on a regular basis, and those applications go straight into the trash can.
As for offering advice, well, never weed-whack in shorts and flip-flops...
Actually this is great advice! I had 700+ credit rating in 2008. But, when the financial markets had hard times my credit limit was cut in half even though I never missed a payment. I was kind of proud my credit history was so good. But, it never did anything for me except to help make other people money. I tried to buy something I needed. My card was declined. I was mad and thought the store made a mistake. I had super duper Platinum plus cards. Everybody was previously trying to give me credit. So, I called the credit card company right there in the store. The credit card company said they reduced my available credit to zero and wouldn't increase it. So, I paid off every credit card and credit account I had. Then I immediately locked my credit histories at all three credit reporting agencies. I've never used credit since then. I never have unlocked my credit histories either. It hasn't effected me one bit. Well, other then saving myself lots of interest payments. Credit AND credit history is just another scam business. People should only buy what they can afford using the money they already have. Credit keeps low income people in the poor house.