|
Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
|
Got approved for a credit card!
#22489141 - 11/07/15 03:03 AM (8 years, 2 months ago) |
|
|
300 dollar credit line!
You know what Hillary says, "Suck my clit and balls!"
--------------------
Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Psalm 12:6 The words of the Lord are pure words: as silver tried in a furnace of earth, purified seven times. Hebrews 11:3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear. Revelation 3:11 Behold, I come quickly: hold that fast which thou hast, that no man take thy crown.
|
The Moose
Alces alces


Registered: 08/31/15
Posts: 2,389
Last seen: 1 year, 10 months
|
Re: Got approved for a credit card! [Re: Shiithead] 1
#22489147 - 11/07/15 03:11 AM (8 years, 2 months ago) |
|
|
Good for you man, good way to get started just handle it responsibly and it'll help your out in life.
|
CokeNasmilee
BONKERZZZZZ



Registered: 08/20/11
Posts: 237
Last seen: 6 years, 5 months
|
Re: Got approved for a credit card! [Re: The Moose] 3
#22489148 - 11/07/15 03:13 AM (8 years, 2 months ago) |
|
|
I'm 30 with no credit cards at all. Loving life much more. lol
|
Cloud9
I don't feel, and it feels great



Registered: 07/03/03
Posts: 1,554
Loc: between here and there
|
Re: Got approved for a credit card! [Re: The Moose]
#22489149 - 11/07/15 03:13 AM (8 years, 2 months ago) |
|
|
i'm looking to get a similar one this month to start building credit. seems like a solid plan.
--------------------
|
Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
|
Re: Got approved for a credit card! [Re: Cloud9]
#22489151 - 11/07/15 03:15 AM (8 years, 2 months ago) |
|
|
go capital one.
I got approved in 5 minutes
--------------------
Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Psalm 12:6 The words of the Lord are pure words: as silver tried in a furnace of earth, purified seven times. Hebrews 11:3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear. Revelation 3:11 Behold, I come quickly: hold that fast which thou hast, that no man take thy crown.
|
The Moose
Alces alces


Registered: 08/31/15
Posts: 2,389
Last seen: 1 year, 10 months
|
Re: Got approved for a credit card! [Re: Shiithead]
#22489154 - 11/07/15 03:16 AM (8 years, 2 months ago) |
|
|
I got a wells fargo cash back card and I'm 18. Helps to establish early cuz my score is like 700 and I had to buy a new car on loan which was helpful
|
Cloud9
I don't feel, and it feels great



Registered: 07/03/03
Posts: 1,554
Loc: between here and there
|
Re: Got approved for a credit card! [Re: The Moose]
#22489156 - 11/07/15 03:19 AM (8 years, 2 months ago) |
|
|
i bought a new car last week but didn't have the credit, which is what has prompted me to start building it. i also have 900$ in debt left to pay off before being debt free.
ideally i'd like to get a card in a year or so to start building miles for travel.
--------------------
|
The Moose
Alces alces


Registered: 08/31/15
Posts: 2,389
Last seen: 1 year, 10 months
|
Re: Got approved for a credit card! [Re: Cloud9]
#22489163 - 11/07/15 03:26 AM (8 years, 2 months ago) |
|
|
Yea I bought a car about 2 weeks ago. So now I'm about 5.2K in debt and my father signed with me. IMO it's always better to at least have the credit if you need it, rather than have no credit history and be fucked.
|
Shroomslip
Architekt



Registered: 11/25/12
Posts: 23,651
Last seen: 12 minutes, 15 seconds
|
Re: Got approved for a credit card! [Re: Shiithead]
#22489165 - 11/07/15 03:30 AM (8 years, 2 months ago) |
|
|
So before I go posting what I originally planned, let me ask two questions.. Is this mostly just to build credit? If it is to build credit, are you already using other means to do so (such as bank loan)?
--------------------
With my face against the floor I can’t see who knocked me out of the way. I don’t want to get back up but I have to so it might as well be today. Nothing appeals to me no one feels like me, I’m too busy being calm to disappear. I’m in no shape to be alone contrary to the shit that you might hear. You can't wake up, this is not a dream. You're part of a machine, you are not a human being With your face all made up, living on a screen. Low on self esteem, so you run on gasoline
|
Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
|
Re: Got approved for a credit card! [Re: Shroomslip]
#22489170 - 11/07/15 03:38 AM (8 years, 2 months ago) |
|
|
Yes
No
The card is to build credit to one day get a bank loan though.
--------------------
Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Psalm 12:6 The words of the Lord are pure words: as silver tried in a furnace of earth, purified seven times. Hebrews 11:3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear. Revelation 3:11 Behold, I come quickly: hold that fast which thou hast, that no man take thy crown.
|
The Moose
Alces alces


Registered: 08/31/15
Posts: 2,389
Last seen: 1 year, 10 months
|
Re: Got approved for a credit card! [Re: Shiithead]
#22489174 - 11/07/15 03:42 AM (8 years, 2 months ago) |
|
|
It'll help you out if you just spend like $20 and immediately pay it off.
Personally I just charge any bills to my CC (car insurance, car paymt, cell phone payment) and pay it off every month and I'm covered. I have like a $1500 limit so I make sure it's paid every month and I'm set
|
Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
|
Re: Got approved for a credit card! [Re: The Moose]
#22489179 - 11/07/15 03:46 AM (8 years, 2 months ago) |
|
|
I don't thinks it's good to pay it off quick to build credit. If you pay in payments it builds credit faster and lets the credit bureaus know you're a sucker and willing to borrow money and pay interest on that money.
--------------------
Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Psalm 12:6 The words of the Lord are pure words: as silver tried in a furnace of earth, purified seven times. Hebrews 11:3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear. Revelation 3:11 Behold, I come quickly: hold that fast which thou hast, that no man take thy crown.
|
The Moose
Alces alces


