August 19, 2011 @ 11:47 PM

Post: 730

Join Date: May 2007

And this is how nigs get into debt, pay that ho off every month/ when have money and set a budget for things u want to cop

That's what I just said, du.
August 20, 2011 @ 10:58 AM

Post: 2803

Join Date: Aug 2008

Location: california

you REAL limit is how much ins your savings.
So if you ever encounter a time where you spent sooooo much and your paychecks won't cover it right away then you have your savings. So in other other words you shouldn't have an excuse why you can't pay the entire statement.
August 20, 2011 @ 11:18 AM

Post: 517

Join Date: Jun 2010

Location: NYC

don't spend money you don't have.*
August 20, 2011 @ 04:16 PM

Post: 2820

Join Date: Jun 2009

Location: between the bay and...

Dont listen to these guys. I have never not paid my monthly payment in full, and I have a decent credit history.

that is not the same thing as i said, paying your credit card off every month, even for little shit helps more then having a balance, trust, creditors look at your pay ratio to see if you can hang, just don't go ham with the sht, been there done that and it's no fun paying that shit off in lump sums, u question your purchases and shake your head at yourself
August 20, 2011 @ 04:20 PM
It's Only Hype

Post: 5981

Join Date: Jan 2008

obviously you dont have to pay your balance in full, but then you gotta pay interest on your remaining balance. who wants to pay interest? especially with today's rates that will rape you, like 10%+ and shit

tl;dr and to reiterate what others have said already
-pay off balance every bill if possible, or at least pay more than minimum
-watch your credit limit!
-try to get the best interest rates
*********pay on time, don't be late**********
August 27, 2011 @ 08:59 PM

Post: 5030

Join Date: Jun 2010

Location: Location

Is 18% too much for interest rate for a credit card?

I want to see the world burn

August 27, 2011 @ 09:04 PM

Post: 3197

Join Date: Jun 2010

Location: Isolation

Is 18% too much for interest rate for a credit card?


Run away from the land of Sodom and Gomorrah, the land of the sinking sand

August 28, 2011 @ 03:25 PM

Post: 16

Join Date: Aug 2011

don't cancel your card that will reflect badly on your credit score. If you don't pay in full, you will accrue interest on your debt. I suggest setting up a plan i.e.

Outstanding balance: 400

minimum is 35.00

pay like 50.00 a month for 4 months on time-->build up your credit and improve your credit score.

True to an extent but if you have multiple lines of credit open that reflects badly on your shit also so it's good to maybe have 2 or 3 open.

Also, common sense but never do a cash advance on a credit card

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