I don't see what could possibly go wrong

Cash advances....casino.... live life

yeah, im in the same boat, i have a debit card atm, and was wondering what the positives are

 

Originally Posted by toddytheboy

yeah, im in the same boat, i have a debit card atm, and was wondering what the positives are

For buying shit you cant afford.

And building credit so you can buy even more shit you cant afford.

I say pull the trigger and use your $500 limit to buy as many drinks as possible for girls at the bar. What could go wrong?

 

Originally Posted by pigalet42

everyone is unique. if getting your first credit card scares you now, don't do it. wait. the time will come. this isn't something someone can really give you advice on.

Awww :*)

<3

 

Originally Posted by Archie1106

so as long as u pay your entire bill every month there are never any interest rates? or does it just vary

Jfc you can't be this clueless at 23

 

Originally Posted by Camz

Jfc you can't be this clueless at 23

age 30 is the new 18

 

Originally Posted by pigalet42

everyone is unique. if getting your first credit card scares you now, don't do it. wait. the time will come. this isn't something someone can really give you advice on.

Is this credit or sex advice?? I'm confused....

Having a good credit score is more important than it used to be. They run it for other things besides just car loans and mortgages these days. The other thing is if you don't have any credit right now it is going to take years to build a good score. So even if you don't plan on borrowing money for a car/house tomorrow that doesn't mean you shouldn't be trying to improve your credit score. Some people like to put all of their bills on their credit card in order to rack up as many points as possible. I personally just use my card to buy gas and big purchases. Pay it off in full every month so that you're not paying interest and by the time you need credit for a big purchase it will be much better than if you had never gotten a card.

My card gives me 1% cash back on all purchases. Can't get that with a debit card really. Lets face it, you have to use credit these days and keep your score clean. Just try to be more responsible than 90% of americans lol

I'm looking for a gas card now that i'm back in the states anybody know of a good one?

You have to have credit. Get a card that has a decent rewards program. Use it to pay your utilities and things like gas and groceries. Set it up to automatically pay of the balance every month. Profit. It's really that simple.

1. Google is your OT step cousin's friend. Search "best credit card offer"

2. Apply for a Name-brand bank card. They excel at reporting to the credit bureau on a regular basis. (for the OWS crowd.. there are necessary evils in every society, we don't live in caves on dirt floor)

3. (the earlier Reward Program suggestion is good) Determine what you want from the card. Travel Miles, cash back..etc. As important though, are the extras that come with the card. For example, travel mile pretty much equal cash rebate so, gee, why not just get a cash rebate card. Answer, because in addition to the miles, the travel card may come with an annual "companion flies free" coupon (300 value) or first 2 checked backs included (120 per/round trip) and so on... so EDUCATE yourself and make an informed decision.

4. Those suggesting you pay it off every month...well.... let me take it further. Find a card that has a balance transfer offer that has 0% for 12-24 months with NO..i repeat NO x-fer fee. Then, make a transfer to your checking account of (FOR SAMPLE PURPOSED ONLY) a thousand dollars. Now, you have the "MANS" money interest and fee free for at least a year. Next, and... "PAY ATTENTION BOY, I"M TALKIN' TO YA" (spoken in my FOGHORN LEGHORN VOICE)... Find out with the minimum payment is and set up an AUTO PAY for slightly more and MAKE SURE. you schedule the payment for no less than 10 days before it is due. (also, make sure your payment due date set and not floating. I"m pretty sure the government changed this recently, but, in the past the CC co's would change due dates make people delinquent to put the royal squeeze on. (one of many reasons NOT to get cozy with credit cards)
and;

5 In the final month of the offer, pay the balance of completely. You will have used the banks money for (at least) one year without interest and used bank money to begin to building a solid credit score.

I hope that helps... good luck.

 

Originally Posted by StlngMyChps

My card gives me 1% cash back on all purchases. Can't get that with a debit card really. Lets face it, you have to use credit these days and keep your score clean. Just try to be more responsible than 90% of americans lol

I'm looking for a gas card now that i'm back in the states anybody know of a good one?

Im pretty sure I have a 2% one somewhere( I should know what it is but I keep that shit in the dresser at home.