Registered: 08/31/15
Posts: 2,389
Last seen: 1 year, 10 months
|
Re: Got approved for a credit card! [Re: Shiithead]
#22489182 - 11/07/15 03:48 AM (8 years, 2 months ago) |
|
|
To each their own, but I've always heard it is best to keep your statement at zero each month
|
Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
|
Re: Got approved for a credit card! [Re: The Moose]
#22489183 - 11/07/15 03:51 AM (8 years, 2 months ago) |
|
|
You can do that and still make payments. At least 2 a month to show you are paying it off when you get your paychecks and that you have a budget in order to keep making payments.
4 at most if you get paid weekly.
--------------------
Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Psalm 12:6 The words of the Lord are pure words: as silver tried in a furnace of earth, purified seven times. Hebrews 11:3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear. Revelation 3:11 Behold, I come quickly: hold that fast which thou hast, that no man take thy crown.
|
MichAnon.ael
Dark Stranger


Registered: 12/15/14
Posts: 892
Last seen: 6 years, 11 months
|
Re: Got approved for a credit card! [Re: The Moose] 1
#22489187 - 11/07/15 03:55 AM (8 years, 2 months ago) |
|
|
Yeah! Cuz apr's like 20% haha! But pay them for loaning you 20 bucks it's cool. Making up debt is the way our system works!
|
The Moose
Alces alces


Registered: 08/31/15
Posts: 2,389
Last seen: 1 year, 10 months
|
Re: Got approved for a credit card! [Re: Shiithead]
#22489189 - 11/07/15 03:57 AM (8 years, 2 months ago) |
|
|
Honestly I'm not 100% on it. Personally I try and pay 100% while I charge my car insurance, car payment and my cell phone paymcardent to the same card
|
Shroomslip
Architekt



Registered: 11/25/12
Posts: 23,651
Last seen: 12 minutes, 15 seconds
|
Re: Got approved for a credit card! [Re: Shiithead]
#22489193 - 11/07/15 03:59 AM (8 years, 2 months ago) |
|
|
That at least clears up one aspect of what I was going to say.. That 300 dollars is absolute shit and I don't know why anyone even consider taking it. That limit is so low, it can't be used to get the stuff you need but can't afford to pay up front and can be spent frivolously in a single day easily. It's like telling them "here take my money from me".
If you want to build your credit there are other ways and better ways. One is getting a bank loan and paying it off on their plan, if the plan is for 12 months, you pay it off in 12 months regardless of whether you get the disposable income 2 months in. Becasue..
Quote:
The Moose said: It'll help you out if you just spend like $20 and immediately pay it off.
This is wrong. You don't build credit (or much anyways) by taking out a loan (bank or credit card) and paying it off immediately. You build credit by making steady payments. The whole idea behind credit is that you can be trusted to make regular payments on whatever good/service they gave you. Someone gives you a credit line, they want to know you're reliable and will pay it off.
Diversfication is another thing that can help improve your credit score. The more lines of credit/loans you can take out and keep paying, the better off you are. This can fuck you over if you're not smart about it. The smart thing to do is to always save up enough money you will not touch for any reason, and then taking out a line of credit equal to that amount. If things go to shit and you lose your job or whatever (ideally you had already built up another lump of money to see you through that as well) you still have the funds to pay it off and not hurt your credit. Pay them all off that day to avoid temptation and start thinking "I'll get a job soon enough I can handle things for now".
--------------------
With my face against the floor I can’t see who knocked me out of the way. I don’t want to get back up but I have to so it might as well be today. Nothing appeals to me no one feels like me, I’m too busy being calm to disappear. I’m in no shape to be alone contrary to the shit that you might hear. You can't wake up, this is not a dream. You're part of a machine, you are not a human being With your face all made up, living on a screen. Low on self esteem, so you run on gasoline
|
Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
|
Re: Got approved for a credit card! [Re: Shroomslip]
#22489196 - 11/07/15 04:01 AM (8 years, 2 months ago) |
|
|
Sound advice.
--------------------
Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Psalm 12:6 The words of the Lord are pure words: as silver tried in a furnace of earth, purified seven times. Hebrews 11:3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear. Revelation 3:11 Behold, I come quickly: hold that fast which thou hast, that no man take thy crown.
|
The Moose
Alces alces


Registered: 08/31/15
Posts: 2,389
Last seen: 1 year, 10 months
|
Re: Got approved for a credit card! [Re: Shroomslip]
#22489197 - 11/07/15 04:03 AM (8 years, 2 months ago) |
|
|
Yea 'slip I see what you mean.
Personally I've always been told my dad that the best way is to keep my CC montly statement at zero though
|
Shiithead
Your Huckleberry



Registered: 04/05/13
Posts: 9,997
Loc: God's Flat Green Earth
|
Re: Got approved for a credit card! [Re: The Moose] 1
#22489201 - 11/07/15 04:06 AM (8 years, 2 months ago) |
|
|
Your father has no balls.
Break the cycle.
--------------------
Ephesians 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Psalm 12:6 The words of the Lord are pure words: as silver tried in a furnace of earth, purified seven times. Hebrews 11:3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear. Revelation 3:11 Behold, I come quickly: hold that fast which thou hast, that no man take thy crown.
|
|