Kurt off them percs
With Booker T wife
Never get a credit that's more than what you have in your own bankI got 2 credit cards. 1 of them I owe 4,600 the other I owe like 600. I need help brehs
A credit card should not be used for emergencies. It's a trap to stay in debt.
- Thread starter Sad Bunny
- Start date
I had it going down until I bought a ps5, Series X, & a apple watch
Cut them up and payoff ASAP!I got 2 credit cards. 1 of them I owe 4,600 the other I owe like 600. I need help brehs
No...never spend more than you can payoff in 1 pay period.
I have 115K in ccs but only have like 60K liquid cash in the bank.
Cobalt Sire
All Star
How much money are you guys getting from the cash back points yearly?
I just checked this out across all of my cards I use just the cash back $3200. But I haven’t been spending as much since I’m actually trying to invest more often. I bet you big spenders or those paying rent and everything are getting over $5000
playplayaj
Drumming genius
Getting a credit card was one of the BEST things I could have ever done. My credot score is currently 830. You have 30 days to play with other people's money and increase your credit score. Why not?
I had it going down until I bought a ps5, Series X, & a apple watch
Is your credit score good? This might sound counter intuitive, but as you're probably getting hit over the head with interest, opening another credit card with a promo 0% APR on balance transfers could be a good idea.
A card like the Citi Diamond Preferred gives you 0% APR on balance transfers for 18 months. You may need to pay a small fee like 2 or 3% of the balance, but that's better than 21% APR or whatever you're probably paying now. So you'll have 18 months to kill that balance with no interest accruing. You still need to make your monthly minimum payment by the way.
Just make sure you cut up both cards once you're all set with the balance transfer. I don't think credit cards are for you
Money Be Green
Superstar
Pre covid I was balling
. I had 9,000 in the bank and 6,000 cash. I got the cc through my bank. They approved me for 5200 
I will breh. But I need these for emergency. My belt shredded on my car about an hour ago
. I just got back in the house. . In the morning I'm going buy a new serpentine and put it on.
Is your credit score good? This might sound counter intuitive, but as you're probably getting hit over the head with interest, opening another credit card with a promo 0% APR on balance transfers could be a good idea.
A card like the Citi Diamond Preferred gives you 0% APR on balance transfers for 18 months. You may need to pay a small fee like 2 or 3% of the balance, but that's better than 21% APR or whatever you're probably paying now. So you'll have 18 months to kill that balance with no interest accruing. You still need to make your monthly minimum payment by the way.
Just make sure you cut up both cards once you're all set with the balance transfer. I don't think credit cards are for you
Credit score is like 670
. I never missed any cc payments. I just missed my car note tho . Also I lost my job last Sept .
Art Barr
INVADING SOHH CHAMPION
Only reason you need a cc is.
If you go out of town and need to have a cc to rent a car.
shyt bogus how rental cars prey and steal from people out of town. Yet you will be stranded.
if you can nOt play.
this bullshyt cc game with them out of state.
Art Barr
fukk rental car companies and credit cards.
If you go out of town and need to have a cc to rent a car.
shyt bogus how rental cars prey and steal from people out of town. Yet you will be stranded.
if you can nOt play.
this bullshyt cc game with them out of state.
Art Barr
fukk rental car companies and credit cards.
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invincible1914
G.O.M.A.B.
Disagree. You should use a credit card with reward points for everything. Zero out the balance every month. Moving from a one checking account backed by a savings account approach to reward credit cards backed by checking accounts backed by savings is so much better for me.
You can dispute any transaction on your credit card. You get extended warranty on devices. You don’t have to worry about overdrafting. And you are stacking reward points, so you get money back for spending. The only catch is maintaining a zero balance.
People are still listening to Dave Ramsey.
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invincible1914
G.O.M.A.B.
I don’t know if it’s good advice or not, but when your reward points really start stacking up it becomes your protection from over spending (emergency fund). So your bank account got even more of a cushion. My bro in law do a lot of traveling for his job. He puts everything on a credit card, pays it off, and gets reimbursed. His reward points are ridiculous. All of that is free money.
CashmereThoughts
Veteran
Cash back usually the lower tier reward.
you want them cards with 3-5 x point value for spending on specific categories like travel/gas/ groceries. I’m earning what equates to about $18 per week in addition to the fact that got global entry and a free year of Amazon prime
Secure Da Bag
Veteran
Nah. Because if you're actually using that for an EMERGENCY, then it's not gonna drag you down. If you're using it like you don't have to pay it back, then you're gonna end up with mad interest and won't be able to use it in an actual emergency.
CashmereThoughts
Veteran
This is the mentality I had before I educated myself on credit and credit cards and what I could get from it
