Dharma1521
Soooo do I look as young as I look?
Uhoh hun, Suze Orman is coming for you.
Its true. She has a sensor that goes off in her head when a loyal follower invokes her name.
Uhoh hun, Suze Orman is coming for you.
No, it doesn't. Seriously. High utilization effects it, but carrying a small balance has little, if any, effect...
Its not just about the balance. I find it hard to believe that if you actually feel that a no interest loan doesn't mean anything that it will end at just one.
Its not just about the balance. I find it hard to believe that if you actually feel that a no interest loan doesn't mean anything that it will end at just one.
Its not just about the balance. I find it hard to believe that if you actually feel that a no interest loan doesn't mean anything that it will end at just one.
It is more beneficial to keep "2k" in cash in a high-interest savings account than spend it instead of using the interest free loan and paying it off within the time frame.
With the right discipline anyone can "use" credit companies to their advantage... but since most people are credit dumb thats where credit card companies make their money.
High interest these days being 4%/5%. So what happens when you pay it off? Do you keep the card open?
High interest these days being 4%/5%. So what happens when you pay it off? Do you keep the card open?
Of course you do! Unless it indeed does have an annual fee.
Its not just about the balance. I find it hard to believe that if you actually feel that a no interest loan doesn't mean anything that it will end at just one.
So how long do you keep doing this? Until the number reaches the number of truck stop ass fucks you've had?
Getting interest free loans? As long as possible! You should really read this thread cover to cover...
http://www.fatwallet.com/forums/finance/632935/
But why, for the love of bacon, would you be one of the people that applies for the card at the checkout line???? :cries:
you do take a hit for the credit inquiry required when you apply for a card. you have to figure whether the relative benefit of interest gained over free loan period is worth the credit score hit.
Screw the credit card merits/detractors - this is what is important people!!!!!
WE DO NOT DO STUFF AT CHECKOUT THAT WILL MAKE IT TAKE LONGER FOR EVERYONE ELSE
you do take a hit for the credit inquiry required when you apply for a card. you have to figure whether the relative benefit of interest gained over free loan period is worth the credit score hit.
You can also dispute hard pulls and they will sometimes remove them.
Finance club and I'm in...... UF investing club anyone?
Good point. Although I've tried that a couple of times with my bankruptcy and it didn't work.If you have shit credit you're supposed to fill out a dispute form for everything negative on your credit reports. The company you dispute had 30 days to respond, if they don't, the big 3 automatically remove it from your credit report.
So if you have crappy credit, every 30-40 days, go fill out the dispute forms and eventually companies will quit responding and it clears your credit up.
Those adds that garuntee to fix your credit... that's all they do.