Credit Cards - Page 2

Sky Warrior Bob · 01-26-2005, 07:29 PM

Also, I only thinnly went into this & mistakenly called it a cash card, instead of calling it a bank card, but you should consider getting one of those. And unless you're bank account it running on empty, its use can only help your credit & it doesn't have interest rates.

SWK

synkr0nized · 01-26-2005, 07:40 PM

Quote:

Originally Posted by adamark

It would be better never to get a credit card at all. Pay cash. If you can't pay cash, you shouldn't be buying it. Paying with credit is like paying the original amount + 15% after all the interest. Why pay more? Fight the system that keeps you oppressed.

If you pay your bills on time, guess what? No interest. I have an impeccable credit rating because of this.

Brave, if it comes down to it and you decide a debit/bank card is not what you need and credit really is, perhaps you could look into a joint account. Before I started high school, or somewhere around then, my father helped me out by being my co-owner of the card. In practice, he handled nothing but advice and the like. Technically, he could use the card number, but it was issued in my name and my bank account was used to create it. I honeslty don't remember if it's become 100% mine now or not, as I only use credit for purchases I don't want to or can't spend the cash/debit on directly [I really should look into this]. Regardless, this provides a way for someone with no credit rating (I really still have little need for a credit card, being in my senior year of college and not living alone) to create and establish one.

Kitty Cannonade · 01-26-2005, 08:25 PM

Quote:

Originally Posted by adamark

It would be better never to get a credit card at all. Pay cash. If you can't pay cash, you shouldn't be buying it. Paying with credit is like paying the original amount + 15% after all the interest. Why pay more? Fight the system that keeps you oppressed.

That only happens if you don't pay the amount in full when the bill is due. Or better yet, pay it early.

Quote:

Originally Posted by Sky Warrior KC

Also, I only thinnly went into this & mistakenly called it a cash card, instead of calling it a bank card, but you should consider getting one of those. And unless you're bank account it running on empty, its use can only help your credit & it doesn't have interest rates.

SWK

I think these are good, too. My first card was a visa through my bank. It had a limit of $500. After a year, the limit went up to $750. Then I started getting regular credit cards. After that, I bought a car. It was frustrating, though, trying to buy a car before I had a credit card. I had the money, but I didn't have any references.

Terex4 · 01-26-2005, 08:40 PM

Okay, you can try a bank with a secured card (think of it like a phone card, you put money on it and that's all you have. Its like a check card almost.) If you live with your parents, convince them to apply for a gas card or something with both their name and your name on it, then when they use it and pay on it you gain the credit too.

If you live on your own, your bills will help your rating as long as they are in your name.

01-26-2005, 07:29 PM	#11
Sky Warrior Bob bOB iZ brOkeN Join Date: Nov 2003 Location: It's a nice place to visit... Posts: 3,755	Also, I only thinnly went into this & mistakenly called it a cash card, instead of calling it a bank card, but you should consider getting one of those. And unless you're bank account it running on empty, its use can only help your credit & it doesn't have interest rates. SWK __________________ :bmage: Because breakdancing is evil, and so am I, you will click on this link: The power of evil compels you... You are in error. No one is screaming. Thank you for your cooperation. Yes I know the breakdancing BM link doesn't work, and I don't care.