whoa! I have *credit*

Toggle sidebar Toggle sidebar
B

BigToque

Lifer
Oct 10, 1999
11,700
0
76
I got my first credit card today. $500 limit.

NO going into debt for me though. I will make sure that I will not make purchases that I 100% know I will have cash for.

If I had a camera, I would have shown you guys my parents faces when they found out I actually had one :D (then they gave me a big speach about being responsible, cause they would not bail me out if I got in trouble with it.)

(now I can order all those pr0n subscriptions I always wanted :eek::))
 
ElFenix

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,405
8,581
126
thats what you say now... but down the line... you'll see that brand spanking new dual athlon and you'll want it and...

bah, $500 ain't debt... $500 is pocket change
 
G

gittyup

Diamond Member
Nov 7, 2000
5,036
0
0
Can't just about anybody get a credit card these days. I mean they were practically handing them out when I was in college.
 
A

aimn

Banned
Feb 14, 2001
683
0
0
Take this advice from a semi old man. Be careful with your credit! Be careful with your credit! Be careful with your credit! Be careful with your credit! Be careful with your credit! Once you ruin it.....you are hurtin for a long time. It takes forever to get decent credit again! It is nice to have credit when you need it. When you dont have credit, life gets a whole lot tougher. Did I say be careful with your credit?
 
B

BigToque

Lifer
Oct 10, 1999
11,700
0
76


<< thats what you say now... but down the line... you'll see that brand spanking new dual athlon and you'll want it and... >>





<< Credit Cards are EVIL :| >>



well, since I don't have the upgrade itch many here seem to have, I think I'll be fine :D
 
B

blueghost75

Golden Member
Dec 12, 2000
1,086
0
0
i more or less have a credit card. its really my dad's but i make any purchases i need to on it, and I write him a check for what is mine when the bill comes. he never really asks what it is that i bought, though....
 

Credit cards used well are a good thing to have.
They can help build credit and centralize your spending, of course thats if your responsible with the payments.
 
F

flot

Diamond Member
Feb 24, 2000
3,197
0
0
Credit cards are a good thing, they will help you get through life. BUT... be very, very, careful. It doesn't matter if you owe 95% of your credit limit all the time - whatever you do, MAKE AT LEAST YOUR MINIMUM PAYMENT ON TIME, EVERY TIME.

Obviously paying more is better. But when you go to buy a car, house, etc, it's amazing how little screwups like forgetting to send in the $30 one month will come back to haunt you.
 
RossMAN

RossMAN

Grand Nagus
Feb 24, 2000
79,079
455
136
Credit cards are indeed evil, just wait until your $500 goes to $1,000 to $2,000 to $2,500 to $5,000 and so on.
 
U

Urinal Mint

Platinum Member
Jan 16, 2000
2,074
0
0


<< Credit cards are a good thing, they will help you get through life. BUT... be very, very, careful. It doesn't matter if you owe 95% of your credit limit all the time - whatever you do, MAKE AT LEAST YOUR MINIMUM PAYMENT ON TIME, EVERY TIME.

Obviously paying more is better. But when you go to buy a car, house, etc, it's amazing how little screwups like forgetting to send in the $30 one month will come back to haunt you. >>



Lemme guess, you're up to your ass in credit debt. Better advice is to keep a $0 balance on it at all times, paying off any charges before the grace period ends. I know, I made minimum payments for 2 years in college and came out in even more debt. Just put the damned thing away and keep it for emergencies.
 
RichieZ

RichieZ

Diamond Member
Jun 1, 2000
6,551
40
91
My limit is $1000, i always pay it off tho. Most I think I've ever spent is $600 in one month.
 
U

urameatball

Platinum Member
Jan 19, 2001
2,770
0
0
make sure you don't do what I just did today.

I have a mastercard which I rarely use... it's usually for internet transactions. Anyway, for the last 2 months, I didn't purchase anything with my creditcard so I just left the bills that they mailed to me unopened...

today, I just opened it and saw I was owing $140 with accumulated $6.00 interest... turns out I forgot I made an automatic transfer few months ago... AAK!!!

Anyway, on a side note, some dumb bank called me yesterday and approved a platinum card for me. I was in a good mood so I agreed with it and let them send me one. Anyway, I don't plan on using the platinum card, So I'll just hang it on my wall and scratch out the electronic pin on the back. It'll make a nice ornament for my room! :)


lastly, CREDITCARDS ARE EVIL. I forth that ;) (just be responsible)
 
N

nateholtrop

Diamond Member
Jun 8, 2000
5,349
0
0
lol i said tghat EXACT same thing you did haha i have a 470 dollar bill now from my cc...hehe

nate
 
S

SpongeBob

Platinum Member
Jan 16, 2001
2,825
0
76
Ugh! I have three credit cards(One's even a Platinum!). The problem is, I am what's known as an impulse buyer. Credit cards + impulse buying = Not too happy SpongeBob when bills come every month.
 
P

Phunktion

Platinum Member
Jan 29, 2001
2,502
0
0


<< I got my first credit card today. $500 limit.
NO going into debt for me though. I will make sure that I will not make purchases that I 100% know I will have cash for. >>


You sound just like me when I got my first credit card.. now I'm $2200 in debt (Stupid Hot Deals ;))when I originally started with a $500 credit card :( But hey on a good note, being in debt isn't necessarily that bad because I've paid $50 a month as long as I've had them and now my credit rating is very good and of course the limits of the two cards I have are at $1500 each..
 
You must log in or register to reply here.

TRENDING THREADS

COMPANY
RESOURCES
FOLLOW
Top Bottom