Mogatu'r Posted September 10, 2008 Report Share Posted September 10, 2008 Just got all my statements yesterday showing 0 balance including the Amex , it took a huge sacrifice to make this happen, that and a large withdraw from my credit union lol. Now I'm starring at a stuff load of $$ in these plastic cards lol and now I'm dying to get me some instant gratification Bs dealio I'm just glad, and proud of my wife to help me do this !How about you? How much cc debt are you in? Link to comment Share on other sites More sharing options...
UnknownSoldier Posted September 10, 2008 Report Share Posted September 10, 2008 5 G'S bitches CCARD wise. Link to comment Share on other sites More sharing options...
Kibim Posted September 10, 2008 Report Share Posted September 10, 2008 My card has a $15k limit, but it comes and goes. I sometimes spend that in a week, and other times it goes for months untouched. Depends on how busy business is. Link to comment Share on other sites More sharing options...
matt b Posted September 10, 2008 Report Share Posted September 10, 2008 No credit cards, Amex gets paid off in full every month (even the no interest card). If I can't afford it right away, I'd rather not get it. Link to comment Share on other sites More sharing options...
TBM Posted September 10, 2008 Report Share Posted September 10, 2008 QUOTE (matt b @ Sep 10 2008, 10:31 AM) <{POST_SNAPBACK}>If I can't afford it right away, I'd rather not get it.Exactly. This is the biggest issue people in North America have...buying things they can't afford and drowning in debt. Like someone said..."they have everything, but own nothing." Link to comment Share on other sites More sharing options...
Kibim Posted September 10, 2008 Report Share Posted September 10, 2008 I should probably mention interest rates on cards here is around 17%, so you just DON'T sit on debt. Link to comment Share on other sites More sharing options...
Jippi 855 GLT Posted September 10, 2008 Report Share Posted September 10, 2008 4gs will be paid off in a few days Link to comment Share on other sites More sharing options...
JehovArob Posted September 10, 2008 Report Share Posted September 10, 2008 Exactly. This is the biggest issue people in North America have...buying things they can't afford and drowning in debt. Like someone said..."they have everything, but own nothing."Yeah. I hope I never exceed my spending. IF you're wise about 'em, credit cards are great. Get one that offers extended warranties and buyer insurance and use that for any important purchases. But, just make sure it's stuff you can afford, and pay it off down to $0 every time the bill comes in!I should probably mention interest rates on cards here is around 17%, so you just DON'T sit on debt.And if you're late on a payment, it goes up to like 25% Carrying CC debt is a sure-fire way to throw away assloads of money. Link to comment Share on other sites More sharing options...
Mogatu'r Posted September 10, 2008 Author Report Share Posted September 10, 2008 My card has a $15k limit, but it comes and goes. I sometimes spend that in a week, and other times it goes for months untouched. Depends on how busy business is. wow at first I was in shock, but then I read your business part. QUOTE (matt b @ Sep 10 2008, 02:31 PM) <{POST_SNAPBACK}>No credit cards, Amex gets paid off in full every month (even the no interest card). If I can't afford it right away, I'd rather not get it.I couldn't agree with you more - yet still, it is soo easy to get into debt, even making the $$ just to buy it outright. Link to comment Share on other sites More sharing options...
matt b Posted September 10, 2008 Report Share Posted September 10, 2008 wow at first I was in shock, but then I read your business part. I couldn't agree with you more - yet still, it is soo easy to get into debt, even making the $$ just to buy it outright.It is, you're right. As for the comment about this being a major problem in the US: my sister built up $15K in debt while in school in England. This isn't just a US thing, they give money out like it's candy everywhere. Link to comment Share on other sites More sharing options...
cheapwagon Posted September 10, 2008 Report Share Posted September 10, 2008 $0.00 I don't even have one anymore. I do keep a Paypal debit as kinda a secured credit card but I use it mainly for my business. Link to comment Share on other sites More sharing options...
bdimag Posted September 10, 2008 Report Share Posted September 10, 2008 even with like 9 different banks i'm only at about $1600.... hoping to get rid of 4 of those by the end of the month.... because god damn... Link to comment Share on other sites More sharing options...
Black Betty Posted September 10, 2008 Report Share Posted September 10, 2008 I got my first credit card and havent touched it once...except for last night i had to use it to pay for a book, I only use my debit card just because i feel like i should only spend what i have, that being said my credit line is also only 500 lol and had to pay 100 for that lol Link to comment Share on other sites More sharing options...
JESSEXC Posted September 10, 2008 Report Share Posted September 10, 2008 $761.84 and it will be paid by the next statement Link to comment Share on other sites More sharing options...
Account_Deleted_T5M Posted September 10, 2008 Report Share Posted September 10, 2008 I used to owe 3k on my CC cards due to some stupid decisions at Atlantic City while drunk, but on the 28th, i will only owe 400 Link to comment Share on other sites More sharing options...
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