I Don't Want Any Credit Cards!

[BankruptinNJ]

I never understood of concept of trying to be able to get back into debt, when it was debt that caused all of our problems to begin with. Some debt I know is understandable like acquiring debt in order to buy a car or house. With credit cards, it's like drinking alchool. It will sneak up on you when you least expect it. If I ever get another credit card, I will only have it set at about $2,000 and will refuse any credit line increases.

Yes, I'm so afraid that I will need another "credit intervention"! I just love not owing any money except for my rent and other monthly bills.

[mountanddo]

Been drinking alcohol for 25 years and it's yet to sneak up on me.

LOL...sorry I found that funny!

[Logan]

I never understood of concept of trying to be able to get back into debt, when it was debt that caused all of our problems to begin with. Some debt I know is understandable like acquiring debt in order to buy a car or house. With credit cards, it's like drinking alchool. It will sneak up on you when you least expect it. If I ever get another credit card, I will only have it set at about $2,000 and will refuse any credit line increases.

Been drinking alcohol for 25 years and it's yet to sneak up on me.

[Goteki45]

I never understood of concept of trying to be able to get back into debt, when it was debt that caused all of our problems to begin with. Some debt I know is understandable like acquiring debt in order to buy a car or house. With credit cards, it's like drinking alchool. It will sneak up on you when you least expect it. If I ever get another credit card, I will only have it set at about $2,000 and will refuse any credit line increases.

[ValleYum]

I agree that saving 5% any day is a good deal but I guess I was posting for the people that are not as disciplined to go straight home and pay the card off. In fact, the OP here stated she had a severe spending problem. Getting a card like this would not be a good idea for the OP. Hey, if you get a job at Target you can save 10%, LOL...just had to add a little humor to lighten the mood so Valleyum doesn't post anymore silly pictures.

It was getting entirely too tense in this thread over a mere misunderstanding of words - and hell this whole forum is mainly about tense stuff - so I just tried to lighten the mood.

[TBA]

As a quick aside - innovis is another CBA but not your typical - they carry nontradtional information, and last time i heard, they were still quite a ways off from having anything close to a complete database - as for nontraditional credit - think utility bills, rent, etc.

I dont think they are carrying banks and CUs and other lending institution data (again, that was last i heard, which was some time ago...)

[mountanddo]

Actually someone I work with someone who just quit working PT at Target. He said the culture sucks so maybe you don't want to start there, 10% savings or not.

[Logan]

I agree that saving 5% any day is a good deal but I guess I was posting for the people that are not as disciplined to go straight home and pay the card off. In fact, the OP here stated she had a severe spending problem. Getting a card like this would not be a good idea for the OP. Hey, if you get a job at Target you can save 10%, LOL...just had to add a little humor to lighten the mood so Valleyum doesn't post anymore silly pictures.

I just found out yesterday that my job is in jeopardy so maybe I'll have to get an application from Target.

[mountanddo]

I agree that saving 5% any day is a good deal but I guess I was posting for the people that are not as disciplined to go straight home and pay the card off. In fact, the OP here stated she had a severe spending problem. Getting a card like this would not be a good idea for the OP. Hey, if you get a job at Target you can save 10%, LOL...just had to add a little humor to lighten the mood so Valleyum doesn't post anymore silly pictures.

[Logan]

Really Logan? Did you not read the last part of my post where I said as long as you pay off the card monthly interest doesn't matter? The problem is that "life happens" and if you have one of these cards with a ridiculous interest rate it would be easy to let it go. 5% is not enough of a savings for me to have one of these cards. I'd just rather build my credit with a secured card or wait until I can get a card with a reasonable interest rate. But then I'm not you and you aren't me so to each their own. I was stating my opinion about the card not directly towards you.

OK, fair enough. But if you go to Target and use their credit card and get 5% off you can pay it off that day when you get home. I only spend a couple hundred a month at Target and it automatically pays in full on the due date. I never even look at the bill.
I don't look at it as building credit---it's saving money.
Logan

[ValleYum]

Really Logan? Did you not read the last part of my post where I said as long as you pay off the card monthly interest doesn't matter? The problem is that "life happens" and if you have one of these cards with a ridiculous interest rate it would be easy to let it go. 5% is not enough of a savings for me to have one of these cards. I'd just rather build my credit with a secured card or wait until I can get a card with a reasonable interest rate. But then I'm not you and you aren't me so to each their own. I was stating my opinion about the card not directly towards you.

Okay you two....

[mountanddo]

Really mountanddo? Where did I say I would be paying a dime of interest? Who doesn't think it's not smart to save 5%?

Logan

Really Logan? Did you not read the last part of my post where I said as long as you pay off the card monthly interest doesn't matter? The problem is that "life happens" and if you have one of these cards with a ridiculous interest rate it would be easy to let it go. 5% is not enough of a savings for me to have one of these cards. I'd just rather build my credit with a secured card or wait until I can get a card with a reasonable interest rate. But then I'm not you and you aren't me so to each their own. I was stating my opinion about the card not directly towards you.

[JackBondLove]

I got hit by the same snowstorm but we have a generator since this happens where I live every year.
Certainly cost alot of people money. The guy who snowplows my driveway actually showed up--I was pissed because it cost me $25 for a plow I didn't need. He was just out taking advantage of all of his customers.

I was living in Denver during the great Christmas snowstorm of 2006 in which my car was buried in 2-1/2' of snow. The apartment complex plowed the main parking area, but I still had to dig out a few feet around the car. I can understand why so many folks have heart attacks shoveling snow! I've never been so out of breath (being a mile up sure didn't help!)

[JackBondLove]

Good job! Two years post discharge here and no card wanted or obtained. My credit score (approaching 700 now) is doing just fine without one. Don't let people tell you that you need one, cause you don't.

CapitalOne says that I need about 6 different credit accounts before they would approve me for a HELOC.

[Logan]

Logan:

This storm was very bad in New Jersey. Our building has a backup generator but only to keep the lights on in the hallways. We were without electricity from Saturday to Thursday. Everybody in our building lost the food in their refrigerators.

That sucks. We lose power a couple of times a year. I bought a generator after we lost power for 5 days in Febuary.