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Janet
Are you shopping with a credit card?
by Janet
November 12, 2012 at 11:01 AM

 

Replies

  • kjbennett26
    November 13, 2012 at 7:34 AM

    Nope...cash and debit

  • Janet
    by Janet
    November 13, 2012 at 8:35 AM

     It came from the experts mouth.

    Quoting Kris_PBG:

    Quoting Janet:




    No you do not - that is a myth.

     

  • Janet
    by Janet
    November 13, 2012 at 8:37 AM

    Very smart!

    Quoting SlapItHigh:

    Yes.  We use a cashback rewards card and charge almost everything (anything we can) on it.  Then we pay it off in full each month.  This way, we never pay a dime in interest and we make thousands of dollars on the cashback money.

     

  • ratchetlee
    November 13, 2012 at 8:40 AM

    I have not had a credit card since 2001.... and I will never have another one!!!  If I can't buy it with cash (or debit)...then I don't need it!  

  • splatz
    by splatz
    November 13, 2012 at 11:22 AM

    Nope! I paid mine off a few months ago. I just need to cancel it now. I keep forgetting... I should do that today.

  • ratchetlee
    November 13, 2012 at 12:52 PM

    YIKES....using a credit card to build credit?!??!  Not a good idea.... at all.  and then earning 5% cash back when you are paying 12% in interest.... even worse idea, lol.

    As I said earlier....I've made it 11 years without a credit card.  I haven't had one lick of credit since 2001.... and I am debt free... so I guess a credit rating just isn't a big deal.  Just be careful..... that's all I am saying :-) 

  • Janet
    by Janet
    November 13, 2012 at 2:11 PM

    I heard cancelling is bad for your credit too.

    Quoting splatz:

    Nope! I paid mine off a few months ago. I just need to cancel it now. I keep forgetting... I should do that today.

     

  • Kris_PBG
    November 13, 2012 at 5:55 PM

    I have payed off my credit cards in full every month for the past 15 years +.  I have a credit score over 800.

    The key is to take out credit and pay it back.  There is no need to waste your money running a balance and paying interest .

    If you regularly use credit and re-pay credit on time your credit score goes up.

    Quoting Janet:

     It came from the experts mouth.

    Quoting Kris_PBG:

    Quoting Janet:




    No you do not - that is a myth.

     


  • LOVES67
    by LOVES67
    November 13, 2012 at 8:06 PM
    Nop, every yr we save money for the holidays if we don't have enough will use the debit card..
  • Janet
    by Janet
    November 14, 2012 at 9:24 AM

     That's great credit!

    Quoting Kris_PBG:

    I have payed off my credit cards in full every month for the past 15 years +.  I have a credit score over 800.

    The key is to take out credit and pay it back.  There is no need to waste your money running a balance and paying interest .

    If you regularly use credit and re-pay credit on time your credit score goes up.

    Quoting Janet:

     It came from the experts mouth.

    Quoting Kris_PBG:

    Quoting Janet:




    No you do not - that is a myth.

     

     

     

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