Eight Things a Credit Card User Should Know - Page 3

Mango · 04-03-2009, 02:46 PM

Americans have something crazy like 4 trillion dollars credit card debt (watched a special the other day)

You don't have to be irresponsible to get in over your head. Especially when life circumstances change.

jenilouise · 04-03-2009, 02:52 PM

Oh I know- I was there and we put more and more on the cards and it got out of control. I have only one card now and plan to keep it that way.

Fallon · 04-03-2009, 08:45 PM

You don't have to be irresponsible to get in over your head. Especially when life circumstances change.

I couldn't agree more. I don't have much CC debit at all but what I do have came from a really bad time in my life

Mark · 04-04-2009, 12:01 AM

Originally Posted by Mango

Ditto to everything here (cept I'm 27) and yet still a 1 day late payment ONCE has hurt my credit. And it's not like I didn't have the $, didn't get the statement on time!

I have done that before too.

It is awful to plan to make a payment and then to forget.

Mark · 04-04-2009, 12:03 AM

Originally Posted by Dadu2004

Alright folks, I'm gonna pimp my site here. I work for insurance.com, and we do comparitive quoting and binding for auto insurance. Kind of like Progressive does, but we can actually sell you the policy, where they can't.

Car Insurance | Car Insurance Quotes | Online Car Insurance Rates

I will have to take a look and see if we can get better rates. It is definitely worth checking out.

Mango · 04-04-2009, 08:15 AM

Originally Posted by Mark

Believe it or not it is better to have a card with a small limit that you pay off regularly than no card at all. I understand for some people they would much rather just not have a credit card. I guess it is all just a matter of what you are comfortable with and whether or not you would misuse a credit card. I know there are times when I would prefer not to have one as well.

You were quoting Kaytee's post here, not sure how to quote them both!

I often thought about getting rid of all cards (I have 3 and they aren't very much) but I wondered about what Mark said here.

Kaytee, how do you guys get along with NO credit cards? How do you like... Stay in a hotel room, or rent a car, or anything? I have found without one, there is really so much you couldn't do.

Kim · 04-04-2009, 10:07 AM

Originally Posted by Mango

You were quoting Kaytee's post here, not sure how to quote them both!

I often thought about getting rid of all cards (I have 3 and they aren't very much) but I wondered about what Mark said here.

Kaytee, how do you guys get along with NO credit cards? How do you like... Stay in a hotel room, or rent a car, or anything? I have found without one, there is really so much you couldn't do.

You can use your debit card for all that stuff, that's what we do. we do have 1 capital one card, but we set it up online to pay the full balance automatically each month - but we hardly ever put anything on there

Dadu2004 · 04-04-2009, 10:39 AM

Originally Posted by Mark

I will have to take a look and see if we can get better rates. It is definitely worth checking out.

Yeah, anything that can save cash is good...I can't guarantee that you'll get a better rate b/c we're not an insurance company, we're a middle man betweent the companies and the consumers. But, it's certainly worth the try to see if you can save some dough.

jenilouise · 04-04-2009, 02:27 PM

I do all that stuff with my debit too. My one credit card is emergencies only and I pay the balance in full for anything I put on it.

Mango · 04-05-2009, 11:31 AM

Ok, that works then! Only here you could not stay in a hotel or rent a car without a valid credit card. Interesting!

04-03-2009, 02:46 PM	#21
Mango NowParenting Addict Join Date: Jul 2008 Location: Western Quebec, Canada Age: 28 Posts: 1,109 Rep Power: 20 Reputation: 247 Children None yet :)	Americans have something crazy like 4 trillion dollars credit card debt (watched a special the other day) You don't have to be irresponsible to get in over your head. Especially when life circumstances change. __________________ If parents snicker at racial and gender jokes, another generation will pass on the poison adults still have not had the courage to snuff out. -- Marian Wright Edelman

04-03-2009, 02:52 PM	#22
jenilouise 4 1/2 feet of fury! Join Date: Feb 2008 Location: Oregon Age: 30 Posts: 6,018 My Mood: Rep Power: 71 Reputation: 287 Children Isabella (11), Josephine (10), Hannah (8), Natalia (2), and Sophia (infant)	Oh I know- I was there and we put more and more on the cards and it got out of control. I have only one card now and plan to keep it that way. __________________

04-04-2009, 02:27 PM	#29
jenilouise 4 1/2 feet of fury! Join Date: Feb 2008 Location: Oregon Age: 30 Posts: 6,018 My Mood: Rep Power: 71 Reputation: 287 Children Isabella (11), Josephine (10), Hannah (8), Natalia (2), and Sophia (infant)	I do all that stuff with my debit too. My one credit card is emergencies only and I pay the balance in full for anything I put on it. __________________

04-05-2009, 11:31 AM	#30
Mango NowParenting Addict Join Date: Jul 2008 Location: Western Quebec, Canada Age: 28 Posts: 1,109 Rep Power: 20 Reputation: 247 Children None yet :)	Ok, that works then! Only here you could not stay in a hotel or rent a car without a valid credit card. Interesting! __________________ If parents snicker at racial and gender jokes, another generation will pass on the poison adults still have not had the courage to snuff out. -- Marian Wright Edelman

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